Climate Change

The fourth sus­tain­abil­i­ty re­port of the in­sur­ance in­dus­try pro­vides in­for­ma­tion on the in­dus­try's wide-rang­ing mea­sures in the area of en­vi­ron­men­tal, fi­nan­cial and so­cial sus­tain­abil­i­ty.

In its fourth year now, the pri­vate in­sur­ers’ sus­tain­abil­i­ty re­port has demon­strat­ed that sus­tain­abil­i­ty is tak­en in­to ac­count at all stages in the val­ue chain.

With their six in­di­ca­tors, the Swiss Cli­mate Scores cre­ate trans­paren­cy and pro­mote in­vest­ment de­ci­sions that con­tribute to achiev­ing cli­mate goals.

The pro­por­tion of fi­nanc­ing so­lu­tions, as­sets and pre­mi­ums com­mit­ted to the net-ze­ro tar­get is in­creas­ing.

De­spite the pan­dem­ic and a sum­mer marred by bad weath­er, the Swiss in­sur­ance in­dus­try once again suc­ceed­ed in mak­ing the var­i­ous as­pects of sus­tain­abil­i­ty an even firmer com­po­nent of its busi­ness.

The Swiss In­sur­ance As­so­ci­a­tion SIA is join­ing the Unit­ed Na­tions-con­vened Net-Ze­ro As­set Own­er Al­liance as a sup­port­er.

An in­creas­ing num­ber of in­sur­ers are in­te­grat­ing ESG cri­te­ria in their in­vest­ment process. Sus­tain­abil­i­ty cri­te­ria are in­volved in 83 per cent of in­vest­ments.

Cli­mate change is ac­cel­er­at­ing and now af­fects all ar­eas of our lives. Gun­thard Nieder­bäumer ex­plains what in­sur­ers can and should do to slow down this trend.