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Swiss Re Ltd

PRI reporting framework 2020

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Property monitoring and management

PR 09. Proportion of assets with ESG targets that were set and monitored

09.1. Indicate the proportion of property assets for which your organisation, and/or property managers, set and monitored ESG targets (KPIs or similar) during the reporting year.

(in terms of number of property assets)

09.2. Indicate which ESG targets your organisation and/or property managers typically set and monitor

Progress Achieved
          Energy consumption (heating and warm water) is monitored on a yearly basis where possible for investment properties.
          Type of energy (environmental impact, e.g. renewable energy)
          We measured for all Swiss and German properties the energy consumption for heating and warm water production (except where tenants run the heating system themselves).
          We have improved energy sources in certain properties by connecting them to lake water heating/cooling (replacing oil heating) and improved thermal insulation of a property.
Progress Achieved
          For major refurbishment projects, accessibility for elderly and disabled people were improved where appropriate.
          Increase housing options for local residents by adding apartment units through conversion of office space and/or building new residential properties.
          Diversity of tenant mix, health and safety factors
          Converted office space to residential space and also added 118 newly built apartments in Germany which provides more housing options for residents.
Progress Achieved
          International trade control screening (creditors as well as debtors) is performed on an ongoing basis.
          Regular screening for all tenants/vendors performed. No business relationships exist with tenants/vendors which are registered on any relevant watch list.
          Clear procedures in case of legal disputes.
          Detailed service level agreements with providers of outsourced services.

09.3. Additional information. [Optional]

PR 10. Certification schemes, ratings and benchmarks

10.1. Indicate whether your property assets are assessed against certification schemes, ratings and/or benchmarks

10.2. List the certification schemes, ratings and/or benchmarks your property assets are assessed against and what proportion of your property assets they apply to.

          Minergie (Switzerland)
Proportion of property assets these apply to

(in terms of number of property assets)

10.3. Indicate if your organisation uses property specific reporting standards to disclose information related to your property investments’ ESG performance.

10.4. Additional information.

New construction and refurbishment projects in Switzerland (representing approx. 70% of the direct property portfolio AUM) are subject to high sustainability standards and aim to fulfil Minergie standards whenever economically sensible.