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The Austrian Ecolabel is offered and awarded by Austria’s Federal Ministry for Climate Protection, Environment, Energy, Mobility, Innovation and Technology (BMK). The label is awarded for various topics mostly in the DACH region (Germany, Austria and Switzerland).
In the area of finance, the label can be awarded for sustainable funds, bonds, savings and checking accounts. The award of the label is based on various exclusion criteria as well as proof of positive social and sustainable performance.
The Ecolabel Austria distinguishes between general exclusion criteria and additional selection criteria for investment funds, which are evaluated in the certification with a point system.
The label is awarded by the Federal Ministry for Climate Protection, Environment, Energy, Mobility, Innovation and Technology (BMK). This is a state institution. An eco-label guideline is issued by the “Environmental Label Advisory Board” and by a technical committee consisting of representatives, the administration, the social partners, NGOs and experts.
It is possible to select an assessor for the award of the eco-label after the application has been submitted, who will then assess the award and carry out the certification.
In the area of financial products, over 200 financial products received the label in 2022. These are not only located in Austria, but in various European countries. Click on the button to go to the website of the Ecolabel Austria and discover the financial products awarded with the label.
Source: Bundesministerium für Klimaschutz, Umwelt, Energie, Mobilität, Innovation und Technologie (BMK)