We take environmental impacts into account when conducting our business by developing sustainable products and services and addressing sustainability issues in our risk management. The implementation of various operational measures helps us to reduce our environmental footprint.
Credit Suisse believes that it is in the interests of both our organization and our clients for us to develop and support measures that contribute to a more environmentally sustainable economy.
Our commitments in this area are based on our Code of Conduct, which lists "Sustainability" as one of our six professional standards. Our "Statement on Sustainability" explains our aims relating to the balancing of economic, environmental and social issues when performing our activities as a bank. The UN Global Compact and the Sustainable Development Goals (SDGs) adopted by the UN in 2015 are other important points of reference in this area. Furthermore, Credit Suisse recognizes its share of responsibilities in combating climate change. With the Paris Agreement to strengthen the global response to the threat of climate change having entered into force in 2016, there is now a broad institutional framework for these efforts.
In our banking businesses, environmental aspects are considered when managing transaction-related risks. Applying our Reputational Risk Review Process, we assess whether projects or client activities could pose a major risk to the environment, the climate or biodiversity. To open up sources of capital for the development of future markets, Credit Suisse also offers clients a broad range of investment products and services with a focus on environmental and social themes. To reduce our own ecological footprint, we have an environmental management system in place, which is certified globally in accordance with ISO 14001. Since 2010, all our operations worldwide have been greenhouse gas neutral.