Austria

Even though the beginnings of SRI in Austria were slow and comparatively late, the public awareness of the issue is growing. And in spite of the fact that disclosure regulations for pension funds have been released only recently four out of nine occupational pension funds - established in 2002 – have been investing responsibly on a voluntary basis for years. Moreover these four pension funds applied for a sustainability-rating by the NGO ÖGUT and received a certificate.

Some facts about the Austrian market:

  • SRI Retail Market Size: 5,3 billion Euros
  • SRI Institutional Market Size: estimated 300 million Euros
  • Assets managed by SRI retail-funds of Austrian origin: 1,2 billion Euros
  • Average size of Austrian SRI retail-funds: 64,62 million Euro
  • Influential actors: churches as institutional investors, NGOs
  • Leading Strategies: positive and negative screening
  • Number of funds: 61 total – 19 funds of Austrian origin
  • Legal Milestones: 2005 disclosure regulation for pension funds
  • SIF (yes/no): Yes, Sustainable Investment Forum FNG since 2001

For more information on SRI in German speaking countries please visit: www.forum-ng.de