Sustainability in the company

Sustainability means being aware of our actions and their consequences. Actions should be shaped in a way that avoids harm and creates new opportunities.

As ERSTE Immobilien KAG, we acknowledge this responsibility. We also strive to actively practise sustainability both as a company and as an employer. To this end, sustainability and its underlying principles are integrated into our corporate strategy and real estate products.

The concept of sustainability has a long tradition at Erste Bank Group. That’s why we are committed to our Group-wide Code of Conduct. The Code of Conduct outlines rules on behaviour with regard to issues such as the environment, diversity, and social responsibility.

Increasingly, investors are also taking ecological and ethical standards into account in their investment decisions. From an early stage, we recognised that investors are looking for sustainable investment opportunities.

To respond to this need, we launched the first sustainable public real estate fund in 2016, ERSTE RESPONSIBLE IMMOBILIENFONDS. In late 2018, ERSTE RESPONSIBLE IMMOBILIENFONDS was awarded the Austrian Ecolabel in the “Financial Products” category. The Austrian Ecolabel is a seal of quality for sustainable financial products that invest in accordance with ecological and socio-ethical guidelines.

Company

ERSTE Immobilien KAG assumes responsibility as a company and as an employer. We therefore strive to integrate sustainability and its various aspects into all areas of the company.


Employees – diversity and equal opportunities

Our employees are crucial to the positive development of the company. For us as a company, diversity and equal opportunities are thus essential elements of our human resources strategy. Therefore, we strive to create a work environment that is free of discrimination and harassment, in which the work of each individual is valued – regardless of gender, age, disability, marital status, sexual orientation, skin colour, religious or political beliefs, ethnic background, nationality, or any other aspect unrelated to employment.


Environment – the ecological impact of office operations

Environment and climate protection are among the most important challenges facing the world today. We strive to minimise our ecological footprint, and in particular our energy and paper use, with the goal of using natural resources responsibly.

We are increasingly integrating social and ecological considerations into our everyday work life. We have therefore defined the following priorities as part of our environmental strategy:


Climate protection and the sustainable use of natural resources

  • We are reducing business travel by increasing the use of telephone and video conferencing.
  • For business trips, we give preference to environmentally conscious or sustainable hotels when prices are comparable.
  • We encourage the use of environmentally friendly alternatives for business trips.
    • Travel by train is preferred to car and plane travel
    • Carpooling is practised whenever possible
    • We provide employees who regularly travel on business with an ÖBB Vorteilscard
  • We take ecological considerations into account when making purchasing decisions, such as office materials and equipment as well as advertising materials. Through supply chain management, we do our utmost to avoid any indirect adverse environmental impact.
  • We implement ongoing measures to reduce paper consumption. We incorporate ecological criteria in our purchasing process by using 100% recycled paper or paper with the FSC seal (Forest Stewardship Council) or the PEFC seal (Programme for the Endorsement of Forest Certification).
  • Since moving to the Erste Campus, we have implemented the “paperless office”. This reduces the amount of unnecessary printouts.
  • The default printer settings (double-sided and black and white) eliminate wastefulness.
  • We ask other companies to send printed newsletters and magazines to ERSTE Immobilien KAG in reduced quantities (no more than one copy per department).
  • We only mail printed documents when it is absolutely necessary, for example, when registered mail is required. Whenever possible, bicycle couriers are preferred for deliveries in the city.
  • E-bikes are available free of charge to employees at the Erste Campus for their appointments in the city.
  • There are over 400 bicycle parking spaces at the Erste Campus as well as sufficient employee changing rooms and showers. In this way, we aim to facilitate bicycle use for commuting.
  • Charging stations for electric vehicles are also available in the underground car park of the Erste Campus.
  • All employees are encouraged to switch off and disconnect electrical equipment when leaving the workplace.


Our social responsibility

Since the founding of Erste oesterreichische Spar-Casse, it has been the aim of our Group to help make prosperity accessible everyone. As ERSTE Immobilien KAG, we acknowledge this responsibility. It is part of our remit to work together with experienced partners in the social and civic sector.


Important legal information

This document is an advertisement. All data is sourced from ERSTE Immobilien Kapitalanlagegesellschaft m.b.H., unless indicated otherwise. Our languages of communication are German and English.

The “Fund Prospectus Information for Investors Pursuant to § 21 AIFMG” (fund prospectus) and the key investor information document/KIID of the ERSTE Immobilien KAG are published in Amtsblatt zur Wiener Zeitung and on our web site www.ersteimmobilien.at. They are prepared in accordance with the provisions of the Alternative Investment Funds Manager Act (Alternative Investment Funds Manager-Gesetz, AIFMG, Federal Law Gazette No. 135/2013) in connection with the Real Estate Investment Fund Act (Immobilien-Investmentfondsgesetz/ImmoInvFG) Federal Law Gazette BGBI No.80/2003 in the currently amended version.

The fund prospectus and the key investor information document/KIID can be viewed in their latest versions at the web site www.ersteimmobilien.at or obtained in their latest versions free of charge from the domicile of the ERSTE Immobilien KAG (management company) and the domicile of the Erste Group Bank AG (custodian bank). The exact date of the most recent publication of the fund prospectus, the languages in which the document is available, and any additional locations where the documents can be obtained can be viewed on the web site www.ersteimmobilien.at.

This document serves as additional information for our investors and is based on the knowledge of the staff responsible for preparing it at the time of preparation. Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation and risk appetite. Past performance is not a reliable indicator of the future performance of a fund. Please note that investments entail risks in addition to the opportunities presented there. Errors and misprints excepted.

ERSTE Immobilien Kapitalanlagegesellschaft, Am Belvedere 1, 1100 Vienna