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. In this context, the calculation of environmental indicators was further refined during the year under review.
The main changes in the 2024 financial year were as follows:
- The establishment of the new Swiss Life Wealth Management Ltd legal entity in Switzerland on 1 January 2024 led to the move to the new location at Räffelstrasse in Zurich.
- Following an internal review of the scope of application during the year under review, Swiss Life Asset Management Ltd integrated the Bleicherweg location in Zurich with effect from 1 January 2024. The employees were previously included in an extrapolation.
- At Swiss Life France, detailed data for the Ma Santé Facile location will be recorded from 2024.
- Acquisition of Wilfast Förvaltning AB by Swiss Life Asset Managers in Sweden: The number of employees is less than 30 FTEs. They were previously included in an extrapolation.
- Detailed data was not recorded for Swiss Life International’s four locations in Liverpool, Preston, Cardiff and Basingstoke due to the number of employees falling below 30 FTEs; they were included in an extrapolation for 2024.
- The emission factors for the scientific database Ecoinvent have been updated. For example, the CO₂ factors used in Ecoinvent 3.10 have been adjusted in line with those in Ecoinvent 3.11.
Absolute environmental indicators
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| Indicator | Unit | 2024 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|---|
| Total building energy | kWh | 30 265 883 | 30 761 392 | 32 812 574 | ||||
| Electricity consumption in buildings | kWh | 17 616 908 | 17 071 496 | 17 204 564 | ||||
| Proportion of renewable electricity | % | 100 | 100 | 100 | ||||
| Fuel consumption in buildings | kWh | 8 786 346 | 9 433 228 | 11 774 610 | ||||
| Fossil fuel consumption | kWh | 7 086 503 | 7 874 490 | 11 110 147 | ||||
| Renewable energy consumption | kWh | 1 699 843 | 1 558 738 | 664 463 | ||||
| Proportion of renewable fuels | % | 19 | 17 | 6 | ||||
| Consumption of district heating in buildings | kWh | 2 860 786 | 2 359 763 | 2 191 895 | ||||
| Extrapolation of entire building energy – Group | kWh | 1 001 843 | 1 896 906 | 1 641 505 | ||||
| Total business travel | km | 58 331 575 | 47 868 341 | 40 070 743 | ||||
| Journeys by public transport: rail | km | 13 272 301 | 12 565 210 | 10 663 632 | ||||
| Journeys by public transport: bus | km | 106 097 | 227 248 | – | ||||
| Car journeys – own fleet and leased vehicles | km | 12 977 565 | 13 692 391 | 12 308 997 | ||||
| Car journeys in third-party vehicles – rental cars, expense trips and taxis 1 | km | 20 920 701 | 11 377 843 | 11 136 998 | ||||
| Air travel | km | 10 284 815 | 8 680 701 | 5 355 048 | ||||
| Extrapolation of all business travel – Group | km | 770 095 | 1 324 949 | 606 068 | ||||
| Total paper consumption | kg | 559 642 | 531 836 | 564 154 | ||||
| Proportion of recycled paper | % | 19 | 16 | 17 | ||||
| Extrapolation of total paper consumption – Group | kg | 15 301 | 33 920 | 31 304 | ||||
| Total water consumption | m3 | 65 848 | 62 984 | 59 426 | ||||
| Extrapolation of total water consumption – Group | m3 | 2 964 | 4 607 | 4 082 | ||||
| Total waste | kg | 643 484 | 702 906 | 684 475 | ||||
| Proportion of recycled waste | % | 54 | 50 | – | ||||
| Extrapolation of total waste – Group | kg | 29 312 | 50 693 | 42 742 | ||||
| Total loss of coolants and refrigerants | kg | – | – | 34 | ||||
| Total emissions 2 | t CO2e | 15 889 | 14 251 | 16 362 | ||||
| Scope 1 emissions 3 | t CO2e | 5 842 | 7 095 | 7 406 | ||||
| Scope 2 emissions 3 | t CO2e | 885 | 388 | 414 | ||||
| Scope 3 emissions 1 | t CO2e | 9 162 | 6 768 | 8 542 | ||||
| Scope 3 emissions Cat. 1 "Purchased goods & services (paper, water)" | t CO2e | 497 | 462 | 512 | ||||
| Scope 3 emissions Cat. 3 "Energy activities" 3 | t CO2e | 328 | 736 | 906 | ||||
| Scope 3 emissions Cat. 5 "Waste" | t CO2e | 183 | 232 | 195 | ||||
| Scope 3 emissions Cat. 6 "Business travel" 1, 2 | t CO2e | 8 155 | 5 337 | 6 930 |
Relative environmental indicators per FTE
| Indicator | Unit | 2024 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|---|
| Number of full-time employees | FTE | 10 850 | 10 442 | 10 126 | ||||
| Building energy | kWh/FTE | 2 789 | 2 946 | 3 241 | ||||
| Business travel 1 | km/FTE | 5 376 | 4 585 | 3 957 | ||||
| Paper consumption | kg/FTE | 52 | 51 | 56 | ||||
| Water consumption | m3/FTE | 6 | 6 | 6 | ||||
| Waste | kg/FTE | 59 | 67 | 68 | ||||
| Total emissions 2 | kg CO2e/FTE | 1 464 | 1 365 | 1 616 | ||||
| Scope 1 emissions 3 | kg CO2e/FTE | 538 | 679 | 731 | ||||
| Scope 2 emissions 3 | kg CO2e/FTE | 82 | 37 | 41 | ||||
| Scope 3 emissions 1, 3 | kg CO2e/FTE | 844 | 648 | 844 | ||||
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1 The number of car kilometres driven by Sales Force employees in direct employment with Swiss Life in France (462 FTEs) was surveyed during the reporting period and included for the first time in 2024. This data was not reported in the previous reporting periods 2019–2023. A possible restatement of the corresponding data in the baseline year 2019 will be considered in the next reporting period.
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2 Emissions caused by advisors who have a direct employee relationship with Swiss Life are also included.
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3 Emissions relating to vacant building floorspace are also reported under scope 1, 2 and 3.
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