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Sustainable management helps towards assuring the long-term success of our company. But it is an approach which also reflects our responsibility to society and for our environment. Thinking and acting on a sustainable basis is therefore an integral part of our corporate culture, which includes respect, reciprocity and fairness in our dealings with customers, employees and investors, suppliers and communities – values which are enshrined in the Integrity Charter which is applicable on a Group-wide basis.
That sustainability is not a mere catchword but a very real component of our corporate culture, is shown by the fact that Bank Austria and Creditanstalt, the bank’s predecessor institutions, signed the statement on banking and the environment within the framework of UNEP in 1993.
The commitment to sustainability of Bank Austria Creditanstalt’s top management is reflected in its participation in the Austrian Business Council for Sustainable Development, a group of top managers of large Austrian companies. The Business Council’s objective is to take account of the principle of sustainable development in the business sector by implementing it within the companies they lead and by propagating this attitude within the business sector.
Basic principles
In Bank Austria Creditanstalt, sustainability management rests on three pillars: product ecology, operations ecology, and corporate citizenship.
Bank Austria Creditanstalt’s structure fits perfectly with the system of values of UniCredit Group.We fully identify with UniCredit Group’s fundamental values and we are also fully aware of our responsi-bilities towards customers, employees, shareholders, suppliers, communities and the environment.
The Integrity Charter is an overarching framework of values which has been applicable in the entire UniCredit Group since autumn 2006. As already mentioned before, the Integrity Charter encompasses fairness, transparency, respect, reciprocity, freedom and trust, both within and outside the Group.