Slide 1 Sustainability Affairs 02.09.04 / B. Schanzenbächer Otti Bisang UNEP FI – Best Practice Unternehmensbeispiele der Credit Suisse Group

Slide 1

Sustainability Affairs

02.09.04 / B. Schanzenbächer

Otti Bisang

UNEP FI – Best Practice

Unternehmensbeispiele der Credit Suisse Group

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VfU-Fachtagung, München, 24.11.2004

Otti Bisang

ÜBERSICHT

1. UMSETZUNG UNEP-ERKLÄRUNG

2. VOM UMWELTMANAGEMENT ZUM SUSTAINABILITY MANAGEMENT

3. MICROFINANCE

4. ÖKORISIKEN BEI FIRMENKREDITEN

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Otti Bisang

ÜBERSICHT



3. MICROFINANCE


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Otti Bisang

UMSETZUNG UNEP-ERKLÄRUNG VERPFLICHTUNG ZU NACHHALTIGER ENTWICKLUNG

ICC (1991)

UNEP-Erklärungen 1992/1995

Umweltpolitik 1995/1998/2002

Code of Conduct 1999/2004

Global Compact (2000)

Equator Principles (2003)

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Otti Bisang

UMSETZUNG UNEP-ERKLÄRUNG UMWELTMANAGEMENT UND FINANZINSTITUTE

Umweltmanagement zertifiziert nach ISO 14001 (1997-2000-2003-2006)

Umwelt-/Nachhaltigkeitsberichterstattung validiert

DJSI / FTSE4Good / imug …

VfU-/EPI-/SPI-Standards

Zertifizierung der Zulieferer gefördert

Kontakte zu Universitäten und Hochschulen

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Otti Bisang

UMSETZUNG UNEP-ERKLÄRUNGSOCIALLY RESPONSIBLE INVESTMENT PRODUCTS

Studies show that upper-tier affluent clients in particular are looking for “moral well-being” in their investments

Venture philanthropy emanating trend from the United States

Social Returns

Fin

anc i

al

Fin

a nc i

al R

etur

n sR

etur

n s

Sustainability Funds (e.g. CS Global Sustainability)

Eco-technology Funds (e.g. Prime New Energy)

Microfinance

Foundations

Ethical Funds (e.g. CS Fellowship Fund)

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Otti Bisang

UMSETZUNG UNEP-ERKLÄRUNG ÖFFENTLICHKEIT UND KOMMUNIKATION

Jährliche Berichterstattung seit 1994

Mitgliedschaften (UNEP, öbu, Engaging Stakeholder Program, …)

Aktive Mitarbeit in inter-/nationalen Arbeitsgruppen

Regelmässiger Dialog mit NGO und kritischen Shareholders

Bewusste Netzwerkpflege (Brown Bag Lunches, …)

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Otti Bisang

UMSETZUNG UNEP-ERLÄRUNGSUSTAINABILITY REPORTING – QUO VADIS

www.credit-suisse.com/sustainability

Eco Performance Reports

Environmental Reports

Sustainability Reports

?

Integration into Annual Report?

Image brochure?

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Otti Bisang

UMSETZUNG UNEP-ERKLÄRUNGINCREASING PROFESSIONALISM OF NGOs

Need for more intense dialoge

Increasing demand for transparency and more detailed knowledge about the transactions

Rising risk that something may go sour

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Otti Bisang

ÜBERSICHT



3. MICROFINANCE


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Otti Bisang

Annual sustainability reporting as part of CSG’s corporate reporting

Identifying and reporting internally on social and environmental trends and issues that might have a significant positive or negative impact on our business and/or reputation

Cooperating with internal departments and specialists worldwide and acting as a coordinator in order to formulate a Group position or to take action on sustainability issues

Maintaining contacts with Non-Governmental Organizations (NGOs) and helping to cultivate relations with sustainability-oriented shareholders to protect brand

Maintaining a solid environmental management system (ISO 14001)

VOM UMWELT- ZUM SUSTAINABILITY MGMT SUSTAINABILITY AFFAIRS – MAIN TASKS

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Otti Bisang

SUSTAINABILITY GOVERNANCENEW PHASE – IMPROVED STRUCTURE Formation of a Sustainability Committee* – including members with business

and specialist know-how – to ensure:– broad buy-in on complex, diverse, inter-disciplinary and often controversial

sustainability topics– consistent Group positions– informed decision-making– recognition of spill-over effects between different business areas and

geographical regions

Committee will comprise a small group of senior managers from risk management and business development functions from the Business Units as well as the Group Corporate Center

Two meetings per year

Regular reporting of current sustainability issues to Group Executive Board and Board of Director’s Risk Committee

* to replace Environmental Executive Board which was established in accordance with Directive W-0011

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Otti Bisang

CEO

• Highest decision-making authority

Sustainability Committee

Strategy and policies

• Determine CSG’s strategy with respect to environmental and social issues

• Define priorities, policies and Group positions; define and control annual objectives

