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Board of Directors
In 2020, the Board of Directors actively engaged with the Executive Board on designing the strategy for and establishing the new Sustainability, Research & Investment Solutions (SRI) function at Executive Board level. The Board continued to receive regular status updates on the implementation of SRI throughout the year, as well as on the progress of Credit Suisse’s sustainability strategy. The Board furthermore received several briefings on the topics of sustainability and climate risks, covering both updates on external developments related to climate change, such as the increasing focus of global regulators on climate risks, as well as internal progress on specific initiatives supporting our sustainability strategy, such as the enhancement of our wealth management focused product and solutions offering with ESG integration.
In addition, our focus on culture is a standing agenda item for the Board of Directors, with culture, conduct and ethics updates being presented at each meeting. The Board of Directors also approved the new Credit Suisse purpose statement, cultural values and refreshed Code of Conduct. Further, a dedicated session on diversity, equity and inclusion was held as part of the annual strategy workshop and the strategy was endorsed by the Board.