News
Global Real Estate: 2022 GRESB results
This year, Credit Suisse Asset Management’s direct real estate investment products have once again scored well in the Global Real Estate Sustainability Benchmark.
October 18, 2022
Over the course of their lifecycles, real-estate properties are responsible for a significant portion of global greenhouse gas emissions. As part of a comprehensive ESG1 concept, Global Real Estate actively reduces the carbon footprint of its investments through a number of forward-looking programs and initiatives.
As in recent years, Credit Suisse Asset Management once again participated in the Global Real Estate Sustainability Benchmark (GRESB) this year with all 13 of its core and core+ real estate investment vehicles totaling roughly CHF 37 bn. Of these 13 vehicles, 10 exceeded the benchmark.
Global Real Estate has been committed to the topic of sustainability in real estate for many years now, launching the greenproperty quality seal – Switzerland’s first comprehensive sustainability label – in 2009. Together with Siemens Switzerland, Global Real Estate has also led the EC/BO program (energy controlling/operational optimization) to optimize property usage and emissions since 2014. Moreover, this year, Global Real Estate will be participating in REIDA’s newly launched Swiss benchmark. The REIDA benchmark is focused on the criteria exhibited by particularly high-quality materials, which have the greatest impact in terms of sustainability: energy consumption and CO2 emissions. The goal of this new benchmark is to significantly increase transparency and comparability for Swiss real estate investment solutions.
1ESG stands for Environmental (E), Social (S) and Governance (G).
Further information
- ESG at Credit Suisse Asset Management: credit-suisse.com/am/esg
- The greenproperty quality seal: credit-suisse.com/greenproperty
- Global Real Estate: credit-suisse.com/realestate
This is a marketing communication.
For information purposes only, this presentation should not be used as a basis for investment decision.
Disclaimer
This material constitutes marketing material of Credit Suisse Group AG and/or its affiliates (hereafter "CS"). This material does not constitute or form part of an offer or invitation to issue or sell, or of a solicitation of an offer to subscribe or buy, any securities or other financial instruments, or enter into any other financial transaction, nor does it constitute an inducement or incitement to participate in any product, offering or investment. This marketing material is not a contractually binding document or an information document required by any legislative provision. Nothing in this material constitutes investment research or investment advice and may not be relied upon. It is not tailored to your individual circumstances, or otherwise constitutes a personal recommendation, and is not sufficient to take an investment decision. The information and views expressed herein are those of CS at the time of writing and are subject to change at any time without notice. They are derived from sources believed to be reliable. CS provides no guarantee with regard to the content and completeness of the information and where legally possible does not accept any liability for losses that might arise from making use of the information. If nothing is indicated to the contrary, all figures are unaudited. The information provided herein is for the exclusive use of the recipient. The information provided in this material may change after the date of this material without notice and CS has no obligation to update the information. This material may contain information that is licensed and/or protected under intellectual property rights of the licensors and property right holders. Nothing in this material shall be construed to impose any liability on the licensors or property right holders. Unauthorised copying of the information of the licensors or property right holders is strictly prohibited. This material may not be forwarded or distributed to any other person and may not be reproduced. Any forwarding, distribution or reproduction is unauthorized and may result in a violation of the U.S. Securities Act of 1933, as amended (the “Securities Act”). In addition, there may be conflicts of interest with regards to the investment. In connection with the provision of services, Credit Suisse AG and/or its affiliates may pay third parties or receive from third parties, as part of their fee or otherwise, a one-time or recurring fee (e.g., issuing commissions, placement commissions or trailer fees). Prospective investors should independently and carefully assess (with their tax, legal and financial advisers) the specific risks described in available materials, and applicable legal, regulatory, credit, tax and accounting consequences prior to making any investment decision.
Copyright © 2022 CREDIT SUISSE GROUP AG and/or its affiliates. All rights reserved.
Distributor (AM): Credit Suisse Fund Management S.A., 5, rue Jean Monnet, Luxembourg 2180, Luxembourg | Regulator, Supervisor legal entity: Commission de Surveillance du Secteur Financier (CSSF), 110 Route d'Arlon, L-1150 Luxembourg, Luxembourg, Tel: +352 2625 11, Fax: +352 2625 1, Website: https://www.cssf.lu/