The Helvetia Investment Foundation’s two real estate investment groups (Swiss Real Estate and Romandie Real Estate) as well as Helvetia Asset Management Ltd's Helvetia (CH) Swiss Property Fund, which is listed, were assessed by GRESB for the second time and increased their points in the GRESB score in 2024. The three investment vehicles, which have total assets under management of around CHF 3 billion, achieved gratifying GRESB scores (81, 80 and 80 points, respectively, out of a total of 100) in this year's GRESB sustainability benchmark analysis for real estate as well as 3 out of 5 stars in the benchmark comparison. These good results mean all three investment vehicles met the criterion for the separate Green Star award.
1 The GRESB score is a value from 0 to a maximum of 100 and consists of the weighting of different sustainability categories.
2 The GRESB rating is based on the GRESB score and its quintile position compared with all participants in the annual GRESB rating. 5 stars = top quintile in the global field, 1 star = lowest quintile in the global field.
3 GRESB grants real estate vehicles a Green Star award if they achieve a score of more than 50% of the points in the management and performance categories.
In 2024, a total of 2,223 real estate investment vehicles participated in the GRESB sustainability benchmark. GRESB is an independent organization that annually compiles the leading global sustainability benchmark for the real estate industry. GRESB provides investors with independent, transparent and standardized benchmark results on ESG performance and sustainability best practices for real estate and infrastructure companies, funds and assets worldwide.
"This marks the second year we’ve participated in GRESB and we’re pleased to have delivered improved results for our investors as well as won the Green Star award for our three real estate investment vehicles. Our participation reflects the importance of ESG factors in our investment processes and underlines our commitment to sustainability", says André Keller, Group Chief Investment Officer at Helvetia.
Net-zero target of 2050 for investments
The GRESB scores are the result of a comprehensive campaign to gear the three real estate investment vehicles to sustainability. Measures to combat climate change are a central component of the Helvetia sustainability approach. At the same time, responsible investment is a strategic goal of the Helvetia Group as it seeks to meet its responsibility towards the environment. The company intends to gradually shift the investment portfolios to net-zero emissions by 2050, thus meeting the requirements of the Paris Climate Agreement.
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