Weighted average carbon intensity
In order to aggregate the carbon intensity of issuers and real estate at portfolio level, Swiss Life works with the weighted average carbon intensity. The weightings wi correspond to the portfolio weightings based on amortised costs for government and corporate bonds, the portfolio weightings based on market values for equities and the portfolio weightings based on floor areas for real estate.
Weighted average carbon intensity
=
∑i wi · (carbon intensity) i