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Swiss Life Asset Managers UK is proud to announce the launch of the ‘Empowering Places’ UK social value strategy and community fund, in partnership with our charity fund, the Property Income Trust for Charities (PITCH). This strategy is the culmination of an extensive social value project completed in 2022 and signals our continued commitment to creating positive social impact within the communities in which we invest.

Our strategy: ‘Empowering Places’

We believe in delivering social impact in the places in which we invest. That’s why we are focussing our UK social value strategy on uplifting the communities around our property assets, delivering tailored impacts that respond to the needs of local communities.

Our strategy is ‘place based’ and aims to tackle these challenges by relying on local authority data and the close community connections of local charities, so that we have a clear understanding of the needs within the communities in which we invest.

Swiss Life Asset Managers UK Community Fund in partnership with PITCH

• We plan to deliver on this commitment through the launch of our UK Community Fund that will be delivered in partnership with our Property Income Trust for Charities (PITCH) Fund. This includes a commitment of £20,000 in 2023 to support local community projects and causes.
• In addition to this, we plan to review our processes and policies to incorporate social value considerations, and to use our influence to engage with our supply chain and collaborate with our partners to maximise our impact.

In line with our strategy and culture of transparency, we will collect data to support best practice social value measurement and we look forward to reporting on our progress in 2024.

The PITCH management team are delighted to be introducing this initiative, which enhances the 'Social' credentials of the Fund's ESG strategy whilst helping deliver positive societal change in areas where we invest.

To read the summary document ‘Empowering Places’ please click here and for further details, please find a briefing note accessible via the following link.

Please note we will be holding a Webinar to update investors on PITCH and the Social Value Strategy on Tuesday 5 September 2023 – if you would like to attend please contact Georgie Lockwood.

*Swiss Life Asset Managers UK and The Property income Trust for Charities have each contributed £10,000 to the UK Community Fund to support local community projects in 2023. All donations are paid for separately.