Credit Suisse expands sustainability offering for corporate clients

Credit Suisse expands sustainability offering for corporate clients

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Credit Suisse is expanding its existing sustainability-related advisory offering for corporate clients, thereby helping companies transition to a more sustainable business model. This is also the context in which its new partnership with act Cleantech Agentur Schweiz should be understood.

Thanks to its collaboration with act Cleantech Agentur Schweiz (act), Credit Suisse is able to offer its corporate clients even more comprehensive sustainability-related services. As a strategic partner of Credit Suisse, act helps Swiss SMEs to improve their energy efficiency and decarbonize their business models.

With act's assistance, companies can elaborate their own bespoke decarbonization strategy with specific measures. In addition, act offers support in connection with the setting of targets together with the federal government and cantons, as well as with the reimbursement of energy taxes. In addition to saving on energy costs, this also helps companies take another step toward meeting the requirements of an economy with net zero emissions.

Lorenz Schaller, Head of the CorporateBanking Sustainability teamat Credit SuisseSwitzerland: "The partnership with act Cleantech Agentur Schweiz enables us to offer our clients even more comprehensive sustainability services from a single source. It means that we can now help companies to meet current and future social challenges in an area that goes well beyond traditional banking services, while at the same time contributing to a less emission-intensive and more resource-saving economy."

Customized sustainability advice

In the Swiss Corporate Clients business, a dedicated Sustainability team has been set up to provide extensive knowledge of external sustainability rating agencies and support front-office employees, among other things. Client advice is provided through the involvement of specialized internal and external partners, in all cases tailored to the respective needs of companies, who are provided with support in the development of sustainability targets and their integration into corporate strategy.

Andreas Gerber, Head of Corporate Clients Switzerland and member of the Executive Board of Credit Suisse (Switzerland) Ltd.: "Sustainability is a strategic priority in Credit Suisse's Corporate Clients business. We are now expanding our offering in this area with a Sustainability team that bundles all our existing expertise and drives forward the development of this area. We are therefore even better placed to support companies in their transition to a more sustainable business model."

Sustainable financing solutions: green finance and sustainability-linked finance

The bank has a broad sustainability-related financing offering, where the emphasis is on structuring financing instruments that are linked to sustainability targets. Credit Suisse offers sustainable financing solutions in the context of sustainability-linked finance and green finance (see overview in box). Sustainability-linked financing supports environmentally and socially sustainable business activities as well as sustainable growth. Green financing is specifically ring-fenced, and primarily focuses on environmental issues such as combating climate change. Integrating specific environmental or social objectives into financing instruments reinforces a company's sustainability strategy.

More information on Credit Suisse's sustainability-related advisory and financing offering for companies and on sustainability for companies in general can be found here: credit-suisse.com/sustainability-for-companies

1. Green finance

   Credit Suisse offers sustainable financing solutions that are exclusively intended for projects with an environmental focus. These include projects to reduce greenhouse gas emissions or protect natural resources, for example.

   Green leasing

   Green leasing finances the modernization of vehicles with alternative drive systems (electric, hydrogen, hybrid). This enables companies to achieve their sustainability goals.

   Green loans

   Green loans are used to finance projects or facilities that make a significant contribution to an environmental goal - such as cutting CO₂ emissions or promoting biodiversity.

   Green bonds

   Similar to green loans, green bonds are linked to environmental objectives and the funds are used exclusively for environmentally-friendly projects.

1. Sustainability-linked finance

   Credit Suisse offers its corporate clients sustainability-linked financing solutions in which financing is tied to predefined sustainability objectives.

   Sustainability-linked loans

   Sustainability-linked loans make funding dependent upon achievement of sustainability objectives, which has a positive impact on the loan's margin.

   Sustainability-linked bonds

   Sustainability-linked bonds are fixed-income instruments whose coupon is linked to certain sustainability objectives.

1. Sustainability at Credit Suisse

   We are convinced that sustainability in our daily business is essential to long-term success. We are continuously expanding our business model and have set ourselves a net zero emissions target to cover our operating activities, supply chain, and financing activities. Our aim is to achieve this globally by 2050 at the latest, with interim targets to be achieved by 2030. We report on our progress in this area transparently in our Sustainability Report. As an international bank, we work on issues relating to sustainability not only nationally but also globally.

   You can find more information at credit-suisse.com/sustainability

1. act Cleantech Agentur Schweiz

   act Cleantech Agentur Schweiz supports the implementation of climate and energy legislation on behalf of the federal government. In addition, act advises and assists companies and other organizations in the implementation of cantonal and federal enforcement instruments.

   act has a nationwide network of experienced energy specialists and partners. Its administrative office cultivates ongoing communication with the federal government, maintains a specialized web tool, and ensures that agreements on targets are legally compliant.

   Further information can be found at act-schweiz.ch.

Credit Suisse

Credit Suisse is one of the world's leading financial services providers. The bank's strategy builds on its core strengths: its position as a leading wealth manager, its specialist investment banking and asset management capabilities and its strong presence in its home market of Switzerland. Credit Suisse seeks to follow a balanced approach to wealth management, aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets, while also serving key developed markets with an emphasis on Switzerland. The bank employs more than 50,000 people. The registered shares (CSGN) of Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

Disclaimer

This document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of Credit Suisse to any person to buy or sell any security. Any reference to past performance is not necessarily a guide to the future. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but Credit Suisse does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.

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