SERV gives high priority to human rights, social issues and the environment when assessing insurance applications. SERV also takes into account the Glossaryprinciples of Swiss foreign policy. They include the peaceful co-existence of nations, respect for human rights, promotion of democracy, conservation of natural resources, alleviation of global poverty and the protection of Swiss business interests abroad. Given the diversity of the principles, assessing transactions often involves a complex trade-off between commercial interests and public concerns.
Assessments are based on the following OECD guidelines: the Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence, the anti-corruption guidelines and the guidelines to promote sustainable lending to low-income countries. The OECD Guidelines for Multinational Enterprises also apply to multinational enterprises.
SERV supports Swiss exporters’ involvement in renewable energy, climate protection and water projects by offering special terms under OECD agreements. This may include credit periods of up to 18 years with flexible repayment terms to provide feasible project financing.