Credit Suisse Asset Management Global Real EstateCredit Suisse Asset Management Global Real Estate is Credit Suisse’s real estate management arm. It attaches considerable importance to sustainability in the acquisition, construction and management of the properties in its portfolio.
In 2010 Credit Suisse Asset Management Real Estate decided that all new construction should be certified according to the company’s own “greenproperty” quality seal or comparable standards. In doing so, the bank would take on a vanguard role with regard to sustainable construction.
In 2012 a further step was taken: the World Wide Fund for Nature (WWF) examined the CO2 reduction potential of Credit Suisse Asset Management Real Estate and reached the conclusion that it could cut the CO2 emissions of its entire portfolio by 44 percent by consistently applying technical measures. Monitoring of HVAC systems offered the most potential leverage. Another financially attractive measure was to reduce the power consumption of electronic devices and lighting, which the study found would bring about a CO2 reduction of 12 percent. Thus the project was born to review and optimize energy efficiency between 2012 and 2015 for the approximately 1,000 buildings in Credit Suisse Asset Management Real Estate’s Swiss portfolio jointly with Siemens Switzerland and the facility management partner Wincasa.
The approximately 100 buildings with the largest energy consumption are linked to Siemens’ Advantage Operation Center (AOC). In so doing, the AOC is able to monitor the energy consumption of the buildings online in real time and make corrections immediately where departures from target values are detected. The energy efficiency of the other circa 900 buildings is analyzed annually on the basis of their energy consumption data. Each building is reviewed by energy engineers and its operation systematically optimized on site, e.g., when the specified operating times for the ventilation system don’t correspond to the actual working day requirements of the building users, or if a room is being fully heated although people rarely spend any time in it. Major energy-savings measures are carried out by the respective building operators.
The web-based Energy Monitoring and Controlling (EMC) tool from Siemens is used to analyze and monitor all buildings. This tried-and-tested solution enables all stakeholders with access permission to view their energy efficiency data at any time. As such, Credit Suisse Asset Management Real Estate is able to analyze the energy consumption and CO2 emissions of its buildings at the touch of a button.
By benchmarking all buildings, Credit Suisse Asset Management Real Estate has been able to deploy its financial resources for improved sustainability in a targeted manner. Around 100 buildings in the REAM portfolio are linked to Siemens’ Advantage Operation Center (AOC), from where energy consumption of the buildings is monitored online in real time. Corrections are made immediately when departures from target values are detected. Thanks to this program, 1,000 buildings in Switzerland have been optimized and are being operated in a sustainable manner.