Changes in the data basis

Swiss Life continuously reviews the data basis relating to the real estate used by Swiss Life. This includes checking the plausibility of extrapolations, emission factors, acquisitions and disposals of business activities.

The main changes are as follows:

• With the acquisition of fb research by Swiss Life Germany on 1 January 2023, an additional location in Hanover (85 FTE as at 31 December 2023) was integrated along with the corresponding environmental indicators.
• As a result of an internal review of the scope of application during the year under review, the Axenta location in Dättwil (46 FTE as at 31 December 2023) and a Swiss Life company building in Lausanne (57 FTE as at 31 December 2023) were added to Swiss Life Switzerland with effect from 1 January 2023. These were previously included in an extrapolation.
• As a result of an internal review of the scope of application during the year under review, the Principal & Prosper location in Edinburgh (47 FTE as at 31 December 2023) was added to Swiss Life International on 1 January 2023. This was previously included in an extrapolation.
• From 2023, Swiss Life is also including recycled waste as a share of total waste in its environmental indicators. The recycling waste is calculated based on the assumption that bio-waste, glass, paper, metal, printer cartridges, batteries, clothing and accessories, plastics and aluminium cans are recycled at the main Swiss Life locations in Switzerland, Germany and France.
• From 2023, Swiss Life is stating its “business travel” emissions in more detail and has added a new category, “Journeys by public transport: bus”.
• The emission factors in the scientific database Ecoinvent have been updated in accordance with the new version 3.10 dated 2023. Emission factors from Mobitool Version 3 have been used for electric and hybrid vehicles since the reporting year. Updating the emission factors increased total emissions by 5%.