Operations ecology

Pursuant to the bank’s internal operations ecology, and in order to improve its efficiency in this area, Bank Austria Creditanstalt is pursuing a number of tasks which reflect our comprehensive sustainability strategy. The bank aims to use resources in a responsible manner while significantly reducing costs and enhancing efficiency.

Legal compliance avoids risks and underlines the bank’s model role in the area of sustainability.

A requirement for high ecological efficiency within Bank Austria Creditanstalt is the establishment of a control loop to ensure consistency and sustainability in the bank’s operations at all levels. An essential aspect of this is the monitoring of consumption data.

Effective action

In 2006 we kept electricity consumption at a stable level, following a significant reduction from 154,155,700 kWh to 144,500,000 kWh in the period 2004/2005. The Austrian Federal Economic Chamber (WKO) referred to energy optimisation for ventilation systems at the bank’s Praterstern administrative centre as an example of best practice. Our waste disposal strategy is also approaching the goal of making maximum use of available savings potential.

ÖGUT’s Financial Services Industry working group was set up in 1994 to find ways to put the financial services industry on an ecological basis. The members of the working group are the sustainability officers of major Austrian providers of financial services. With a view to better communicating efforts and progress in the environmental and social areas and make them visible to the public, the ÖGUT Financial Services Industry working group carries out benchmarking for Austrian financial services providers in the areas of operations ecology and social affairs to intensify the exchange of ideas in sustainability management and to optimise sustainability reporting in the financial services industry.

Operations ecology data