Implementation

• Ensure implementation of and compliance with CSG’s environmental policy and sustainability commitments

• Decide on environmental/social issues which cannot be resolved at BU level

• Endorse environmental management review as part of ISO 14001 process

Competence Center Sustainability Affairs

Support Sustainability Committee

through:

• Monitoring of trends/competitors

• Coordination of projects

• Internal consulting and support

• Reporting

• Links to related internal committees (GxB, Public Policy Board, CSFB Reputation Risk Committee)

BoD / RC

Sustainability review

SUSTAINABILITY GOVERNANCESTRUCTURE

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Otti Bisang

ÜBERSICHT



3. MICROFINANCE


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Otti Bisang

MICROFINANCEA PROMISING INVESTMENT THEME

Driving forces:

Globalization: benefits are not equally distributed – rich countries benefit more than poorer nations

Number of people that live in poverty is increasing: 3 billion people live on less than USD 2 a day

Access to capital is a key factor for economic development

Global players are expected to accept broader responsibilities

2005: UN Year of Microcredit

Microfinance is a need we address as a financial intermediary to improve living conditions in developing countries

Many HNWIs believe wealth also brings about responsibilities -> we enable them to act on this

responsAbility Global Microfinance Fund

Microfinance – Banking for the ‘unbankable’ A new investment idea for the benefit of Credit Suisse Private Banking, customers and society

responsAbility Social Investment Services AGwww. responsAbility.ch Slide 16

http://www.andromeda-fund.com/

responsAbility Social Investment Services AGwww. responsAbility.ch


Financial characteristics

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Absolute positive return target

Reflects interest rate environment (mostly floating rates – 6 months LIBOR)

Additionally some growth potential added through cautious blend with limited

equity investments

Expected net return (after cost) for investor in current interest environment:

approx. 2 % p.a. in USD (+/- 0.5 %) = approx. LIBOR + 1%

Valuation rules according to fixed deposits = low risk due to interest rate

changes

responsAbility Social Investment Services AGwww. responsAbility.ch Slide 18


One investment – multiple benefits

Customers absolute returns LIBOR + ~1% very short duration improves diversification

tool to act responsibly helps to enjoy wealth

CSPB and CSG sales commission less capital drain through donations

customer loyalty differentiation door opener positive image effect

Society contribution to

poverty alleviation higher income

for active poor

USD 100,000invested

~150 entrepreneurs reached~600 family members have better food,

health, education

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Otti Bisang

ÜBERSICHT



3. MICROFINANCE


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Otti Bisang

ÖKORISIKEN BEI FIRMENKREDITENZEITLICHE ENTWICKLUNG

1992: Weisung 1.0 - Kredite > CHF 10 Mio / EUR 7 Mio

1994: Weisung 2.0/1- Fachstelle Öko-Risiken (1-3 Personen)- Schulungen- Checklisten

2003: Weisung 3.0 - Outsourcing Fachstelle Ökorisiken- First Level Support- Ausbau Intranet

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Otti Bisang

ÖKORISIKEN BEI FIRMENKREDITENPROZESS

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Otti Bisang

ÖKORISIKEN BEI FIRMENKREDITENINTRANET (1/2)

Ablauf und Hilfsmittel Ablauf des Prüfverfahrens

Checkliste Altlastenrisiko für eine Kurzanfrage an PricewaterhouseCoopers

Umweltrelevante Brancheninformationen (Merkblätter)

Altlastenrisiko – Branchenliste

Ökologisch exponierte Branchen

Argumentarium für den Kundenverantwortlichen

Adressen der Ämter für Altlastenkataster

Formular Altlastenverdachtsflächenkatasterauszug

Preisliste

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Otti Bisang

ÖKORISIKEN BEI FIRMENKREDITENINTRANET (2/2)

Fachwissen zu Umweltrisiken Web-PAT Ökorisiken

Interpretation Altlastenverdachtsflächenkataster

Stand der Altlastenverdachtsflächenkataster per 30.06.2001

Ökologisch exponierte Branchen

Umweltrelevante Begriffe

Umweltrelevante Brancheninformationen

Fallbeispiele

Altlastenproblematik beim Liegenschafterwerb

Besteuerung von Liegenschaften mit Altlasten

Umweltlabels

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Sustainability Affairs

02.09.04 / B. Schanzenbächer

CREDIT SUISSE GROUPSUSTAINABILITY AFFAIRS

For further information please visitwww.credit-suisse.com/sustainability orwww.credit-suisse.com/sustainable-investmentsor contact:

Environmental Advisor

Otti BisangSustainability Affairs (GCBS)P.O. Box 1CH-8070 Zurich/SWITZERLANDTel. +41 44 33 22 [email protected]

Documents

Slide 1 Sustainability Affairs 02.09.04 / B. Schanzenbächer Otti Bisang UNEP FI – Best Practice Unternehmensbeispiele der Credit Suisse Group