Climate Change Data

Environmental Metrics

ESG Focus Areas

• Responsibility in Banking
• Responsibility as an Employer
• Responsibility in Society
• Responsibility for the Environment
• Dialogue and Transparency

Environmental Achievements

• Reduced paper consumption by around 500 metric tons compared to 2008
• Increased proportion of FSC paper used in Switzerland to three-quarters of total consumption
• Achieved greenhouse gas neutrality for operations in Switzerland since 2006

Social Achievements

• Created an additional 150 apprenticeships in Switzerland
• Invested in training programs to help young people acquire professional skills
• 13,658 Credit Suisse employees volunteered 115,789 hours to help worthwhile causes
• Provided funding for 12 PlayPumps in Malawi through the Symphasis Foundation
• Donated approximately CHF 6 million to 163 charitable projects through client foundations

Governance Achievements

• Exceeded capital requirements defined by FINMA in October 2008
• Aligned compensation model to G-20 best practice guidelines
• Implemented changes in variable pay structures
• Improved control processes and systems
• Increased transparency in reporting

Climate Goals & Targets

Environmental Challenges

• Financial market crisis and global economic downturn
• Questions about the stability of the financial system
• Intense scrutiny of compensation practices
• Youth unemployment
• Determining how to include climate change in risk assessments

Mitigation Strategies

• Reduced risk and strengthened capital position
• Engaged in open dialogue with political representatives and regulators
• Adopted a responsible approach to compensation
• Cultivated a corporate culture that encourages responsible behavior
• Created additional apprenticeships and invested in training programs
• Implemented the Reputational Risk Review Process

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Focus on quality and sustainability criteria
• Consideration of UN Global Compact principles

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI, UN Global Compact

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 8 (Decent Work and Economic Growth)
• Goal 10 (Reduced Inequalities)
• Goal 13 (Climate Action)

Initiatives contribute to these goals through various programs related to education, microfinance, humanitarian aid, and climate protection.

Sustainable Products & Innovation

• Minergie standard mortgage for residential properties
• Credit Suisse Real Estate Fund Green Property

Awards & Recognition

• Singapore Compact CSR Recognition Award
• Green Mark Platinum Award (Singapore data center)
• Wanderpreis trophy (Energy Model Zurich)

Environmental Metrics

ESG Focus Areas

• Climate change
• Biodiversity loss
• Corporate governance
• Responsible consumption and production
• Business conduct
• Social issues (Human rights)

Environmental Achievements

• Expanded proxy voting to include China and Taiwan, significantly increasing small- and mid-cap coverage.
• Increased engagement on climate change, biodiversity, and responsible consumption and production.
• Joined collaborative initiatives like Climate Action 100+, UN PRI Advance, and FAIRR.
• Supported 71.1% of environmental shareholder proposals.

Social Achievements

• Joined UN PRI Advance stewardship initiative to address human rights and social issues.
• Supported 84.5% of social shareholder proposals.
• Integrated engagement step into business conduct violation review process.

Climate Goals & Targets

Environmental Challenges

• Difficulty exercising proxy voting rights electronically in some countries (Luxembourg and Germany).
• Lack of transparency and data on food loss and waste in the supply chain.
• Slow industry response to phasing out hazardous chemicals.
• Uncertainty and lack of clear standards for measuring biodiversity impacts and dependencies.
• Misalignment between companies and industry associations on biodiversity policy.
• AMR risk in animal pharmaceutical companies due to lack of disclosure.
• Insufficient progress on cutting fossil fuel emissions globally.

Mitigation Strategies

• Continued dialogue with companies to improve proxy voting processes.
• Engagement with companies across the food value chain to improve data collection and transparency on food loss and waste.
• Joined collaborative engagement initiatives to address hazardous chemicals and AMR.
• Pilot phase with companies to understand and address biodiversity issues.
• Initiated dialogues with industry associations on biodiversity.
• Collaborative engagement with FAIRR on AMR and hazardous chemicals.
• Climate Action Plan to support net-zero transition.

Supply Chain Management

Responsible Procurement

• Engagement with suppliers to reduce food loss and waste.
• Engagement with suppliers to reduce biodiversity impacts (e.g., aquafeed).

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Flooding
• Supply chain disruptions

Transition Risks

• Regulatory changes
• Market shifts
• Stranded assets

Opportunities

• Investment in decarbonization leaders
• Development of energy-efficient products and services

Reporting Standards

Frameworks Used: UN PRI, TCFD (implicitly), Science Based Targets initiative (implicitly)

UN Sustainable Development Goals

• SDG 12 (Responsible Consumption and Production)
• SDG 13 (Climate Action)
• SDG 15 (Life on Land)

Initiatives contribute to these goals through emissions reductions, biodiversity conservation, and sustainable resource management.

Environmental Metrics

ESG Focus Areas

• Climate Change
• Biodiversity
• Water Usage
• Waste Management
• Health and Safety Standards
• Product Safety
• Access to Healthcare
• Education
• Employment
• Company Ownership
• Board Independence and Control
• Remuneration
• Tax Transparency
• Business Ethics

Environmental Achievements

• Joined the Net Zero Asset Managers initiative and signed up to the Institutional Investors Group on Climate Change (IIGCC), underscoring its commitment to net zero.

Social Achievements

• Not disclosed

Governance Achievements

• Strengthened its Sustainable Investing team and increased proxy voting coverage by defining specific regional proxy voting policies.

Climate Goals & Targets

Environmental Challenges

• Limitations on ESG data for certain asset classes, regions, or sectors.
• Limited availability of independent and reliable ESG data.

Mitigation Strategies

• Use of additional analyses, such as information obtained from specialized data providers and proprietary sources, to achieve meaningful coverage on ESG data. Maximum 20% of direct fixed income and listed equity investments of an investment fund may be allocated to investments for which no ESG-related information is available.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SFDR, EU Taxonomy

Certifications: LEED, BREEAM, NABERS, greenproperty, DGNB (resp. SGNI), SNBS, Minergie, GRESB, LuxFLAG ESG, LuxFLAG Environment

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Resource Depletion
• Waste Management
• Sustainable Infrastructure

Environmental Achievements

• Avoided 7,858.4 tonnes of CO2e emissions for a USD 10 million investment.
• Generated 575,891 kWh of renewable electricity for a USD 10 million investment.
• Saved 80,275,612 liters of water (equivalent to 32 Olympic-size swimming pools) for a USD 10 million investment.
• Avoided 327 tonnes of waste (equivalent to 25 full garbage trucks) for a USD 10 million investment.
• Planted 4,354 trees (capturing 91,423 kg of CO2) for a USD 10 million investment.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Data gaps in impact data from some portfolio companies.
• Insufficient detail in sustainability reports from some companies (e.g., recyclability of materials).

Mitigation Strategies

• Engaged with portfolio companies to fill data gaps and improve disclosure of impact metrics and KPIs.
• Initiated dialogues with companies to obtain more granular information on sustainability improvements.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Political developments concerning environmental regulations
• Changes in investor sentiment towards specific sectors

Opportunities

• Growth in sustainable technologies and services

Reporting Standards

Frameworks Used: MSCI SDG Alignment Methodology

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 6 (Clean Water and Sanitation)
• SDG 7 (Affordable and Clean Energy)
• SDG 9 (Industry, Innovation, and Infrastructure)
• SDG 11 (Sustainable Cities and Communities)
• SDG 12 (Responsible Consumption and Production)
• SDG 13 (Climate Action)

Investments in companies whose products and services contribute to achieving these SDGs.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed