Responsibility in the Economy & Society Our commitments in Asia Pacific
In Asia Pacific, we believe that education and financial inclusion are game changers in all efforts to eradicate poverty. A key focus of our philanthropic grant giving is to support education, employability, entrepreneurship and financial inclusion programs for vulnerable populations.
Corporate Citizenship APAC drives Credit Suisse's social commitment with a strong focus on education, employability, entrepreneurship and financial inclusion for disadvantaged populations, as well as driving staff engagement in our 12 regional centers across a broad range of focus areas. In addition to our core banking activities, we are committed to being a reliable partner to charities and social organizations in our region, adopting a partnership model which aims to develop capacity through complementing financial support with pro bono engagements, employee volunteering and other in-kind donations.
Education, Employability and Entrepreneurship
Our social commitment supports organizations that help disadvantaged populations build the entrepreneurial, technical skills and other resources they need in order to thrive in the economy and society. In addition support programs providing access to quality education for disadvantaged children and youth.
Financial Inclusion Initiative
The Financial Inclusion Initiative's projects in the region include Opportunity International's Education Finance initiative in India and the Philippines, financial inclusion focused venture capital investments by Accion's Venture Lab across the region as well as a housing improvement loan initiative in partnership with Habitat for Humanity . In addition to financial support, Credit Suisse provides employee expertise and know-how through its internal Financial Inclusion Advocates Network, the Credit Suisse Virtual Volunteers and the Global Citizens Program.
Employees are encouraged to support our local communities by donating their time and skills to initiatives and projects run by our partner organizations. Active charity committees across countries help to promote and coordinate these efforts at a local level.
Asia Pacific Philanthropy Committee
The Asia Pacific Philanthropy Committee was established in 1998 to oversee the distribution of philanthropic grants in the Asia Pacific region. The Committee meets twice a year to review grant submissions and focuses its giving on providing education, employability, entrepreneurship and financial inclusion opportunities to children and youth from disadvantaged backgrounds.
Corporate Citizenship APAC works closely with local partner organizations to deliver volunteering opportunities to employees. In addition to supporting our strategic initiatives, these partners serve their communities through a wide range of activities, including healthcare, home building/renovation, food collection/distribution, disaster relief, assistance to people with special needs (e.g., elderly, persons living with disabilities, victims of human trafficking and domestic violence), environmental/wildlife preservation, etc.