The certification, granted by Quality Austria on May 21, 2011 underlines Bank Austria's clear commitment to environmental protection which has been a key issue and top management responsibility for the Bank for many years.
"Sustainable business management is a dictate of reason and our responsibility for the future. Environmental management also has tangible benefits such as cost savings resulting from lower consumption of resources. We have thus made it clear from the very start that environmental management concerns all locations and ultimately all employees," says Bank Austria's CEO Willibald Cernko.
Bank Austria environmental management system covers the head office buildings and all branches. Certification will remain valid until 3 May 2014.
Reducing ecological footprint on an ongoing basis
Sustainability with regard to energy efficiency and ecological aspects will be among the key considerations in the implementation of construction project for the "UniCredit Bank Austria Campus" at Vienna's Northern Railway Station.
All electricity used by Bank Austria now comes from renewable sources of energy. The train is the preferred mean of transport for business trips. Bank also promotes videoconferencing with a view to reducing business travel to a minimum. In the development of new products, possible ecological impacts are analyzed and taken into account in the final decision on implementation.
Bank Austria's environmental program
The package of measures which Bank Austria has decided to implement as part of the environmental management system according to ISO 14001 in the form of an environmental program, over the next two years, includes further expansion of energy-saving features of IT equipment (wake on LAN, sleep on LAN), renewal of refrigerating equipment in head office buildings, energy monitoring system for branches, installation of photovoltaic systems at selected locations, financial assistance programs focusing on sustainable energy production, financing initiative for ecologically sound residential and office buildings, and development of specific sustainable types of investment.