BKS Bank is once again fighting for Prime Status in the sustainability ranking!

BKS Bank is once again fighting for Prime Status in the sustainability ranking!

BKS Bank, Österreich - BKS Bank has again achieved impressive results in the area of sustainability and was awarded the "Prime Status" and the rating grade C+ by ISS ESG. This confirms its position as one of the most sustainable banks worldwide, such as [Oekonews] (https://www2.oekonews.at/ sustainability engagement-der-bks-erneut--prime-Status-and-c-rating-best-tied+2400+1226978). The CEO Mag. Nikolaus Juhász expresses his joy about the award and emphasizes the bank's longstanding commitment to responsible business.

The evaluation of ISS ESG recognizes the comprehensive examination of BKS Bank with ecological and social criteria, which are anchored in both the corporate strategy and in the core business. With regard to sustainability performance, the bank was particularly emphasized for its sustainable product range, its commitment to the UN sustainability goals (SDGS) as well as its active role in climate protection and responsible lending. Juhász emphasizes that the rating serves as an incentive to further intensify the efforts in these areas.

long -term sustainability strategy

BKS Bank has been evaluated by ISS ESG every two years since 2010, known as Oekom Research AG, in terms of sustainability. In the latest rating, the bank was able to achieve an improvement from C to C+ on the rating scale from A+ to D. In the "Financials/Public and Regional Banks" category, the best rating B-, which underlines the excellent positioning of BKS Bank compared to other financial institutions. These positive results reflect the successful integration of over 100 social, ethical and ecological factors in the daily practice of the bank, as [bks.at] (https://www.bks.at/nachhaltigkeit/ sustainability rings) analyzes.

In addition, BKS Bank recently published its first integrated annual report according to the corporate Sustainability Reporting Directive (CSRD), which represents a further step towards transparency and responsibility. The bank has been listed in the Vienna Börse sustainability index since 2016, which also presents itself in a sustainable and responsible light.

meaning of sustainability for companies

The role of sustainability is not only becoming increasingly important for large companies, but increasingly also for small and medium -sized companies (SMEs). In accordance with the EU requirements, banks are encouraged to consider ecological and social aspects as well as good corporate management when lending. In Germany, bank loans play a larger role for SMEs than in other countries, which is why it is crucial for these companies to actively pay attention to their creditworthiness and sustainability. The Green Finance market offers aspiring opportunities for medium-sized companies to position itself via ESG ratings, as on [Hypovereinsbank] (https://www.hypoverinsbank.de/hvb/nachhaltigung-von-nachthaltigkeit/ sustainability rating) is discussed.