In recognition of the fact that companies have a corporate social responsibility, Credit Suisse Group decided to expand its reporting in this area: in addition to its Annual Report 2001, the Group has now published its first ever comprehensive Sustainability Report. The Report is based on the conviction that the principle of sustainability increasingly forms the basis of long-term business success. Consequently, a company is no longer evaluated solely by its financial performance, but increasingly by intangible values such as its reputation, risk management abilities, business conduct, intellectual capital, the loyalty of its customers and employees, and its readiness to include stakeholders.

The starting point and benchmark for reporting is our Code of Conduct, which sets the following goals: to deliver superior value to our clients and shareholders, to be an employer of choice and to act as a respected member of the community.

The Sustainability Report is divided into a social section, comprising chapters on employees, clients and society, as well as an environmental section with chapters on the environmental management system, products and services, and operational ecology at Credit Suisse Group. Each chapter highlights in particular the strengths, weaknesses and next steps in the relevant area.

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In our first Sustainability Report, we show the areas where Credit Suisse Group sets a good example and where the Group still needs to take action. We thereby aim to make a further contribution to discussions concerning sustainable development, underscoring our commitment to being a `good corporate citizen''

In the social section, the Report describes the measures Credit Suisse Group has taken in order to remain an employer of choice, as well as the company''s commitment to the community. Further themes include the Group''s work in combating money laundering and terrorist funds as well as efforts towards developing a service tailored to customer needs. The environmental section first deals with Group-wide environmental policy and the environmental management system. It also provides information about sustainability-driven products and services offered by Credit Suisse Group as well as the risks to be considered as part of credit approval, project financing and insurance activities. The chapter on operational ecology shows aspects of recording the company''s energy, water and paper consumption and how the relevant savings measures have been derived.