The Pension Fund SBB, which has around 56,000 members and a capital of over 17 billion Swiss francs, is one of the largest pension funds in Switzerland. In addition to the pension scheme of SBB employees, the pension fund also covers the pension provision for staff of other companies operating in the same field as SBB. The Pension Fund SBB has been involved in EEC’s institutional investors group since 2022.
Energy and climate
The board of trustees of the Pension Fund SBB first adopted a sustainability policy in 2015 and completely revised it in 2021. Following this revision, the importance of the climate issue in the context of asset investments has increased significantly, and specific targets for the decarbonisation of asset investments have been defined. The Pension Fund SBB has set itself the goal of reducing the carbon footprint of its portfolio of equities and corporate bonds by the end of 2022 by 30 per cent, compared with the benchmark, and by 50 per cent by 2030, compared with the base year 2020. The Pension Fund SBB is also measuring the carbon footprint of its portfolio of directly held real estate properties and has drawn up a reduction path with a corresponding catalogue of measures, with the aim of reducing its carbon footprint by 50 per cent by 2030, compared with 2020. In addition, since the middle of 2022 the Pension Fund SBB has been offering a “renovation mortgage”, to make it easier for its mortgage customers to renovate their properties sustainably.
Current information on the implementation status of this participant’s targets and measures is published in our Energy and Climate Report. The Pension Fund SBB also provides information on its own website about its commitments in the area of energy and climate.