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Sustainability

Sustainability is an integral part of our corporate strategy and business activities. Our sustainability targets are based on the Federal Council's Energy Strategy 2050, the Paris Agreement on Climate Change and the Sustainable Development Goals (SDGs) of the United Nations.

Our sustainability strategy

Our sustainability strategy is based on the question of how we can create value for our stakeholders and which issues are particularly important for them and for our short, medium and long-term business success. In addition, we evaluate financial and non-financial issues that have a significant impact on economic, social and environmental development using a materiality analysis. This approach reflects our understanding of sustainable business management and provides the basis for our sustainability reporting (GRI 102-49).

Sustainable Development Goals (SDGs)

The United Nations’ Sustainable Development Goals (SDGs) are part of the Agenda 2030 for sustainable development. To integrate our commitment and the corresponding Key Performance Indicators (KPIs) into this global level, we have defined which SDGs can be most significantly influenced by our business activities.

As the guiding principle for the corporate responsibility of the entire Swiss Prime Site Group, we are aligned with SDG 11 «Sustainable Cities and Communities». This goal includes several levels of our core real estate business. For example, the climate-adapted design of living spaces, urbanisation and intergenerationality as well as concepts relating to the «Smart City» theme. Our targets and contributions to the Sustainable Development Goals:  

Infrastructure

We intend to use existing properties more intensively and take a participative approach to new projects and large site transformations which incorporates their utilisation by local communities

Stakeholder

We are committed to establish national and regional partnerships to drive forward knowledge transfer, joint developments and projects.

Ecology

We define and monitor sustainability criteria for the entire product life cycle – from construction to demolition.

We want to reduce our resource consumption and implement measures against climate-related risks and dangers.

Finance

We want to raise our profitability - while increasing the efficiency of our resources and maintaining our corporate values and principles of equal treatment.

Innovation

We invest in new technologies and sustainable buildings with innovative floorspace utilisation concepts and offerings.

Employees

We support individual professorial chairs and the further development of education and training programmes as a learning environment for all.

Creating sustainable value

Our activities and those of our group companies create sustainable value. In this context, we transparently indicate which resources we use and how we implement them in a targeted manner. 

Materiality analysis

As part of the 2019 materiality analysis, we have identified the relevant topics for our business areas Real Estate (Swiss Prime Site Immobilien, Wincasa, Swiss Prime Site Solutions), Retail (Jelmoli)  and Assisted living (Tertianum Group, sold as of 28.2.2020). During this process it was necessary to assess how important the particular issues are to the different stakeholders on the one hand, and to the business success of Swiss Prime Site on the other, and also how important the issue is with regard to the Company’s impact on sustainable development.

This procedure is derived from the sustainability reporting guidelines of the Global Reporting Initiative (GRI), which describe how to evaluate stakeholder relevance and assess impact. Assessing business relevance as the third dimension ensures that the material issues are closely related to the core business and can be integrated into the strategic management. The process is therefore also compatible with the recommendations of the International Integrated Reporting Council (IIRC).

MORE INFORMATION ABOUT THE ANALYSIS PROCESS

DETERMINATION OF MATERIAL ISSUES

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