Credit Suisse

Switzerland
Banks, Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Credit Suisse vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination, though the company has not publicly terminated business relationships based on views or beliefs. The company covers the cost of "medically necessary transition-related care” for its employees and their children and supports the Equality Act. Credit Suisse is part of the Glasgow Net Zero Alliance. However, it does not discriminate against religious organizations in its charitable giving and has not used its corporate dollars for ideological purposes. For these reasons, Credit Suisse receives a Medium Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Credit Suisse received a score of 100 on the Human Rights Campaign’s (HRC) Corporate Equality Index, meaning that it has pledged to vet vendors for support of LGBTQ policies (1)(2). However, Credit Suisse has not publicly terminated business relationships due to views or beliefs.

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Credit Suisse does not publish philanthropy guidelines, but its work is focused on financial literacy and educational success (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Credit Suisse does not provide protections against viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Credit Suisse has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). The company also signed an open letter in support of the Equality Act (3). Credit Suisse Asset Management is part of the Net Zero Asset Managers initiative, committed to carbon neutrality with its investments by 2050 (4).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Credit Suisse has not used corporate dollars to support ideological groups hostile to freedom of expression.

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
N/A
Rationale

Credit Suisse does not have an active PAC.

All links were last accessed and all information was updated on:
November 28, 2023

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