- Underdeveloped market for used building materials
- Timing of inner-city energy network expansion not always corresponding with renovation cycles
- Performance gap in new and renovated buildings
- Increasing complexity of building technology
- Need to efficiently record tenant electricity consumption for accurate scope 3 emissions calculation
- Lack of data on waste generated by tenants
- Climate change risks (transition and physical)
PSP Swiss Property AG
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, PSP Swiss Property AG disclosed greenhouse gas emissions of 8.4K tCO2e/year (Scope 1 2 and 3). By scope: Scope 1: 6.0K tCO2e/year; Scope 2: 2.3K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
8.4K tCO2e/year (Scope 1 2 and 3)
2023
Renewable Energy
52%
of total energy
Water Usage
402.6K m3/year
2023
Energy Use
87.2M kWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 6.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.3K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 8.4K tCO2e/year (Scope 1 2 and 3) |
| 2021 | 9.9K tCO2e/year |
| 2020 | 9.3K tonnes CO2e |
| 2019 | 10.5K tonnes CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2e emissions per square metre of rental space from 10.3 kg/m2 to 8.9 kg/m2 (13.3% reduction)
- Installed an additional 338 kWp of photovoltaic capacity, producing around 1,574 MWh of solar power
- Reduced total energy consumption in the investment portfolio by 5.5% (from 92.2 million kWh to 87.2 million kWh)
- Reduced portfolio CO2e emissions (scope 1 and 2) by 11.2% (by 1,056 tonnes)
- Reduced energy intensity by 7.7% (from 100.5 kWh/m2 to 92.7 kWh/m2)
- Reduced CO2 intensity by 13.3% (from 10.27 kg CO2e/m2 to 8.91 kg CO2e/m2)
- Increased share of energy purchased from renewable sources to 52.1% (from 49.2%)
- Achieved 99% renewable electricity coverage for the entire portfolio
- Implemented a green finance approach, linking all bonds and bank loans to the sustainability strategy
🎯 Climate & Sustainability Targets
🔜 Short-term
- 100% renewable electricity by 2025
- Complete tenant booklet on sustainability in relation to tenant fit-out
📅 Medium-term
- 50% CO2 reduction by 2035
- 3 MWp increase in photovoltaic capacity over next 5 years
- Systematic incorporation of sustainability clauses into leases
🔭 Long-term
- Net zero CO2 emissions by 2050
🌱 ESG Focus Areas
CO2 reductionResource conservationFlexible usage of propertiesLocal developmentTenant satisfaction and wellbeingEmployee satisfaction and wellbeingFinancial strengthTransparency and ethical business conduct