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Austrian Banking Sector Focuses on Sustainability: OeKB > ESG Data Hub Established
In a remarkable step towards promoting sustainability in the financial sector, Oesterreichische Kontrollbank (OeKB) has successfully introduced the OeKB > ESG Data Hub. Around 80% of the domestic banking sector, including well-known institutions such as UniCredit Bank Austria, Raiffeisen-Sektor, Erste Bank, and Sparkassen as well as Oberbank, already use this central online platform.
OeKB Group, with over 500 employees, offers essential services for Austria's export, capital, tourism, energy, and development financing, supporting the economy in a competition-neutral, cross-sectoral, and sustainably responsible manner. / Picture: © © OeKB / Christina Häusler
The OeKB > ESG Data Hub, which was launched in August 2022, aims to establish a uniform standard for the collection of relevant sustainability data (Environmental, Social and Governance, ESG) from companies. With this initiative, OeKB is responding to the growing regulatory requirements in the area of sustainability, which affect both companies and credit institutions.
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