Hypo: Business with sustainability is growing

Hypo: Business with sustainability is growing

At the end of 2020, every tenth euro was still invested in sustainable funds, by the end of 2022 it was every fourth (125 million of 503 million euros). The volume of sustainable forms of savings, accounts and bonds increased more than tenfold in the previous year to EUR 91.2 million. The loan that is granted for particularly energy-efficient projects now accounts for 25 percent of new housing loans. “The customer thus has a hand in shaping the economy,” says Hypo’s CEO Klaus Kumpfmuller. Together with IMAS researcher Paul Eiselsberg and Hypo investment manager Hans-Jörg Preining, he presented the third sustainability monitor. Despite high inflation, 84 percent of those surveyed said that sustainability plays a major role in purchasing decisions. For 64 percent, banks are an important part of a sustainable economy. (az)

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