Articles and stories

After the school term ends this year, educational institutions will be hard at work. Schools and universities will need to understand how to respond to the new normal of social distancing and the fundamental shifts that lockdowns have brought about in the labor market.

The resilience we highlighted last month has been on full display over the last few weeks. Despite a very recent pullback in US equities, markets have broadly rallied as many investors left the sidelines amid worries that they might miss out. As a result, many equity indices have managed to recoup a significant part, and in some cases all, of their year-to-date losses.

Climate change is happening, the science is clear and the world is reacting. The 2016 Paris Climate Agreement was a commitment signed by 196 nations to cut global emissions by 45% in the next 11 years to stop the planet warming to irreversible levels.

The recent confluence of health, economic and social crises around the world has led to an outpouring of anger and anxiety about the levels of inequalities in many societies today.

As the world celebrates World Ocean Day, Marisa Drew, CEO Impact Advisory and Finance at Credit Suisse speaks to Karen Sack and José Maria Figueres, two prominent ocean conservation activists and Ocean Unite founders on why there is no life on Earth without a healthy ocean and how market-based instruments can help.

Tourism, shipping, energy generation, and food production are just a few of the industries that rely on the oceans. Climate change and the unsustainable use of marine resources are deteriorating the health of the oceans, putting ocean-related businesses at risk as well as those whose livelihoods depend on them.

As we emerge from the global coronavirus pandemic much will have changed. The question remains which business models will prove themselves in the future. Sustainability topics have been in vogue for some time now, and they are likely to become even more important in the coming years. The crisis has made it clear how important a holistic view is: business, society and nature belong together, they cannot be viewed individually.

Despite the pandemic downturn, funds that observe environmental, social, and governance (ESG) factors have largely outperformed their benchmarks. Meanwhile, the EU and the IMF are calling for a post-pandemic "green recovery."

The coronavirus pandemic and its economic toll remain squarely in investors' focus. However, encouraged by strong fiscal and monetary support and the prospect of a gradual easing of lockdowns in many countries, equities have largely held on to the double-digit gains they made since end-March.

Credit Suisse has had close links to Switzerland ever since it was founded. The strength of this relationship has been particularly evident in recent months, as demonstrated by the SME support package and the COVID-19 fundraising campaign for Switzerland. As well as ensuring the continuation of banking operations during the pandemic, Credit Suisse plays an active role within the economy and society at various levels. This is reflected in the latest edition of our brochure "Switzerland and Credit Suisse", which is available online from today and can also be found in our branches.