Credit Suisse To Include ESG Criteria in Fund Assets Worth CHF 100 Billion By 2020

October 1, 2019 | ESG and Sustainability, News

Credit Suisse Asset Management is set to introduce an ‘environmental, social, and corporate governance (ESG)’ investing framework across its funds

The Credit Suisse ESG initiative will initially include 30 funds carrying assets more than CHF 20 billion. These funds will therefore need to reposition by end-October 2019 under the Credit Suisse Sustainable Investing Framework.

Ultimately, however, Credit Suisse plans to have over CHF 100 billion of ESG-positioned fund assets by end-2020.

The ESG Framework

The bank further set up an Impact Advisory and Finance (IAF) Department in 2017 to accelerate its ESG investment practices.

Meanwhile, the Suisse framework will:

  • Define the investment universe, using if required negative screening
  • Define the dialogue with portfolio companies via direct engagement and proxy voting
  • Ensure ESG data, including financials, are integrated into the decision making
  • Combine ESG into financial analysis and risk management
  • Enable transparent ESG reporting

ESG Exclusion criteria

Finally, the Framework will exclude investments in companies that:

  • Damage the environment
  • Make weapons
  • Engage in nuclear energy, tobacco, gambling or adult entertainment
  • Engage in child labor, bribery or fatal accidents
  • Mine coal (revenue limit of 30%)

“The integration of ESG criteria into our investment process will create lasting performance benefits,” said Michel Degen, head of Credit Suisse Asset Management Switzerland and EMEA.

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.

Alt Insights

January 29, 2020

Venture Capital: The Kobe in “Bryant Stibel & Co”

Venture Capital: The Kobe in “Bryant Stibel & Co”

Latest Alternative Investment News
Alternative Assets: Funds Surpass $10 Trillion In AUM in 2019
February 25, 2020     Alternative Investments, Latest News, News

A new Preqin report shows that the alternative assets industry has reached “14 figures.” Total AUM surpassed $10 trillion for the first time in 2019. The industry added at least…
FinTech: QCash Signs Up Tropical Financial Credit Union For Small Loans
February 25, 2020     FinTech, News

QCash Financial, the US fintech and digital loan marketplace gained a major new client in Tropical Financial Credit Union (TFCU). TFCU has $700 million in assets and 65,000 members. QCash…
Artificial Intelligence: The Pentagon Adopts Five AI Principles
February 25, 2020     Artificial Intelligence

The Defense Innovation Board recommended the five AI principles. DoD Chief Information Officer Dana Deasy announced the AI principles at a press conference on February 24. The principles “lay the…
Alternative Investments: February 26 is the D-Day for the Wilshire Phoenix Bitcoin ETF
February 25, 2020     Alternative Investments, Digital Assets, News

Will the SEC greenlight the Wilshire Phoenix Bitcoin ETF? Crypto market participants seem to be unanimous in their opinion that the SEC will reject the Wilshire Phoenix bitcoin ETF. The…

Scroll to Top