Kommunalkredit Austria AG: Best ESG Infrastructure Finance Europe 2020

Specialist bank Kommunalkredit Austria AG connects infrastructure with investment via funds focused on energy, environment, communications, digitalisation, transport, and natural resources. Sustainability principles are applied throughout the company’s daily operations and stakeholder collaborations. Kommunalkredit’s commitment to ESG performance is a cornerstone of its corporate culture. The goal is to facilitate the development of projects that bring community benefits, improve quality of life — and generate healthy returns. Kommunalkredit has remained steadfast during these challenging times, and its commitment to sustainable development has proven profitable, bringing consistent growth. Year-on-year EBIT increased by 25 percent, while the cost-income ratio dropped to 59.8 percent. Contrary to market trends during the pandemic, Kommunalkredit achieved a rating upgrade from DBRS Morningstar, with a stable outlook and a boost in its long- and short-term ratings. Kommunalkredit takes an “originate and collaborate” approach to infrastructure fund management, drawing on a well-established network of associated syndicates and institutional investors. It makes investments in parallel with the fund to present itself as a strong partner with aligned interests. Kommunalkredit’s most recent investment deals have benefited communities and contribute towards the UN’s Social Development Goals by creating jobs, advancing the transition to clean energy and improving rural communications. Kommunalkredit became the first Austrian financial institution to be admitted to the European Clean Hydrogen Alliance, which was established by the EU Commission earlier this year. This accomplishment underlines the bank’s focus on sustainable infrastructure projects that support key challenges such as economic growth, strengthening regions, job creation and, above all, climate protection measures. The CFI.co judging panel presents Kommunalkredit Austria AG, a repeat programme winner, with the 2020 award for Best ESG Infrastructure Finance (Europe).

marten

Recent Posts

Nordea Asset Management: Best ESG Team Europe 2024

Nordea Asset Management (NAM) has championed responsible investment for over three decades, beginning in 1988…

2 days ago

SegurCaixa Adeslas: Best Insurer Spain 2024

SegurCaixa Adeslas, a pre-eminent Spanish health insurance company, has demonstrated a formidable and truly impressive…

1 month ago

Banco BPI: Excellence in Sustainable Banking Initiative Portugal 2024

Banco BPI's dedication to sustainability is a beacon of proactive environmental and social responsibility. Beyond…

1 month ago

BSE Ltd: Champions of Capital Market Innovation and Efficiency Asia 2024

BSE Ltd, formerly known as the Bombay Stock Exchange, is a crucial player in India’s…

1 month ago

TMT Investments Plc: Visionary Leaders in Global Tech Venture Capital Europe 2024

TMT Investments Plc, publicly quoted on the AIM market of the London Stock Exchange since…

1 month ago

BNP Paribas Fortis: Outstanding Contribution to SME Financing Benelux 2024

BNP Paribas Fortis is a key player in the Belgian banking sector with a rich…

2 months ago