CSAM partners for sustainability platform

Credit Suisse Asset Management (CSAM) announced plans to partner with Equilibrium Capital to expand the resources through which each is able to make capital available to industries and businesses that share in the firms’ mutual commitment to sustainability. CSAM and Equilibrium will jointly develop and manage a sustainable infrastructure and resource management platform. “We are delighted to support CSAM’s collaboration with recognized sustainability leader Equilibrium in pursuit of our shared mission to mobilize capital for good,” said Marisa Drew, chief sustainability officer and global head of sustainability, strategy, advisory and finance at Credit Suisse. “Today’s announcement builds on Credit Suisse’s long history of ground-breaking sustainability strategies, from co-founding one of the early leaders in microfinance and impact credit, to integrating sustainability into 2 Credit Suisse real estate portfolios, and finally to innovating in the fields of conservation and energy transition finance.” This partnership follows Credit Suisse’s establishment in July of an executive board-level function -- Sustainability, Research & Investment Solutions (SRI) -- to accelerate Credit Suisse’s ambition to be a leader in sustainability. SRI has a commitment to provide at least CHF300 billion ($332 billion) of sustainable financing over the next decade in fulfillment of the bank’s and its clients’ mutual desire to deploy capital sustainably. Equilibrium is a sustainability infrastructure and resource management specialist that manages sustainability driven businesses and the deployment of capital within the sustainable real asset and resource management spaces such as controlled environment foods, waste-water-energy distributed infrastructure, and climate resilience infrastructure. The firm has offices in Portland, Oregon; San Francisco and London. Dave Chen, CEO of Equilibrium Capital, said, “We are excited to partner with Credit Suisse on this mandate to address the changing resource infrastructure landscape. While we cannot reverse climate change completely, we can mitigate its impact by creating more sustainable infrastructure.”

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