Green bonds

Climate-related portfolio ambitions of the Swiss Life Group

Green investment programme

Swiss Life ensures that parts of its new investments within its PAM portfolio are actively used to promote climate-friendly or sustainable technologies, projects and initiatives and has launched a green investment programme with the aim of increasing investments in green, social and sustainable bonds to CHF 2 billion by the end of 2023.

In the area of securities, Swiss Life has launched a programme for green investments in line with ICMA’s Green Bond Principles, Social Bond Principles and Sustainability Bond Guidelines. Green bonds aim to address sustainability matters such as renewable energy, the prevention and reduction of negative impacts on the environment, and the circular economy. Social and sustainable bonds also relate to the corresponding themes. Between the launch of the green investment programme and the end of 2023, Swiss Life invested around CHF 2.5 billion within the scope of the PAM portfolio. To achieve this target, Swiss Life continuously expanded its investments in green, social and sustainable bonds following the launch of the programme.

In addition to its green investment programme, which encompasses investments in green, social and sustainability bonds, Swiss Life has itself also been issuing green bonds since 2019. The green bonds issued by Swiss Life are used to finance assets and investments that meet selected criteria. These criteria are set out in Swiss Life’s “Green Bond Framework”, which is in line with both the ICMA’s Green Bond Principles and Swiss Life Asset Managers’ responsible investment approach. As at the end of 2023, Swiss Life had CHF 400 million and EUR 600 million outstanding in green bonds.

Green investment programme