Approach & Reporting Materiality Assessment
The materiality assessment forms part of our dialogue with stakeholders. By communicating with our stakeholders about key topics, we gain a better understanding of their different views and perspectives. This, in turn, enables us to actively address important issues and challenges and to report on them transparently.
We identified 10 material issues in our materiality assessment:
Credit Suisse periodically conducts a materiality assessment to help ensure that the list of material issues identified in the past remains relevant and that important new topics are addressed. Having performed a materiality assessment by conducting stakeholder consultations in previous years, we reviewed this list in 2016 in a three-step process that included the identification, prioritization and review of material issues. Based on the results of this analysis, we updated and adjusted our materiality assessment for 2016: new issues were identified and included, while the importance assigned to some of the issues identified previously has changed.
When performing this assessment, we relied on information from monitoring tools and on the views of internal experts who participate in an ongoing dialogue with relevant stakeholder groups. This allowed us to take into account the views of investors, clients, employees, sustainability rating agencies, non-governmental organizations (NGOs), political decision-makers and the media.
The materiality assessment is not an exhaustive list of the topics raised during the process. Instead, it focuses on those issues that we believe are of greatest importance to a majority of our stakeholder groups and to the long-term business success of Credit Suisse.
The findings of the materiality assessment form the basis for the inclusion of individual aspects of corporate responsibility in our reporting and their adjustment over time. We plan to continue our efforts to identify relevant issues in the future in order to proactively determine new challenges and their significance for our stakeholders and our business.