Raiffeisen Capital Management again receives AAA rating from Scope

"We are of course delighted with this new top rating from Scope, which once again pays tribute to our high credibility and our leading role in sustainable fund investments. Especially because this independent rating is about the expertise of the fund management and the investment process, the core of our sustainability competence," Hannes Cizek, CEO of Raiffeisen Capital Management, is pleased about the AAA from the German rating agency.

For Scope, Raiffeisen Capital Management is characterised by the high level of motivation of the people involved in jointly managing the sustainable fund strategies in the best possible way and continuously incorporating new findings and improvements into the processes. Scope writes in its report: "The multi-dimensional investment process, which has been expanded this year, ensures that all tangible aspects of sustainability are taken into account in the allocation decision without ignoring financial aspects. The fully comprehensive, integrative, quantitative and qualitative investment process is reflected in the allocation of the target portfolios and, in Scope's view, creates the conditions for reducing investment risk and ensuring responsible management of the entrusted assets."

For Managing Director Dieter Aigner, responsible for fund management and Chief Sustainable Investment Officer, the rating is a conclusive recognition of the intensive and innovative further development of Raiffeisen Capital Management's sustainable investment strategy. "Sustainable investing 2.0 means accompanying transformation and, above all, investing responsibly. Our sustainability process is nothing static, but is subject to continuous fine-tuning. We have established cross-departmental working groups in fund management that deal intensively with important future topics. The insights gained in these teams also flow into our investment process," says Aigner, who is also mentioned by name in the Scope report as an important player for stability on the one hand and further development of the sustainability processes on the other.

This further development of the investment process is also highlighted in the report: "The sustainability approach (...) was expanded in 2023 and, in addition to the ESG corporate value that was already relevant in the past, now also provides for the consideration of the discretionary ESG assessment on the so-called future topics and the likewise discretionary engagement assessment for each potential portfolio company. In addition to the classic, detailed fundamental analysis, the ESG corporate indicator consisting of three elements (ESG sector assessment: future topics & policies, ESG company value and engagement rating) is taken into account in every investment decision."

The future topics of energy, raw materials, infrastructure, circular economy, mobility, technology as well as health, nutrition and well-being are also represented on the website www.investment-zukunft.at. The site was recently relaunched. It offers those investors who want to delve a little deeper into the matter of responsible investment a good insight into how Raiffeisen Capital Management thinks, acts and invests in terms of sustainability. Dieter Aigner says: "Global contexts can change very quickly, we have to keep our finger on the pulse of developments in order to be able to act adequately and responsibly. As in many other areas, knowledge provides security. That is why this knowledge building is so important to us

Raiffeisen Capital Management currently has almost EUR 41 billion in assets under management as of the end of August 2023. Around 53% of these are managed on a sustainable basis.

The Scope Group, headquartered in Berlin, is a provider of independent ratings, research and risk analysis across all asset classes. It was founded as a European alternative to the US agencies Moody's, Standard & Poor's and Fitch.

For the detailed rating report, please contact: info@rcm.at

This text is intended for media representatives. Despite careful research, the information contained therein is for non-binding information purposes only, is based on the knowledge of the persons entrusted with its preparation at the time of its preparation and may be changed by Raiffeisen Kapitalanlage GmbH at any time without further notice. Past performance is not a reliable indicator of a fund's future performance. The contents of this document do not constitute an offer, a recommendation to buy or sell, or an investment analysis.

For further information please contact:

Andrea Pelinka-Kinz (+43 1 717 07 - 8787) or
Pia Oberhauser (+43 1 717 07 - 2426)

www.rbinternational.com or www.rcm.at