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CREDIT SUISSE GROUP
2002 ENVIRONMENTAL POLICY

Environmental mission statement / objectives
„We support efforts to protect the environment and ease pressure on natural resources. By acting in an environmentally responsible
fashion we wish to contribute to sustainability and therefore create added value for our company, our customers and the environment.“

To foster the integrity of our brand image and to strengthen employee awareness and identification with our common values, Credit
Suisse Group has formulated a Code of Conduct.


   1.    Corporate leadership and management                              We are open to the development of new banking and
   We are actively committed to environmental protection. Our             insurance instruments for assessing ecological opportunities
   commitment stems from the belief that our future depends               and risks and support research in this area. We promote
   on the conservation of natural resources.                              efforts to demonstrate environmental costs and benefits and
   We strive to be among the most progressive companies in                to evaluate ecological aspects in stockmarket analysis, both
   terms of environmental management and we maintain an                   through our own developments and through active co-
   environmental management system in compliance with the                 operation in research groups.
   relevant standards. We always seek to use the most
   ecologically sound technology wherever this is economically            5. Production and operations
   viable. We are committed to satisfying the regional, national          We ensure our high environmental and safety standards by
   and international environmental standards applicable to our            continuously improving our environmental performance. Both
   business operations and services and our commitments                   in back-office operations and in the production process, we
   under the UNEP and ICC Declarations as well as the UN                  are committed to ensuring that our services are performed in
   Global Compact. We use a systematic eco-monitoring                     the safest and most environmentally friendly manner
   strategy to manage, evaluate and document the progress of              possible. We closely involve our procurement, management
   our work.                                                              and logistics partners. We place particular emphasis on
                                                                          minimising electricity consumption and conserving resources,
   2. Human resources work and organisation                               particularly in the processing of our standardised retail
   All employees of our bank are responsible for protection of            business.
   the environment in their particular area of activity. They are         By systematically measuring, recording and monitoring
   supported by internal or external experts.                             energy and resource consumption, emissions, waste and
   We take measures to ensure that staff recognise their                  environmental risks, we are paving the way for continuous
   ecological responsibility and act accordingly; activities which        improvements.
   have an impact on the environment should also be assessed              We take measures to prevent environmentally harmful
   from the ecological point of view.                                     accidents and to contain the potential repercussions.

   3. Communications and marketing                                        6. Infrastructure and facilities
   Our bank is an environmentally conscious company. We                   All available environmental data on design, materials,
   therefore conduct an open dialogue both inside the company             operational matters and energy consumption are taken into
   and outside. Our environmental data are accessible. We co-             account in the planning and construction of new premises
   operate actively with external environmental organisations.            and facilities.
   Meeting our ecological responsibilities forms part of our              We involve our contractors and suppliers in our efforts to
   strategy to secure long-term earnings and sustainable                  protect the environment in order to ensure that they apply our
   corporate development.                                                 environmental standards and codes of practice. In this
                                                                          context, we request information on potentially harmful
   4. Banking and insurance products                                      building materials and other substances and on the impact of
   We aim to include environmental considerations in existing             products supplied to us.
   and new products and services in order to avoid ecological
   risks. We take account of such risks in evaluating lending             7. Implementation of the environmental policy
   and insurance transactions and provide support for our clients         To implement the environmental policy, we continue to
   in dealing with risks and claims. Moreover, we aim to identify         pursue our internal corporate process aimed at promoting
   and avoid risks likely to harm the reputation of our institute.        environmentally conscious behaviour at all levels. We attach
                                                                          great importance to the environmental policy being taken into
                                                                          account in all environmentally relevant decisions.




    Lukas Mühlemann                                                      Dr. Martin Wetter
    Chairman and Chief Executive Officer of                              Member of the Executive Board Credit Suisse Banking and
    Credit Suisse Group                                                  Environmental Officer of Credit Suisse Group

                                                                                                       csg_environmental_policy_2002_en.doc
    The current environmental policy was approved on 27 March 2002. It will be reviewed at least every three years and adapted where
    necessary.

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.credit-suisse Environmental Policy

  • 1. CREDIT SUISSE GROUP 2002 ENVIRONMENTAL POLICY Environmental mission statement / objectives „We support efforts to protect the environment and ease pressure on natural resources. By acting in an environmentally responsible fashion we wish to contribute to sustainability and therefore create added value for our company, our customers and the environment.“ To foster the integrity of our brand image and to strengthen employee awareness and identification with our common values, Credit Suisse Group has formulated a Code of Conduct. 1. Corporate leadership and management We are open to the development of new banking and We are actively committed to environmental protection. Our insurance instruments for assessing ecological opportunities commitment stems from the belief that our future depends and risks and support research in this area. We promote on the conservation of natural resources. efforts to demonstrate environmental costs and benefits and We strive to be among the most progressive companies in to evaluate ecological aspects in stockmarket analysis, both terms of environmental management and we maintain an through our own developments and through active co- environmental management system in compliance with the operation in research groups. relevant standards. We always seek to use the most ecologically sound technology wherever this is economically 5. Production and operations viable. We are committed to satisfying the regional, national We ensure our high environmental and safety standards by and international environmental standards applicable to our continuously improving our environmental performance. Both business operations and services and our commitments in back-office operations and in the production process, we under the UNEP and ICC Declarations as well as the UN are committed to ensuring that our services are performed in Global Compact. We use a systematic eco-monitoring the safest and most environmentally friendly manner strategy to manage, evaluate and document the progress of possible. We closely involve our procurement, management our work. and logistics partners. We place particular emphasis on minimising electricity consumption and conserving resources, 2. Human resources work and organisation particularly in the processing of our standardised retail All employees of our bank are responsible for protection of business. the environment in their particular area of activity. They are By systematically measuring, recording and monitoring supported by internal or external experts. energy and resource consumption, emissions, waste and We take measures to ensure that staff recognise their environmental risks, we are paving the way for continuous ecological responsibility and act accordingly; activities which improvements. have an impact on the environment should also be assessed We take measures to prevent environmentally harmful from the ecological point of view. accidents and to contain the potential repercussions. 3. Communications and marketing 6. Infrastructure and facilities Our bank is an environmentally conscious company. We All available environmental data on design, materials, therefore conduct an open dialogue both inside the company operational matters and energy consumption are taken into and outside. Our environmental data are accessible. We co- account in the planning and construction of new premises operate actively with external environmental organisations. and facilities. Meeting our ecological responsibilities forms part of our We involve our contractors and suppliers in our efforts to strategy to secure long-term earnings and sustainable protect the environment in order to ensure that they apply our corporate development. environmental standards and codes of practice. In this context, we request information on potentially harmful 4. Banking and insurance products building materials and other substances and on the impact of We aim to include environmental considerations in existing products supplied to us. and new products and services in order to avoid ecological risks. We take account of such risks in evaluating lending 7. Implementation of the environmental policy and insurance transactions and provide support for our clients To implement the environmental policy, we continue to in dealing with risks and claims. Moreover, we aim to identify pursue our internal corporate process aimed at promoting and avoid risks likely to harm the reputation of our institute. environmentally conscious behaviour at all levels. We attach great importance to the environmental policy being taken into account in all environmentally relevant decisions. Lukas Mühlemann Dr. Martin Wetter Chairman and Chief Executive Officer of Member of the Executive Board Credit Suisse Banking and Credit Suisse Group Environmental Officer of Credit Suisse Group csg_environmental_policy_2002_en.doc The current environmental policy was approved on 27 March 2002. It will be reviewed at least every three years and adapted where necessary.