NEW YORK, Oct. 21, 2020 /PRNewswire/ — Credit score Suisse is happy to announce that it has achieved one other milestone in fulfilling its institutional dedication to sustainability. Credit score Suisse Asset Administration will accomplice with sustainability infrastructure and useful resource administration chief Equilibrium to broaden the sources by way of which every of them is ready to make capital accessible to industries and companies that share of their mutual dedication to sustainability.
Credit score Suisse Asset Administration is a multi-specialist boutique supervisor working inside a number one international monetary establishment. Equilibrium innovates and manages sustainability-driven companies and the deployment of capital throughout the sustainable actual asset and useful resource administration areas.
This partnership follows Credit score Suisse’s institution in July of an Govt Board-level perform—Sustainability, Analysis & Funding Options (SRI)—to speed up Credit score Suisse’s ambition to be a pacesetter in sustainability. SRI has a dedication to supply no less than CHF 300 billion of sustainable financing over the subsequent decade in success of the financial institution’s and its purchasers’ mutual want to deploy capital sustainably.
In help of this international initiative, Credit score Suisse Asset Administration and Equilibrium will collectively develop and handle a sustainable infrastructure and useful resource administration platform. This collaboration will mix Credit score Suisse’s international attain, institutional working platform and deep experience in sustainability with Equilibrium’s trade management in constructing pioneering, institutional, sustainability-driven actual asset and useful resource administration capabilities.
Eric Varvel, World Head of Credit score Suisse Asset Administration, commented, “Equilibrium is a perfect accomplice for our franchise given our shared historical past in sustainability, options and actual belongings. This partnership marks one other landmark in Credit score Suisse’s sustainability technique to assist deal with urgent environmental challenges.”
Marisa Drew, Chief Sustainability Officer and World Head of Sustainability, Technique, Advisory and Finance at Credit score Suisse added, “We’re delighted to help CSAM’s collaboration with acknowledged sustainability chief Equilibrium in pursuit of our shared mission to mobilize capital for good. As we speak’s announcement builds on Credit score Suisse’s lengthy historical past of ground-breaking sustainability methods, from co-founding one of many early leaders in microfinance and impression credit score, to integrating sustainability into Credit score Suisse actual property portfolios, and at last to innovating within the fields of conservation and power transition finance.”
Dave Chen, CEO of Equilibrium Capital, mentioned, “We’re excited to accomplice with Credit score Suisse on this mandate to handle the altering useful resource infrastructure panorama. Whereas we can’t reverse local weather change fully, we will mitigate its impression by creating extra sustainable infrastructure. By managing the environmental dangers round meals manufacturing, waste, water and power, we will foster larger stability and safety in these areas.”
Credit score Suisse Media Relations, +41 844 33 88 44, [email protected]
Credit score Suisse AG
Credit score Suisse AG is among the world’s main monetary companies suppliers and is a part of the Credit score Suisse group of firms (referred to right here as ‘Credit score Suisse’). Our technique builds on Credit score Suisse’s core strengths: its place as a number one wealth supervisor, its specialist funding banking capabilities and its robust presence in our dwelling market of Switzerland. We search to comply with a balanced method to wealth administration, aiming to capitalize on each the big pool of wealth inside mature markets in addition to the numerous progress in wealth in Asia Pacific and different rising markets, whereas additionally serving key developed markets with an emphasis on Switzerland. Credit score Suisse employs roughly 48,800 individuals. The registered shares (CSGN) of Credit score Suisse AG’s mum or dad firm, Credit score Suisse Group AG, are listed in Switzerland and, within the type of American Depositary Shares (CS), in New York. Additional details about Credit score Suisse may be discovered at www.credit-suisse.com.
Equilibrium Capital Group
Equilibrium Capital Group innovates and manages sustainability-driven companies and the deployment of capital throughout the sustainable actual asset and infrastructure areas comparable to managed atmosphere meals, waste-water-energy distributed infrastructure, and local weather resilience infrastructure. The agency has places of work in Portland, Oregon; San Francisco, California; and London, England.
Essential Authorized Info
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