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Capital Flows, Financials

Credit Suisse climate strategy ‘not fit for purpose’, ShareAction says

By Alex Janiaud

March 15, 2023
Credit Suisse logo, London
ShareAction has insisted that Credit Suisse improves its climate disclosures, fossil fuel policies and emissions reduction objectives. (Photo: Dan Kitwood/Getty Images)

The campaigning group has called on Credit Suisse investors to vote against the bank’s climate strategy at its upcoming annual meeting. Credit Suisse is asking shareholders to support its updated climate strategy, which includes emissions reduction goals for six sectors including oil, gas and coal, but ShareAction, which had urged ...

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