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Statement on Sustainability

Credit Suisse is committed to sustainability, and has anchored this commitment in its Statement on Sustainability.

Our Code of Conduct also obligates us to take account of environmental and social issues in our business decisions and in the management of both our resources and infrastructure. The aim of these principles is to ensure that we do not profit at the expense of future generations.

Elements of the Statement on Sustainability

  • We conduct our business with a view towards long-term environmental and social sustainability.
  • We consider potential environmental and social impacts when making business decisions and when managing our resources and infrastructure.
  • We strive to continuously improve our sustainability performance.
  • We cultivate an open dialogue with our clients, shareholders and other stakeholders by regularly reporting on our sustainability.

All these measures create sustainable value for our stakeholder groups. We consider this to be one of the keys to our long-term business success.

A microentrepreneur from Latin America

Microfinance, i.e., the granting of microloans to entrepreneurs in developing countries, is one of the focal points of our sustainability efforts. Pictured: A microentrepreneur from Latin America.

Implementing sustainability

All employees of Credit Suisse bear responsibility for considering environmental and social issues in their decisions. The following persons and groups are entrusted with the implementation and monitoring of our sustainability commitments:

  • Our CEO is the highest decision-making authority on sustainability matters.
  • The Reputational Risk Sustainability Committee, which includes several members of the Executive Board from the various divisions and regions, monitors the implementation of the bank's own sustainability commitments. The Committee also determines whether the bank's sustainability targets have been achieved each year. The Reputational Risk Sustainability Committee also has ultimate responsibility for the Reputational Risk Review Process, which is an internal process under which business transactions are reviewed and evaluated in terms of their potential impact on the environment and human rights, among other things.
  • The Sustainability Affairs group, which is part of the Public Policy function, is responsible for the coordination of activities in the area of sustainability, amongst other things. It is also responsible for monitoring our environmental management programs.
  • The Environmental Management unit belongs to the Corporate Real Estate and Services department and is responsible for environmental activities in day-to-day operations. For example, it monitors the implementation of the ISO 14001 standard and provides specialist advice to employees on the conservation of natural resources at the workplace.

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