«Green Star» designation for Swisscanto real estate investment products

Press Release from October, 18 2022

All three Swisscanto real estate investment products managed by Zürcher Kantonalbank have received the «Green Star» designation in GRESB's annual ESG assessment. This applies in each case to the existing portfolio and - where available - also to construction projects.

GRESB is a global ESG benchmark for financial markets, which specifically assesses and compares the sustainability performance of indirect real estate investments. The investment group Swisscanto IF Real Estate Responsible Switzerland and the real estate fund Swisscanto (CH) Real Estate Fund Responsible IFCA achieved a very good 4-star rating for the portfolio with a score of 80 (out of 100) each. The Swisscanto (CH) Responsible Swiss Commercial real estate fund achieved a good 3-star rating with a score of 73. The construction projects were also awarded with a 3-star rating.

  Portfolio score
Portfolio rating
Construction score
Construction rating
Swisscanto IF Real Estate Responsible Switzerland
(Green Star)
4 out of 5 stars 83
(Green Star)
3 out of 5 stars
Swisscanto Real Estate Fund Responsible IFCA 80
(Green Star)
4 out of 5 stars 84
(Green Star)
3 out of 5 stars
Swisscanto Real Estate Fund Responsible Swiss Commercial
(Green Star)
3 out of 5 stars


Source: GRESB*

«The convincing results, and top ratings within the GRESB peer group of the portfolios, underpin our long-standing sustainability efforts in the real estate sector and encourage us to consistently pursue our sustainability strategy. By participating in and publishing the GRESB results, we make a significant contribution to the transparency of the sustainability performance of our real estate investment products. At the same time, by consistently integrating sustainability aspects into our real estate investment products, we contribute to achieving the Paris climate target,» says Stephan Lüthi, Head of Real Estate at Zürcher Kantonalbank Asset Management.

About Zürcher Kantonalbank Asset Management

Zürcher Kantonalbank is a leading universal bank in the Zurich economic region with national roots and international reach. It is an independent public-law institution of the Canton of Zurich. Proven asset management specialists at Zürcher Kantonalbank develop high-quality investment and pension solutions for private investors, companies and institutions. It is known for its pioneering role in sustainable investments, and the Swisscanto funds it manages as asset manager regularly receive national and international awards.

Legal information

*All intellectual property rights to this data belong exclusively to GRESB B.V. All rights reserved. GRESB B.V. has no liability to any person (including a natural person, corporate or unincorporated body) for any losses, damages, costs, expenses or other liabilities suffered as a result of any use of or reliance on any of the information which may be attributed to it.

This document serves informational and promotional purposes. It does not constitute an offer or a recommendation to acquire, hold or sell financial instruments or to purchase products or services, nor does it form the basis of any contract or commitment whatsoever.
The products and services described in this document are not available to US persons under the relevant regulations (in particular Regulation S under the US Securities Act of 1933). This document is intended for distribution in Switzerland and is not directed to investors in any other jurisdiction.
The document has been prepared by Zürcher Kantonalbank with due diligence and may contain information from carefully selected third party sources. However, Zürcher Kantonalbank does not guarantee the accuracy and completeness of the information contained therein and disclaims any liability for damages resulting from the use of the document. The recipient is advised to check the information, if necessary with the assistance of an advisor, for compatibility with his or her personal circumstances and for legal, regulatory, tax and other implications. The information contained in this document may be changed by Zürcher Kantonalbank at any time without prior notice.
Please note that any information on historical performance is not an indicator of current or future performance and that any performance data shown may not take into account the commissions and costs charged on the issue and redemption of fund units. Any estimates of future returns and risks contained in the document are for information purposes only. Zürcher Kantonalbank does not provide any guarantee in this regard. Every investment is associated with risks, in particular those of fluctuations in value, returns and possibly exchange rates. With regard to any statements concerning sustainability, it is pointed out that there is no generally accepted framework in Switzerland and no generally applicable list of factors to be taken into account in order to ensure the sustainability of investments.
This document has not been prepared by the "Financial Analysis" department within the meaning of the "Guidelines to Ensure the Independence of Financial Analysis" issued by the Swiss Bankers Association and is consequently not subject to these guidelines.
Unless otherwise stated, the information in this document refers to Swisscanto funds domiciled in Switzerland ("Swisscanto (CH)") and/or investment groups of Swisscanto Investment Foundations.
The sole binding basis for the acquisition of Swisscanto funds are the current fund documents (e.g. fund contracts/contractual conditions, prospectuses, essential investor information or basic information sheets as well as annual reports), which can be obtained at swisscanto.com, from Swisscanto Fondsleitung AG, Bahnhofstrasse 9, 8001 Zurich or from all offices of Zürcher Kantonalbank.
The sole binding basis for investments in investment groups of the Swisscanto Investment Foundations are the statutes, regulations, investment guidelines and any prospectuses of the Swisscanto Investment Foundation or the Swisscanto Avant Investment Foundation. These can be obtained from the Swisscanto Investment Foundations, Bahnhofstrasse 9, 8001 Zurich.