ReportAlert.info - Credit Suisse (VTX:CSGN) Publishes Corporate Responsibility Report 2012
The report documents the company's efforts to assume its corporate responsibilities in 2012
March 22, 2013 /3BL Media/ - The Corporate Responsibility Report documents Credit Suisse’s efforts to assume its corporate responsibilities in 2012. It forms part of the bank’s annual reporting suite and has been externally assessed and independently assured by SGS. It is available online at: www.credit-suisse.com/crr
The report is structured into five chapters that focus on Credit Suisse’s responsibilities as a global bank, employer and member of society, as well as its commitment to protecting the environment and the importance it assigns to its dialogue with stakeholders. Selected figures from the report:
• Credit Suisse had CHF 5,263 million of assets under management that generate high social and environmental benefits at end-2012.
• 2012 marked the 10th anniversary of Credit Suisse’s engagement in the area of microfinance. To date, its microfinance activities have benefited 2.2 million people at the base of the income pyramid.
• The bank assessed 428 potential transactions involving sensitive industries using its risk review process in 2012 as part of its responsible approach to business.
• 85,200 participants attended instructor-led courses and 620,000 participants completed e-learning courses, reflecting Credit Suisse’s focus on talent development.
• 44% of all vacancies were filled through internal appointments – highlighting the bank’s success in retaining expertise within the organization.
• 17,265 Credit Suisse employees worldwide volunteered 182,376 hours of their time to support communities and foster social development.
• 51% of the electricity used by Credit Suisse globally is generated using renewable resources. To reduce energy consumption, the use of videoconferencing was increased by 97% to over 135,000 hours. In addition, 10 gigawatt-hours of energy savings were achieved globally by increasing the bank’s server virtualization rate.
• Credit Suisse published a study showing how the private and public sector can work together to strengthen Switzerland’s competitiveness as a financial center.
