Credit Suisse expands sustainability offerings 07 March 2023Switzerland Reporter: Lucy Carter
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Credit Suisse has partnered with act Cleantech Agentur Schweiz to expand its sustainability-related advisory services to corporate clients.
The partnership aims to improve the energy efficiency and decarbonisation efforts of Swiss small and medium enterprises’ (SME’s) business models.
Through a dedicated sustainability team in the Swiss corporate clients business, along with specialised internal and external partners, Credit Suisse will offer customised advice to SMEs on areas such as external sustainability ratings agencies and energy tax reimbursement.
Credit Suisse’s sustainable finance solutions focus on structured financing instruments linked to sustainability targets, helping companies to meet regulatory requirements and work towards net zero emissions.
Lorenz Schaller, head of the corporate banking sustainability team at Credit Suisse Switzerland, says: "The partnership enables us to offer our clients even more comprehensive sustainability services from a single source. 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."
Andreas Gerber, head of corporate clients Switzerland and member of the Credit Suisse executive board, comments: "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."
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