Umweltcenter of Raiffeisenbank Gunskirchen

Green Finance



Green Banking made in Austria


Project Facts

Location
Austria
Gunskirchen, higher Austria

Project Volume
25-50 Mio. EUR

Applied Financing Solutions
Concessional Loans, Other

Project Dates
Start: 2012
In operation since/from: 2012

The Story

For more than 120 years, the independent Raiffeisenbank Gunskirchen has been a proven contact in the region of upper austria.

With the establishment of the Umweltcenter at the end of 2012, the bank focused even more on social, ecological and sustainable financing and investments. With the Umweltcenter the Raiffeisenbank Gunskirchen is living the vision of a green bank. The primary goal is to preserve the environment and protect the climate. The Umweltcenter invests exclusively in ecological, climate-friendly, social and community-oriented projects, spanning an arc from eco-social housing, biomass power plants and the construction of photovoltaic systems to zero percent financing for e-cars and organic shops.

The Umweltcenter offers customers throughout Austria the opportunity to use green investment products to make their money work for them sensibly or to do their daily banking business sustainably with the environmental current accounts.

Success Factor | Hero Moment

The Umweltcenter has established a business model with clear exclusion criteria and above all with clear investment criteria.

These criteria are precisely defined in the "Umweltgarantie". All investments are made with the greatest possible transparency and checked once a year by an external auditor. As of December 31, 2019, the credit volume in the Umweltcenter was 39.58 million euros. The implemented projects save the environment 51,703 tons of CO2 per year and corresponds to the annual consumption of 6,155 EU citizens.

Submitter
Raiffeisenbank Gunskirchen eGen, Austria

Contact Mail
office@umweltcenter.at

Website
www.umweltcenter.at

Keywords
Innovation, Sustainable Investing

Terminated Emissions
51.703 tons CO2e per year

Comparable to the annual CO2 absorption of
413.624 trees

Hard Facts
217.306 MWh renewable energy produced per year