ESG Asset Screenings – Corporate Provision Companies

Since 2025, the Austrian Financial Market Authority (FMA) has conducted various analyses of the transitional risks in investment, in order to identify those assets in the portfolios that would be exposed to potentially higher fluctuations in price during a transition to a more carbon-neutral economy. Assets are allocated to one of six sectors defined as “climate-relevant” based on their underlying NACE codes.

Furthermore, individual asset categories have been valued and analysed under different transition scenarios regarding the decarbonisation of the economy, about the extent to which companies in which corporate provision companies invest need to reduce their carbon-emissions to achieve a pathway that conforms with the Paris Climate Agreement’s objectives.

Since 2023, the FMA has been conducting analyses of insurance companies’ portfolios’ exposure to ecosystem services and sensitive key sectors. In this process, individual assets are assigned a qualitative biodiversity score between 0 (very high risk) and 100 (very low risk) based on their underlying NACE codes, from which an aggregated total score for the entire portfolio is determined. The biodiversity scores are composed of 25 individual ecosystem services, from which exposure to biodiversity risks is derived.

For further details see (downloads in German only): FMA-Informationsveranstaltungen.