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"This is the RZB Group’s corporate responsibility report 2008. This report is aimed at all those interested in forming a view of the sustainability of our operations. In particular, it is addressed to the 63,000 employees of the RZB Group. It explains the values we are committed to, and how we fulfil our corporate responsibilities."
Walter Rothensteiner
Chairman of the RZB Managing Board
The Raiffeisen idea is both timeless and up to date. To us, corporate responsibility means acting responsibly in every area of operation. There is nothing new about that, though today’s social problems differ from those of the second half of the 19th century, when our organisation was established. Proud of our history and traditions, we equate corporate responsibility with doing business the Raiffeisen way - a contemporary commitment to the enduring ideas of Friedrich Wilhelm Raiffeisen, who recognised the need to help people to help themselves by forming cooperatives and put this idea into practice.
Corporate responsibility in the RZB Group
We are committed to economic and social sustainability, and a sensible balance between the free market, and social and environmental responsibility. We are explicitly committed to:
- Protecting the environment - especially against climate change
- Upholding human rights
- Fighting corruption and
- Contributing to the stable economic development of the regions where we operate
We have distilled our view of ourselves into five guiding principles. Separate chapters of this report are devoted to each of these principles:
- A future always needs a past
- We are here to stay
- Our clients’ success defines our own success
- The best become better with us
- A strong cultural mix
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