The Credit Suisse (Lux) Environmental Impact Equity Fund offers investors an opportunity to make investments in publicly traded, mostly small and mid-cap companies that provide products, services and technologies aimed at solving the most pressing environmental challenges such as climate change, pollution and natural resource depletion. The fund incorporates environmental, social, and governance (ESG) criteria based on the Credit Suisse Sustainable Investing Framework into its investment process. In doing so, it will seek to contribute to achieving the UN Sustainable Development Goals.
To enhance the impact made by the portfolio companies, the portfolio management team, led by Christian Schmid, will engage with selected companies through dialogue and proxy voting. Impact reports will enable investors to track the fund’s exposure and the impacts made by portfolio companies over time.
Comments about the launch of the Credit Suisse (Lux) Environmental Impact Equity Fund
“Targeted at investors who are seeking a more environmentally friendly, sustainable approach to business and investment by supporting concepts such as a circular economy, which calls for the reduction and ultimate elimination of single-use goods and waste through the recycling of resources and regeneration of natural systems”.Marisa Drew, CEO of Credit Suisse’s Impact Advisory and Finance (IAF) Department.
“We leverage Credit Suisse’s expertise in sustainable investing, our investment capabilities, insights and resources to deliver investable sustainable solutions for our clients”.Filippo Rima, Head of Equities at Credit Suisse Asset Management.
Domiciled in Luxembourg, the Credit Suisse (Lux) Environmental Impact Equity Fund is UCITS- compliant and will provide daily liquidity. The subscription period starts on June 5, 2020, and will run until June 25, 2020, the fund’s launch date. During the subscription period, two special seeding share classes with a reduced management fee will be offered: USD SBP (ISIN LU2176899297) and CHF SBHP (ISIN LU2177566267).