Psp Swiss Property
Psp Swiss Property AG, commonly referred to as PSP, is a prominent player in the Swiss real estate sector, headquartered in Switzerland (CH). Established in 2000, the company has carved a niche in property investment and management, focusing primarily on commercial and residential real estate across major Swiss cities. PSP Swiss Property is renowned for its extensive portfolio, which includes high-quality office spaces and residential properties, distinguished by their strategic locations and sustainable design. The firm has achieved significant milestones, including a strong market position as one of Switzerland's leading real estate investment companies. With a commitment to innovation and sustainability, PSP continues to set benchmarks in the industry, making it a trusted name for investors and tenants alike.
DitchCarbon Score
How does Psp Swiss Property's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Psp Swiss Property's score of 41 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Psp Swiss Property's reported carbon emissions
In 2023, PSP Swiss Property reported total carbon emissions of approximately 8,415,000 kg CO2e. This figure includes 6,040,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 2,333,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. Additionally, Scope 3 emissions accounted for about 1,376,600 kg CO2e, primarily from purchased goods and services (1,372,000 kg CO2e) and business travel (42,600 kg CO2e). Comparatively, in 2022, the total emissions were higher at approximately 9,467,000 kg CO2e, with Scope 1 emissions at 6,697,000 kg CO2e and Scope 2 at 2,732,000 kg CO2e. This indicates a significant reduction in total emissions of about 1,052,000 kg CO2e from 2022 to 2023. Despite these reductions, PSP Swiss Property has not publicly committed to specific reduction targets through the Science Based Targets initiative (SBTi) or other formal climate pledges. The company’s emissions data is independently reported and does not cascade from a parent organization, ensuring that the figures reflect its own operational impact. Overall, PSP Swiss Property is actively monitoring its carbon footprint and has demonstrated a commitment to reducing emissions, although further formal commitments could enhance its climate strategy.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 9,699,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,425,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 55,000 | 00,000 | 00,000 | 00,000 | - | - | 00,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Psp Swiss Property is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
