Financial Sustainability in Austrian Industrial Companies

Abstract

The Green Deal published by the European Commission in 2019 pursues the goal of a climate-neutral continent. Its guidelines cover sustainable finance, industry, and energy supply, among other areas. Choosing sustainable investment and finance promotes the shift to a more carbon neutral, circular and environmentally conscious economy and underpins financial stability. Companies that want to remain competitive must embrace sustainable business practices. This means considering sustainable investments and corporate financing along the value chain. In this article, we will show which sustainable forms of financing are available to companies - analysing Austrian industrial companies. Furthermore, it will be worked out when investments are to be judged as sustainable and what kind of sustainable investments are made by the companies surveyed.