The report provides an in-depth insight into our proxy voting and engagement activities during the reporting period and outlines our areas of focus.
To Credit Suisse, active ownership means exercising these rights and fulfilling our fiduciary duties on behalf of our clients, who own shares in companies around the world through our funds. The two main elements of active ownership – engagement and proxy voting – constitute some of the most powerful tools in the pursuit of our environmental, social, and governance (ESG) goals.
Through our funds and client portfolios, we hold shares in many companies in Switzerland, Europe, and across the globe. As shareholders, we have the opportunity, on behalf of our clients, to engage with companies, communicate our goals and expectations, and exert concrete influence with our voting power at annual shareholder meetings.
To Credit Suisse, engagement means proactively seeking to establish and maintain an open dialogue with many of the companies in our funds. We request and attend meetings with members of the highest levels of management – for example board members and executive officers – where we clearly communicate our goals and preferences on multiple ESG issues.
Furthermore, through proxy voting, we represent our clients nationally and internationally at numerous shareholder meetings each year and exercise our voting rights in the pursuit of defined ESG goals.
Both approaches to active ownership enable us to encourage our partners to more fully embrace sustainable values and practices. Moreover, they give us the opportunity to explain and advance our goals and commitments in this area.
Our primary objective, achieved through active ownership, is to maintain and increase the value of those companies in which we are invested.
In all these activities, we pursue the twin goals of strengthening a company’s dedication to ESG goals and enhancing the value of our holdings in portfolios, on behalf of our clients.
Our overarching goal of anticipating and satisfying our clients’ financial needs, and our responsibility toward wider society, mean it is imperative that we continue to make every effort in this regard.
For more information, please refer to the following downloads and links:
Source: Credit Suisse, unless otherwise specified.
Unless noted otherwise, all illustrations in this document were produced by Credit Suisse Group AG and/or its affiliates with the greatest of care and to the best of its knowledge and belief.
This material constitutes marketing material of Credit Suisse Group AG and/or its affiliates (hereafter "CS"). This material does not constitute or form part of an offer or invitation to issue or sell, or of a solicitation of an offer to subscribe or buy, any securities or other financial instruments, or enter into any other financial transaction, nor does it constitute an inducement or incitement to participate in any product, offering or investment. This marketing material is not a contractually binding document or an information document required by any legislative provision. Nothing in this material constitutes investment research or investment advice and may not be relied upon. It is not tailored to your individual circumstances, or otherwise constitutes a personal recommendation, and is not sufficient to take an investment decision. The information and views expressed herein are those of CS at the time of writing and are subject to change at any time without notice. They are derived from sources believed to be reliable. CS provides no guarantee with regard to the content and completeness of the information and where legally possible does not accept any liability for losses that might arise from making use of the information. If nothing is indicated to the contrary, all figures are unaudited. The information provided herein is for the exclusive use of the recipient. The information provided in this material may change after the date of this material without notice and CS has no obligation to update the information. This material may contain information that is licensed and/or protected under intellectual property rights of the licensors and property right holders. Nothing in this material shall be construed to impose any liability on the licensors or property right holders. Unauthorised copying of the information of the licensors or property right holders is strictly prohibited. This material may not be forwarded or distributed to any other person and may not be reproduced. Any forwarding, distribution or reproduction is unauthorized and may result in a violation of the U.S. Securities Act of 1933, as amended (the “Securities Act”). In addition, there may be conflicts of interest with regard to the investment.
For persons in Hong Kong SAR (China): This content above is intended for the recipient only and may be based on information not available to the public. If distributed in Hong Kong, this document can only be distributed to “professional investors” within the meaning of the Securities and Futures Ordinance and any rules made thereunder. As such, the recipient undertakes to use this document for his/her own purposes only and to refrain from distributing any copy of this document to any other person. The delivery of this document to you should not be construed in any way as soliciting investment or offering to sell any interests described in this document. In connection with the provision of services, Credit Suisse AG and/or its affiliates may pay third parties or receive from third parties, as part of their fee or otherwise, a one-time or recurring fee (e.g., issuing commissions, placement commissions or trailer fees). Prospective investors should independently and carefully assess (with their tax, legal and financial advisers) the specific risks described in available materials, and applicable legal, regulatory, credit, tax and accounting consequences prior to making any investment decision.
Copyright © 2022 CREDIT SUISSE GROUP AG and/or its affiliates. All rights reserved.