Credit Suisse, Essity and Heineken sign up to WFA’s Planet Pledge

Credit Suisse, Essity and Heineken have signed up to the World Federation of Advertisers’ Planet Pledge, a commitment to using the power of marketing as a force for positive change both internally and with the consumers who buy their products and services. The scheme now covers 25 multinationals, including Bayer, Danone, Diageo, Ikea, L’Oréal, Mastercard, Mondelez, PepsiCo, Pernod Ricard, Sanofi and Unilever representing an estimated $43bn in global ad spend. At the same time, two more national advertiser associations – RVD (Turkey) and OWM (Germany) – have joined forces with the…

Read More

Credit Suisse raises $212 million for the first impact fund dedicated to ocean health

Credit Suisse, in partnership with Rockefeller Asset Management (RAM), has launched the first impact fund to address ocean health in line with the UN’s Sustainable Development Goal 14 – “Life below Water”. The fund has raised USD 212 million. Credit Suisse Rockefeller Ocean Engagement Fund is a listed equities (UCITS) fund, providing retail and institutional investors with the opportunity to seek to generate alpha and engage for a sustainable blue economy. As investment advisors to the fund, RAM employs a fundamental global equity strategy investing in 30-50 stocks from a…

Read More

World Bank and Credit Suisse partner to focus attention on sustainable use of oceans and coastal areas – the “Blue Economy”

  The World Bank (International Bank for Reconstruction and Development, IBRD rated Aaa/AAA) issued a USD 28.6 million 5-year Sustainable Development Bond as part of ongoing efforts to raise awareness for the vital role fresh and saltwater resources play for people, livelihoods, and the planet. Credit Suisse Securities (Europe) Ltd., through its Impact Advisory and Finance Department, acted as the sole manager of the transaction. World Bank bonds support the financing of sustainable development projects and programs across a range of critical development sectors in member countries. This includes projects…

Read More