Description/achievement of initiative
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.
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.
Arrangements for Capacity-Building and Technology Transfer
Coordination mechanisms/governance structure
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.
Credit Suisse AG, Siemens Schweiz, Wincasa, Amstein + Walthert, GRI Construction & Real Estate Sector Supplement, Global Real Estate Sustainability Benchmark (GRESB)