Raiffeisen Launches ESG-orientated Investment Fund

Raiffeisen Asset Management has launched the Raiffeisen Global Equity fund. It will invest in companies based on, among other things, sustainable goals in Romania.

The Austrian bank and its subsidiary, Capital Management, have been looking at sustainability as a core focus since 2013.

With an equity portfolio of over €1,3 billion, Raiffeisen Asset Management is one of the top funds active in the Romanian market.

Developed on three pillars – Economy, Society and Environment (ESG) – the ESG standards introduced by the fund include:

• added value, fair business and economic practices (economy)
• social product responsibility, employees and stakeholders, active civil society (society)
• ecological product responsibility, corporate environmental protection, environmentally friendly society (environmental)

An additional variable for yields, the ESG rating is calculated based on issues such as sustainability, diversity, inclusion, ethics, and stakeholder transparency reports as issued by companies.