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Sustainability and responsibility at OVBFor a sustainable future

At OVB, sustainability is considered an important part of our mission. OVB aims to be a partner for sustainable financial matters and is also committed to social issues. Sustainable business practices and the conservation of resources are a key focus for OVB.

As one of Europe's leading financial services groups, OVB provides its clients with socially relevant, forward-looking services. This, together with its own standards, gives rise to a sense of responsibility: entrepreneurial activity cannot be viewed in isolation from environmental, social, and corporate governance (ESG) issues. OVB is firmly committed to doing its part to contribute to a sustainable world of tomorrow.

What does sustainability mean at OVB?

Sustainability is a complex and essential issue for the financial and insurance industry. All three pillars of sustainability – environment, social and governance (ESG) – play a major role in OVB's range of activities, and OVB is working to bring its core business more closely into line with them.
As part of its new business strategy, “OVB Excellence 2027,” OVB has defined topics to advance OVB in all dimensions of sustainability. In addition, OVB is working on a related sustainability strategy. OVB will present the key areas of action in a timely manner, define goals, and communicate them here and in its non-financial reporting.

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“OVB wants to make its contribution to a greener future by brokering more sustainable product solutions and ensuring that its business helps conserve resources.”

Mario Freis, CEO of OVB Holding AG

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OVB's sustainability structure

The core of OVB’s sustainability structure is the Sustainability Committee. It consists of the responsible Executive Board member, the sustainability officers, and representatives from relevant business units and national companies.

The Sustainability Committee strategically manages all of OVB’s sustainability activities while monitoring the social, political, regulatory, and economic environment. Furthermore, it promotes the exchange of expertise within the company, coordinates group-wide sustainability projects, and continuously documents progress for the public.

How OVB implements sustainability

The economy as a whole faces the challenge of mastering the transition to a carbon-neutral future. Social aspects and governance issues are increasingly gaining importance and are central components of a comprehensive understanding of sustainability.

OVB is increasingly aligning its core business with these aspects and has defined sustainability as an integral part of its overarching corporate strategy, “OVB Excellence 2027”. OVB is committed to the United Nations Sustainable Development Goals (SDGs).

OVB reports annually on its sustainability activities in a separate non-financial group report.

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Wide-ranging engagement at OVB

OVB supports people in need through cross-border social commitment, driven by the passion and tireless dedication of its financial advisors and employees.

Through charitable organizations within various OVB national companies, regional initiatives, and numerous international projects, OVB provides help where it is needed most. People are at the heart of OVB – which is why the company takes collective responsibility for one another.

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“OVB Excellence 2027”

With the corporate strategy 'OVB Excellence 2027', OVB is demonstrating its future viability. It focuses on the key areas of “Sales and Career Excellence”, “Expansion and Innovation”, “Operational Excellence” and “People and Organisation”.

Furthermore, OVB is committed to its corporate responsibility, advocating for the sustainable development of the economy, society, and the environment as an integral part of its corporate culture.

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