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ALIA

AUSTRIA'S FIRST PLANNED

IMPACT BANK

Impact means effect, i.e. impact banking is the active influence of a bank on the success of a sustainable economic system.

Although numerous political initiatives attempt to prescribe impact-oriented business models (Green Deal, Taxonomy Regulation, CSRD, etc.), these are still quite in their infancy in the financial sector.

ALIA aims to become the first bank in Austria to consistently align its business model with the positive impact of its actions on society and the environment, to measure impact and to make impact transparent.

ALIA IMPACT

  • combines long-term social and ecological success with long-term economic success.
  • goes further than Environmental Social Governance (ESG), Corporate Social Responsibility (CSR) or simply "Green Banking".
  • requires the orientation of all banking operations to the UN Sustainable Development Goals (SDGs).
  • measures impact through a scientifically developed measurement system.

THE ALIA IMPACT ASSESSMENT

The big difference besides the usual risk assessment is the identification and assessment of a net impact of the financing project - not of the company:

ALIA Impact Assessment

IMPACT TO THE POWER OF FOUR

  1. Assessment of investment capital according to impact criteria: Exclusion of funds from problematic industries.
  2. Assessment of deposits according to impact criteria: Exclusion of funds from problematic origins, verification of depositors' financial resources.
  1. Alignment of internal processes and selection of cooperation partners according to impact criteria: Certification of partners, digital internal processes.
  2. Assessment of the use of funds according to ALIA- Impact assessment: No credit without positive impact.

IMPACT BOARD

The ALIA Impact Board is a committee of the Board of Supervisors, expanded to include subject matter experts, with the following core responsibilities:

  1. Advising management on all aspects of the impact strategy
  2. Steering impact management
  3. Assessment of borderline cases in internal and external projects
  4. Evaluation of processes and business partners
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