Lawyer Aline Bonard, among a legal team deployed to defend the Lausanne Climate Action activists, said the court in suburban Renens acquitted the defendants over the stunt that riffed off Federer's role with the bank.
The trial was billed as the first of its kind in Switzerland. The bank had argued that it could not tolerate “unlawful attacks” on its branches.
Lausanne Climate Action says Credit Suisse is one of the top banks worldwide to invest in fossil fuels, making available more than $7.8 billion to nearly four dozen companies that are said to be “extreme” users of dirty fossil fuels and multiplying 16-fold its financing for coal from 2016 to 2017.
Credit Suisse said in a statement that it “takes note of the verdict and will analyze it.”
Last week, the bank said combating global warming is “important” and that it has recently announced “in the context of its global climate strategy that it will no longer invest in new coal-fired power plants.”
It also said that it “respects freedom of expression as a fundamental democratic right” but that it "does not tolerate unlawful attacks on its branches, irrespective of the perpetrators and their motives.”