Credit Suisse partners with Equilibrium to deploy capital sustainably

Monde
On the 10/21/20 at 5:37PM

by

Tuba Raqshan

Credit Suisse Asset Management and Equilibrium Capital Group will jointly work to make capital available to industries and businesses that are committed to sustainability.
ThinkStock

Credit Suisse had established an Executive Board-level function – Sustainability, Research & Investment Solutions (SRI) – in July, where it has committed to provide at least CHF 300bn of sustainable financing over the next decade. Equilibrium manages sustainability driven businesses and the deployment of capital within the sustainable real asset and infrastructure spaces such as controlled environment foods, waste-water-energy distributed infrastructure, and climate resilience infrastructure.

The partnership will focus on developing and manage a sustainable infrastructure and resource management platform, to deploy capital sustainably. While we cannot reverse climate change completely, we can mitigate its impact by creating more sustainable infrastructure, said Dave Chen, CEO of Equilibrium Capital. “By managing the environmental risks around food production, waste, water and energy, we can foster greater stability and security in those areas,” he added.

This joint commitment is in pursuit of a shared mission to mobilise capital for good, said Marisa Drew, chief sustainability officer and global head of sustainability, strategy, advisory and finance at Credit Suisse.