This company profile is not publicly available
Banking and financial services
Switzerland's second largest financial services group (after UBS). Founded in 1856, today it operates in more than 50 countries.
|Credit Suisse Group AG||SWI||website|
|Credit Suisse Group AG|
In 2019, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of B.
[Source 2019][More on Climate Change]
The Equator Principles (EPs) are a set of guidelines, based upon the Performance Standards and guidelines from the IFC, the World Bank's private sector lending arm for private banks to assess and mitigate risks in project finance. Banks use the Principles to guide internal operating procedures for transaction for specific projects. Although the EPs are an important step to raise overall standards of financiers and projects in the developing world, they currently fall short on transparency and governance requirements.
[Source 2018][More on Governance]
This company received an S&P Global ESG Score of 68/100 in the Diversified Financial Services and Capital Markets category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
[Source 2019][More on Sustainability Reporting]
In 2015 the Fair Finance Guide ranked the top financiers of selected fossil fuels companies (loans & underwriting) and compared it to their financing of renewable energy. This bank appeared 12th in the list of top 25 fossil fuel funders, after providing US$38.4 billion for fossil fuels and only US$4.8 billion for renewable energy between 2009 and 2014.
[Source 2015][More on Climate Change]
The 2018 report "Banking on Climate Change" analyses 36 banks and their financing of tar sands oil, Arctic oil, ultra-deepwater oil, LNG, coal mining, and coal-fired power between 2015 and 2017. This bank invested over US$7.8 billion and received a D+ grade for its policies.
[Source 2018][More on Climate Change]
The 2018 update of the International Campaign to Abolish Nuclear Weapons' (ICAN) global report, "Don't Bank on the Bomb" showed that 329 financial institutions from around the world invested into 20 companies involved in the production, maintenance and modernization of nuclear weapons. Since 2014 this financial institution invested over US$783 million into 6 of the 20 nuclear weapons producers named in the report.
[Source 2018][More on Nuclear]
This company received a score of 34.6/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
[Source 2017][More on Sustainability Reporting]
This company is on OpenSecrets.org's list of "Heavy Hitters", a list of the 100 biggest givers in US federal-level politics since 1989. Companies on this list lobby and spend big, with large sums sent to candidates, parties and leadership PACs. This company comes in at number 65 on the list, with donations totalling $20,865,167 between 1989 and 2016.
[Source 2016][More on Politics]
Nuclear power is a controversial, dangerous, and expensive form of energy generation. In the years 2000-2009 this company provided more than 3 billion euros of nuclear funding.
[Source 2009][More on Nuclear]
This Nov 2011 report by a group of NGOs examines the financing of 31 major coal-mining companies and 40 producers of coal-fired electricity by 93 banks since 2005, the year the Kyoto Protocol came into force. This bank appears ninth on their list of 'Top Twenty Climate Killer Banks'. The NGOs are calling on the banks to shift their portfolios to renewables and energy efficiency and set and implement ambitious CO2 reduction goals for their financed emissions. [Listed under Information due to age of report]
[Source 2011][More on Climate Change]
This bank appeared at #22 in a list of banks backing expansion in the tar sands. They have loaned US$67 million to companies operating in the Canadian tar sands since 2007, according to Bloomberg. Extracting oil from tar sands produces between 3 and 5 times the greenhouse gas pollution of conventional oil production, pollutes water, destroys forests, and uses huge amounts of energy to process. [Listed under Information due to age of report]
[Source 2010][More on Habitats]
This company appears on the 2020 Bloomberg Gender-Equality Index, signifying a commitment to supporting gender equality through policy development, representation, and transparency.
[Source 2020][More on Human Rights]
Green Bonds enable capital-raising and investment for new and existing projects with environmental benefits. The Green Bond Principles are voluntary process guidelines that recommend transparency and disclosure and promote integrity in the development of the Green Bond market by clarifying the approach for issuance of a Green Bond.
[Source 2018][More on Multi-Stakeholder Initiatives]
The Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soy, beef, leather, timber and paper). This financial institution received a score of 50%.
[Source 2019][More on Forests]
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
[Source 2017][More on Human Rights]
This company is listed on the Facing Finance website as a financial institution which invests in companies that manufacture weapons or profit from violations of human rights, pollution, corruption, or international law. Follow link for further details.
BankTrack is a global network of civil society organisations and individuals tracking the operations of the banking sector and the activities they finance. BankTrack aims to promote fundamental changes in the banking sector so that banks adopt just and sustainable business practices. Follow the link to see this bank's profile.
The Corporate Research Project's Corporate Rap Sheets are dossiers summarising the most significant crimes, violations and other questionable activities of the world's largest and most controversial companies. Follow link to see this company's Corporate Rap Sheet.
|Company Structure||Public company|
|Revenue||US$58.5 billion in 2011|
|# Employees||49,700 in 2011 in World|