Swiss Life Asset Management AG
Swiss Life Asset Management AG: Swiss Life REF (CH) Swiss Properties: change of name in the context of the introduction of a dedicated sustainability strategy
Swiss Life Asset Management AG / Key word(s): Funds/Sustainability Zurich, 26. April 2022 Swiss Life REF (CH) Swiss Properties: change of name in the context of the introduction of a dedicated sustainability strategy Environmental, social and governance (ESG) factors are systematically integrated into the investment and risk management processes at Swiss Life Asset Managers. The introduction of a dedicated sustainability policy in the fund documents and the expansion of the fund name by adding “ESG” to Swiss Life REF (CH) ESG Swiss Properties ensure the consistent continuation of the sustainability strategy pursued by Swiss Life Asset Managers since 2018. Specifically, a systematic and uniform ESG assessment is carried out for all properties as part of due diligence for acquisitions. A customised sustainability building directive is used for restorations and investments, which includes minimum energy requirements as well as specifications for the targeted use of building certifications. ESG aspects are anchored in ongoing operations through corresponding management standards in the areas of monitoring, optimisation of existing building services systems and in dealing with tenants. Residential and commercial tenants are regularly asked about their satisfaction levels and are also informed about sustainability issues. The environmental measures are centred on the improvement of energy and CO2 efficiency. Swiss Life Asset Managers aims to uphold a CO2 reduction path that corresponds to the 1.5-degree target of the Paris climate agreement. The real estate fund does this primarily by gradually replacing fossil heat generation systems in its existing buildings. A significant part of this can be realised as part of total refurbishments. In addition, the future heating replacements were already modelled in non-fossil variants in the property valuations at the end of the financial year as of 30 September 2021 and are thus largely reflected in net assets. The real estate fund Swiss Life REF (CH) Swiss Properties participates in the annual GRESB rating (Global Real Estate Sustainability Benchmark). The rating has increased from 47 to 75 points since 2018, and the real estate fund today has Green Star status and three stars. The changes to the prospectus with integrated fund contract are expected to take effect on 1 June 2022, subject to approval by the Swiss Financial Market Supervisory Authority FINMA. Further information on the fund can be found at this link. Fund information
Media Relations Investor Relations
As at 31 December 2021 assets under management for third-party clients amount to CHF 102.8 billion. Together with insurance mandates for the Swiss Life Group, total assets under management at Swiss Life Asset Managers stood at CHF 276.3 billion. Swiss Life Asset Managers is a leading real estate manager in Europe1. Of the assets totalling CHF 276.3 billion, CHF 87.2 billion is invested in real estate. In addition, Swiss Life Asset Managers, in cooperation with Livit, manages real estate totalling CHF 28.8 billion in value. Total real estate under management and administration at the end of December 2021 thus came to CHF 116 billion. Swiss Life Asset Managers employs more than 2500 people in Europe. Self-determined Life 1 INREV Fund Manager Survey 2021 (AuM as of 31.12.2020) Disclaimer Additional features: File: Media release (PDF) End of ad hoc announcement |
Language: | English |
Company: | Swiss Life Asset Management AG |
General-Guisan-Quai 40 | |
8022 Zürich | |
Switzerland | |
Phone: | +41 43 284 41 89 |
E-mail: | sl-am-communication@swisslife-am.com |
Internet: | www.swisslife-am.com |
ISIN: | CH0293784861 |
Valor: | 29378486 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1332079 |
End of Announcement | EQS News Service |