Sorry, you need to enable JavaScript to visit this website.
United Nations Department of Economic and Social Affairs Sustainable Development

Sustainable Real Estate

    Description
    Description
    The Sustainable Real Estate partnership aims to achieve a boost in energy efficiency and reduction of CO2 emissions in 1000 properties throughout Switzerland via a five-year program to systematically reduce overall energy consumption and CO2 emissions without any investments in construction. The specific goal of the program is to reduce CO2 emissions by an average of at least 10% across all buildings, equivalent to about 13,000 tons of CO2.
    Expected Impact

    As part of the program, approximately 60 buildings with the highest energy consumption (approximately 42% of overall consumption) were connected online to the Siemens Advantage Operation Center (AOC). The AOC can monitor the energy consumption of the buildings online and in detail, around the clock. If the measurements deviate from defined targets, the AOC can make immediate corrections. The other 900 buildings will be reviewed annually on the basis of energy consumption data to determine their energy efficiency and are included in the energy controlling system. As part of the operational optimization process, energy engineers will inspect each building and make systematic improvements.

    Governed

    This partnership is coordinated by Credit Suisse's Development & Construction team in collaboration with Siemens Switzerland. The impact evaluation will be measured by independent third party engineers Amstein+Walthert.

    Evaluation

    As a result, a CO2 reduction of 4 percent during 2010 and 2014 has been achieved. The evaluation and the real estate benchmarking (GRESB) in parallel indicate strong increase in the performance of energy and resource efficiency of the real estate portfolio which is above market average. The overall real estate sustainability performance reveals a competitive performance with achieving 8 Green Star Awards from the GRESB environment.

    Partners
    Credit Suisse AG, Siemens Schweiz, Wincasa, Amstein + Walthert, GRI Construction & Real Estate Sector Supplement, Global Real Estate Sustainability Benchmark (GRESB)

    Goal 9

    Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

    Goal 9

    9.1

    Develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all
    9.1.1

    Proportion of the rural population who live within 2 km of an all-season road

    9.1.2

    Passenger and freight volumes, by mode of transport

    9.2

    Promote inclusive and sustainable industrialization and, by 2030, significantly raise industry’s share of employment and gross domestic product, in line with national circumstances, and double its share in least developed countries

    9.2.1

    Manufacturing value added as a proportion of GDP and per capita

    9.2.2

    Manufacturing employment as a proportion of total employment

    9.3

    Increase the access of small-scale industrial and other enterprises, in particular in developing countries, to financial services, including affordable credit, and their integration into value chains and markets
    9.3.1

    Proportion of small-scale industries in total industry value added

    9.3.2

    Proportion of small-scale industries with a loan or line of credit

    9.4

    By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes, with all countries taking action in accordance with their respective capabilities

    9.4.1

    COemission per unit of value added

    9.5

    Enhance scientific research, upgrade the technological capabilities of industrial sectors in all countries, in particular developing countries, including, by 2030, encouraging innovation and substantially increasing the number of research and development workers per 1 million people and public and private research and development spending
    9.5.1

    Research and development expenditure as a proportion of GDP

    9.5.2

    Researchers (in full-time equivalent) per million inhabitants

    9.a

    Facilitate sustainable and resilient infrastructure development in developing countries through enhanced financial, technological and technical support to African countries, least developed countries, landlocked developing countries and small island developing States
    9.a.1

    Total official international support (official development assistance plus other official flows) to infrastructure

    9.b

    Support domestic technology development, research and innovation in developing countries, including by ensuring a conducive policy environment for, inter alia, industrial diversification and value addition to commodities
    9.b.1

    Proportion of medium and high-tech industry value added in total value added

    9.c

    Significantly increase access to information and communications technology and strive to provide universal and affordable access to the Internet in least developed countries by 2020

    9.c.1

    Proportion of population covered by a mobile network, by technology

    Goal 11

    Make cities and human settlements inclusive, safe, resilient and sustainable

    Goal 11

    11.1

    By 2030, ensure access for all to adequate, safe and affordable housing and basic services and upgrade slums

    11.1.1

    Proportion of urban population living in slums, informal settlements or inadequate housing

    11.2

    By 2030, provide access to safe, affordable, accessible and sustainable transport systems for all, improving road safety, notably by expanding public transport, with special attention to the needs of those in vulnerable situations, women, children, persons with disabilities and older persons
    11.2.1

    Proportion of population that has convenient access to public transport, by sex, age and persons with disabilities

    11.3

    By 2030, enhance inclusive and sustainable urbanization and capacity for participatory, integrated and sustainable human settlement planning and management in all countries
    11.3.1

    Ratio of land consumption rate to population growth rate

    11.3.2

    Proportion of cities with a direct participation structure of civil society in urban planning and management that operate regularly and democratically

    11.4

    Strengthen efforts to protect and safeguard the world’s cultural and natural heritage

    11.4.1

    Total per capita expenditure on the preservation, protection and conservation of all cultural and natural heritage, by source of funding (public, private), type of heritage (cultural, natural) and level of government (national, regional, and local/municipal)

