We have developed a comprehensive approach towards responsible property investment. It comprises ESG evaluations for macro locations, micro locations and buildings. The approach is based on guidelines of the Swiss Society of Engineers and Architects (SIA) and other organizations, sustainability labels such as BREEAM, LEED and DGNB, other third party sources and Vontobel's own experience. Each location and each building has to pass the ESG check conducted by our in-house experts. If a building does not pass it cannot be bought.
ESG is also an integral part of the asset management. The ESG check of each building in the funds is updated once a year and improvement measures are derived for the annual budget.
All properties are subject to the Vescore sustainability impact assessment. The criteria applied are energy and environment, comfort and well-being, quality of use and flexibility, surrounding (infrastructure) and mobility. All invested property must comply with the Vescore sustainability criteria.
Furthermore, the criteria energy and environment, comfort and well-being, quality of use and flexibility are included in asset management.