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