UBS Is Buying Credit Suisse’s Greenhouse Emissions Burden, Too (1)

March 22, 2023, 3:26 PM UTC

This is from the Green Daily newsletter. Sign up to receive it in your inbox.

During the final week that Credit Suisse Group AG existed as an independent entity, its chairman and chief executive took some time to pen remarks for the embattled bank’s sustainability report.

Axel Lehmann and Ulrich Körner provided their expectations for what Credit Suisse would look like in 2050. It would be—in their words—a cleaner, greener, more sustainable bank after having traversed the choppy waters of the energy transition and eliminated carbon emissions from its operations and financing activities.

As we now know, the Swiss ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.