Energy and Ecology Business
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Credit Suisse to Adopt the Carbon Principles
July 14th, 2008
Furthering its commitment to sustainable banking practices, Credit Suisse announced that it has adopted the Carbon Principles. Developed in conjunction with leading power companies and environmental groups, this industry initiative provides financial institutions with a framework for environmental and economic risk management associated with the construction of certain US power plants. The Principles will be instrumental in guiding Credit Suisse's advisory and lending activities to power companies and projects in the United States.
As part of its enhanced environmental due diligence under the Carbon Principles, Credit Suisse will encourage power clients to invest in demand...
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Source: Energy and Ecology Business (2008-07-14)