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Swiss Re Ltd

PRI reporting framework 2020

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Property developments and major renovations

PR 11. Proportion of developments and refurbishments where ESG issues were considered

11.1. Indicate the proportion of active property developments and major renovations where ESG issues have been considered.

(by number of active property developments and refurbishments)

11.2. Indicate if the following ESG considerations are typically implemented and monitored in your property developments and major renovations.

11.3. Additional information. [Optional]

When it comes to refurbishments and new construction, the project definition document (internally produced by the construction managers/ portfolio managers reflecting the property strategy defined by the portfolio manager) sets the goals and standards (including ESG considerations) of the projects. Stringent selection of planners, engineers and contractors, as well as close supervision by our internal construction managers during the whole construction process until handover to property and facility managers ensure that the targets defined by the project definition document can be met.