    11.5

    By 2030, significantly reduce the number of deaths and the number of people affected and substantially decrease the direct economic losses relative to global gross domestic product caused by disasters, including water-related disasters, with a focus on protecting the poor and people in vulnerable situations

    11.5.1

    Number of deaths, missing persons and directly affected persons attributed to disasters per 100,000 population

    11.5.2

    Direct economic loss attributed to disasters in relation to global domestic product (GDP)

    11.5.3

    (a) Damage to critical infrastructure and (b) number of disruptions to basic services, attributed to disasters

    11.6

    By 2030, reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management

    11.6.1

    Proportion of municipal solid waste collected and managed in controlled facilities out of total municipal waste generated, by cities

    11.6.2

    Annual mean levels of fine particulate matter (e.g. PM2.5 and PM10) in cities (population weighted)

    11.7

    By 2030, provide universal access to safe, inclusive and accessible, green and public spaces, in particular for women and children, older persons and persons with disabilities
    11.7.1

    Average share of the built-up area of cities that is open space for public use for all, by sex, age and persons with disabilities

    11.7.2

    Proportion of persons victim of non-sexual or sexual harassment, by sex, age, disability status and place of occurrence, in the previous 12 months

    11.a

    Support positive economic, social and environmental links between urban, peri-urban and rural areas by strengthening national and regional development planning

    11.a.1

    Number of countries that have national urban policies or regional development plans that (a) respond to population dynamics; (b) ensure balanced territorial development; and (c) increase local fiscal space

    11.b

    By 2020, substantially increase the number of cities and human settlements adopting and implementing integrated policies and plans towards inclusion, resource efficiency, mitigation and adaptation to climate change, resilience to disasters, and develop and implement, in line with the Sendai Framework for Disaster Risk Reduction 2015-2030, holistic disaster risk management at all levels

    11.b.1

    Number of countries that adopt and implement national disaster risk reduction strategies in line with the Sendai Framework for Disaster Risk Reduction 2015–2030

    11.b.2

    Proportion of local governments that adopt and implement local disaster risk reduction strategies in line with national disaster risk reduction strategies

    11.c

    Support least developed countries, including through financial and technical assistance, in building sustainable and resilient buildings utilizing local materials

    Goal 13

    Take urgent action to combat climate change and its impacts

    Goal 13

    13.1

    Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries

    13.1.1

    Number of deaths, missing persons and directly affected persons attributed to disasters per 100,000 population

    13.1.2

    Number of countries that adopt and implement national disaster risk reduction strategies in line with the Sendai Framework for Disaster Risk Reduction 2015–2030

    13.1.3

    Proportion of local governments that adopt and implement local disaster risk reduction strategies in line with national disaster risk reduction strategies

    13.2

    Integrate climate change measures into national policies, strategies and planning

    13.2.1

    Number of countries with nationally determined contributions, long-term strategies, national adaptation plans and adaptation communications, as reported to the secretariat of the United Nations Framework Convention on Climate Change

    13.2.2

    Total greenhouse gas emissions per year

    13.3

    Improve education, awareness-raising and human and institutional capacity on climate change mitigation, adaptation, impact reduction and early warning

    13.3.1

    Extent to which (i) global citizenship education and (ii) education for sustainable development are mainstreamed in (a) national education policies; (b) curricula; (c) teacher education; and (d) student assessment

    13.a

    Implement the commitment undertaken by developed-country parties to the United Nations Framework Convention on Climate Change to a goal of mobilizing jointly $100 billion annually by 2020 from all sources to address the needs of developing countries in the context of meaningful mitigation actions and transparency on implementation and fully operationalize the Green Climate Fund through its capitalization as soon as possible

    13.a.1

    Amounts provided and mobilized in United States dollars per year in relation to the continued existing collective mobilization goal of the $100 billion commitment through to 2025

    13.b

    Promote mechanisms for raising capacity for effective climate change-related planning and management in least developed countries and small island developing States, including focusing on women, youth and local and marginalized communities


     

    13.b.1

    Number of least developed countries and small island developing States with nationally determined contributions, long-term strategies, national adaptation plans and adaptation communications, as reported to the secretariat of the United Nations Framework Convention on Climate Change

    Increase energy and resource efficiency
    Significant reduction of CO2 emissions for overall REIM portfolio of about 4%.
    Implementation of 18 solar panels
    Staff / Technical expertise
    Credit Suisse Real Estate Investment Management has a dedicated team of professional to deal with sustainable real estate
    No progress reports have been submitted. Please sign in and click here to submit one.
    False
    This initiative does not yet fulfil the SMART criteria.
    Share
    FacebookTwitterLinkedIn
    Timeline
    01 January 2012 (start date)
    01 January 2017 (date of completion)
    Entity
    Credit Suisse AG
    SDGs
    Geographical coverage
    Zurich, Switzerland
    Countries
    Switzerland
    Switzerland
    Contact Information

    Roger Baumann, COO & Head Sustainability, Credit Suisse Real Estate Investment Management