Relaunch of the greenproperty seal of approval
With the development and introduction of the greenproperty seal of approval, Credit Suisse Asset Management Global Real Estate set an example for more sustainability in real estate back in 2009. As the first comprehensive seal of approval for sustainable buildings in Switzerland, greenproperty has already been providing sustainable guidance for investment decisions for ten years - and now the revised version has been completed.
At that time, Global Real Estate launched its own standard for the first time with the greenproperty seal of approval, which made new buildings in the real estate portfolios assessable under sustainability aspects. As one of Switzerland's leading developers and real estate investment managers, the company wants to live up to its responsibility for future generations; even then, CO2-reduction is one of the most urgent challenges. Convinced of the significance of the seal of approval and the importance of sustainable construction, Global Real Estate launched the first Swiss real estate fund in the same year, which invests primarily in certified properties.
Relaunch with adapted requirements
Global Real Estate developed the greenproperty seal of approval together with Amstein + Walthert AG. To ensure that greenproperty can continue to set new standards in the future, the criteria for certification have been adapted. Social and digital changes are now also included in the assessment. The revised seal of approval has been completed, and since July 4, 2019, the requirements for meeting the criteria have been publicly released on credit-suisse.com/greenproperty.
More than 120 properties have been awarded the definitive greenproperty seal of approval to date.
In order to define the holistic requirements of a property in detail, five dimensions of sustainability are put to the test when the certificate is awarded:
- Use
- Infrastructure
- CO2/Energy
- Materials
- Life cycle
A total of 25 criteria are subordinated to these five dimensions, such as room comfort, connection to public transport, self-sufficiency with renewable energy or environmental impact of materials. In the evaluation, the results are subsumed and illustrated as a degree of fulfillment in a clear spider diagram. The greenproperty seal of approval is thus based on a differentiated and objective evaluation method.
Amstein + Walthert and Wüest Partner were entrusted with the external review and certification of these criteria.
More about greenproperty:
- Publication "greenproperty: The sustainable seal of approval for real estate with a future" (PDF)
- Handbook greenproperty (PDF)
- Mapping greenproperty as an ESG approach (PDF)
- Current greenproperty innovation criteria (PDF)
- User log-in to greenproperty.ch (only available for registered partners)
- Read more about Credit Suisse Asset Management's sustainability efforts: ESG investing
- Decarbonization of the Swiss real estate sector (PDF)
- Building optimization: Energy controlling and operational optimization (PDF)
The five dimensions of sustainability according to greenproperty:
The degrees of fulfillment are illustrated in a spider diagram:
