PSP Swiss Property AG

Unverified
XFID Unique Identifier for PSP Swiss Property AG: XO9J0D19SX
Country
Switzerland
Sector
Real Estate
Website
www.psp.info
4 Frameworks
1 Impact Report
1 Second Party Opinion
XFID Type Title Year Source Retrieved
XF-JWZER35-I Impact Report PSP Swiss Property AG - Impact Report 2022 www.psp.info 31 Mar 2026
XF-K609BZA-1 Framework PSP Swiss Property AG - Framework Report 2025 ↑2022 www.psp.info 31 Mar 2026
XF-GAIXM6S-M Framework PSP GBF 2022 de 2022 www.psp.info 21 Feb 2026
XF-W2SYA9G-N Second Party Opinion ISS ESG Second Party Opinion — PSP Swiss Property AG 2022 www.psp.info 21 Feb 2026
XF-5SCTUO1-S Framework PSP GBF 2022 en 2022 →2025 www.psp.info 21 Feb 2026
XF-IVGGC9M-C Framework Green Finance Framework - PSP Swiss Property 1 Jan 2026

XF Company Profile

Extra-financial information found across 6 documents in the XframeworkID registry

NACE L Real Estate Activities

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
PSP Swiss Property AG, Switzerland FRAMEWORK 2022 2022
Issuer sector/industry classification
Real Estate Activities / Commercial Properties FRAMEWORK 2022 2022
Issuer type
Real Estate Investment Company FRAMEWORK 2022 2022
Core business activities and geographic focus
Letting commercial properties in Zurich, Geneva, Basel, Berne and Lausanne FRAMEWORK 2022 2022

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with ICMA Green Bond Principles June 2022 (four pillars: Use of Proceeds, Process for Project Evaluation and Selection, Management of Proceeds, Reporting) FRAMEWORK 2025 2025
Alignment with UN Sustainable Development Goals
Framework assessed for contribution to UN SDGs through green building and CO2 emissions reduction SPO 2022 2022

Green / Sustainable Finance Framework

Sustainable bond framework name and version
PSP Swiss Property Green Bond Framework 2025 FRAMEWORK 2025 2025
Framework publication date and update history
Original framework: November 2022; Updated framework: 2025 IMPACT 2022 2022
Bond types covered under framework
Green Bonds FRAMEWORK 2025 2025
Eligible use-of-proceeds categories
Green buildings that meet regional, national or internationally recognised standards or certifications for environmental performance FRAMEWORK 2025 2025
Real estate sustainability certification requirements
Properties must meet two criteria: (1) effective CO2 emissions and (2) ESG rating from Wüest Partner RE ESG Plus FRAMEWORK 2025 2025
Project evaluation and selection process description
Process for asset evaluation and selection aligned with ICMA Green Bond Principles FRAMEWORK 2025 2025
Management of proceeds approach
An amount equal to the proceeds of Green Bonds will be used to finance or refinance the Green Asset Portfolio FRAMEWORK 2025 2025
Reporting commitments under framework
Annual reporting on allocation and impact of Green Bond proceeds FRAMEWORK 2025 2025
Refinanced vs. newly financed project distinction
Framework covers both financing and refinancing of green assets FRAMEWORK 2025 2025

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Institutional Shareholder Services (ISS); 29 September 2022 FRAMEWORK 2022 2022
SPO assessment scope and methodology
Pre-issuance verification of PSP Green Bond Framework (as of September 23, 2022) and PSP eligibility criteria (as of September 23, 2022). Relevant standard: ICMA Green Bond Principles (June 2021). Validity: As long as there is no material change to the Framework FRAMEWORK 2022 2022

Corporate Strategy & Mission

Corporate mission and sustainability strategy
Main environmental objective is the reduction of CO2 emissions through green building financing FRAMEWORK 2025 2025

Issuance Details

Par or principal amount of bond and currency
CHF 1.8 billion (entire reclassified bond portfolio as of November 2022) IMPACT 2022 2022

Proceeds Allocation & Reporting

Percentage of proceeds allocated
100% Green Bond Portfolio FRAMEWORK 2025 2025

Changes Over Time

Items where disclosed information changed across documents.

SPO assessment date
2022 2022-09-29
2022 29 September 2022
Bond types covered under framework
2022 Green Bonds
2022 Green Bonds and Sustainability-Linked Loans
2022 Green Bonds
Alignment with ICMA Green Bond Principles
2022 Green Bond Principles (June 2021 version)
2022 Green Bond Principles (updated June 2021)
2025 GBP June 2022 (four pillars: Use of Proceeds, Process for Project Evaluation and Selection, Management of Proceeds, Reporting)
SPO assessment scope
2022 PSP Green Bond Framework and PSP eligibility criteria
2025 Alignment with GBP, consistency with sustainability policy, relevance and expected positive environmental and climate impact
Eligible use-of-proceeds categories
2022 Green buildings
2025 Green buildings that meet regional, national or internationally recognised standards or certifications for environmental performance

Document Updates

What changed between successive versions of documents.

2022 2025

PSP Swiss Property's Green Bond Framework was substantially restructured and strengthened between 2022 and 2025. The new framework significantly tightens eligibility criteria by introducing a dual-criterion approach requiring both carbon footprint performance (measured in kgCO2e/m2/yr) and ESG rating certification via Wüest Partner's RE ESG Plus system, moving away from the vaguer sustainability commitments in the 2022 version. The 2025 version also explicitly aligns with the ICMA Green Bond Principles (June 2022 edition) and establishes CO2 emissions reduction as the primary environmental objective, providing much more concrete technical definitions and measurement methodologies than previously available.

  • tightened Use of Proceeds — Added specific requirement that green buildings must meet recognized environmental performance standards or certifications, aligning with ICMA Green Bond Principles category for green buildings.
  • tightened Eligibility Criteria — Introduced dual-criterion eligibility framework requiring both carbon footprint measurement (kgCO2e/m2/yr in landlord-controlled scope 1 and 2) and ESG rating via Wüest Partner RE ESG Plus assessment.
  • added Eligibility Criteria — Added explicit carbon footprint benchmark metric using GHG Protocol market-based methodology as central component for defining eligible green buildings.
  • added Eligibility Criteria — Added requirement for property-specific ESG rating covering environmental, social, and governance aspects assessed by Wüest Partner.
  • added Climate Target — Established reduction of CO2 emissions as the main environmental objective under the framework, explicitly linked to achieving Paris climate goals.
  • added Standards Alignment — Added explicit alignment with ICMA Green Bond Principles (June 2022) including all four pillars: Use of Proceeds, Project Evaluation and Selection, Management of Proceeds, and Reporting.
  • added Standards Alignment — Added reference to Wüest Partner RE ESG Plus Rating system as the designated third-party assessment methodology for property ESG evaluation.