On the occasion of the climate conference in Glasgow, Erste Asset Management and the environmental protection organization WWF Austria draw attention to the urgency of quick decisions and huge climate protection investments.

On the occasion of the climate conference in Glasgow, Erste Asset Management and the environmental protection organization WWF Austria draw attention to the urgency of quick decisions and huge climate protection investments.
Funds marketing themselves as green investment do not always focus on companies that fight climate change, develop solar modules or recycle batteries. Instead, many of them look like traditional portfolios holding large tech companies – yet they wear green labels.
In order to evaluate the sustainability of a company or a product, a large number of aspects have to be considered and additionally correlated with each other and placed in a broader context. Guest Commentary by Raphael Fink of Umweltzeichen Team at VKI.
In recent years, we have seen dynamic growth emerging. It started with green bonds, which were then complemented by social bonds, sustainability bonds (a combination of environmental and social projects), and sustainability-linked bonds.
By integrating sustainable factors, we pursue social and environmental justice and have mechanisms and tools in place to avoid greenwashing. Our mission is also to align our sustainability approach with the investment needs of our clients to build a solid foundation for the future.
Many investors currently find it difficult to tell apart actually green companies from allegedly green ones. In this article, we are going to discuss the risk of greenwashing, and discuss what investors have to pay attention to and to what extent the new regulation by the EU (Taxonomy) can help to disclose greenwashing.
In recent years, environmental and social issues were voted on at the annual general meetings of global companies. Increasingly, the focus was on more transparency regarding lobbying and political contributions.
“The Great Transformation”: This was this year’s Forum Alpbach’s overarching motto for the talks and panel discussions among the assembled top politicians, economic leaders and scientists from around the world. Partly on-site and partly online, between 18 August and 3 September a total of 4,134 participants from 62 countries discussed possible ways out of the corona pandemic crisis and global future scenarios.
We are pulling the plug on coal, abstaining from investments in companies that operate in the fields of coal mining or the production of electricity or fuel from coal from 1 July 2021 onwards.
As the first financial institution in Europe, Erste Group has joined the European Commission’s Green Consumption Pledge initiative to accelerate its contribution to a sustainable economic recovery. The Green Consumption Pledge is the first initiative delivered under the New Consumer Agenda and part of the European Climate Pact.