14 September 2023 | SFP Group

Publication of ESG Report

Press releases

The Swiss Finance and Property Group (SFP Group) is publishing its fourth ESG report drawn up in accordance with the GRI standards today. The report provides information about the sustainability topics relating to the environment, social responsibility and corporate governance that are important to the SFP Group.

Our Approach

The SFP Group pays attention to the careful use of resources. It is committed to complying with the 2030 and 2050 climate targets of the Swiss Federal Council, which aim to reduce greenhouse gases over the long term in accordance with the Paris Climate Agreement.

The SFP Group is well aware of the responsibility of the real estate sector to help alleviate the negative impact of climate change. After all, the property sector accounts for some 40% of the electricity consumed in Switzerland and offers huge savings potential. The SFP Group therefore attaches great importance to the use of renewable energy sources and energy-efficient buildings.

Immaculate corporate governance provides the framework for all business activities and lays the foundation for the SFP Group's legally compliant and ethically correct conduct.


Progress and Accomplished Targets

At Group level we recently submitted our second report prepared in accordance with the UN Principles for Responsible Investment (UNPRI). As a GRESB investor member, a large percentage of the Swiss and global indirect real estate investments can be assessed. In 2022, the SFP Group for the first time submitted the GRESB report for the five real estate vehicles under its management. Because of the application of the grace period, GRESB investor members and fund managers only have first-time access to the captured data and GRESB reports from 2023.

The SFP Group managed to further improve its data collection process and data disclosures. Greenhouse gases and operational energy intensity were each reduced by 8% compared to the previous year1.


Commitments and Outlook

The SFP Group takes responsibility for its impact on the environment, society and the economy. By 2030, the SFP Group wants to reduce the greenhouse gas intensity for all its direct real estate investments by 50% compared to 2019, and plans to continuously reduce its energy consumption over the coming years. Our goal is to reduce the greenhouse gas emissions of our properties to net zero by 2050.

In order to keep pace with the momentum of the sustainability movement, we continuously improve our sustainability strategy and finetune the associated processes.

The SFP Group values regular and transparent communication with all stakeholders. As an attractive employer, the SFP Group not only offers good working conditions and opportunities for further professional training, but also delegates responsibilities and decision-making powers to its employees.

You can find more information here.


1 Because technical constraints mean that data availability is postponed by one year, the analysis always refers to the applicable prior year, i.e. 2021 or 2020.

Contact

Portrait Adrian Murer
Adrian Murer

Group CEO
Swiss Finance & Property Group AG

Portrait Carmen Achermann
Carmen Achermann

ESG Manager

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