Founded in 1856 and headquartered in Zurich, Switzerland, Credit Suisse is a global financial services company with expertise in the areas of private banking, investment banking, and asset management. It provides specialist advisory services, comprehensive solutions, and innovative products to serve companies, institutional clients, and high-net-worth clients worldwide across 50 countries, and also serves retail clients in Switzerland. Credit Suisse engages in impact investing across three areas of operations: (1) a dedicated business line which originates, structures, manages and offers impact investing products to retail, high-net-worth, and institutional clients; (2) in-house research which publishes reports on industry developments and impact sector trends; (3) capacity building grants through the Corporate Citizenship & Foundations team which strengthen the impact investing industry, its institutions, and their management.
Within its impact investing business line, Credit Suisse has over USD 5.4bn of asset under administration in impact investments, focused on broad range of topics such as: microfinance, higher education, sustainable agriculture and conservation finance, on behalf of approximately 5,000 clients, including private individuals, institutional investors, and development finance institutions.
The bank has more than a decade-long history of engagement that includes managing microfinance funds for its clients and facilitating capital markets transactions in microfinance such as IPOs and structured finance. In 2017, the department celebrated it’s 15 years of commitment in the field and launched two more series of its successful product that allows students with high potential but with no alternative funding option the ability to access world’s best class higher education institutions. In addition, to underscore our commitment in the impact investing space, we established an Impact Advisory and Finance Department in September 2017, reporting directly to the Group CEO. This will help expand our impact investment and sustainable development activities and allow us to continue to drive effective product innovation for our clients and society at large. As Credit Suisse continues to expand its impact investing practice, the bank is also exploring new impact areas that include access to affordable housing and healthcare.