Zurich receives MSCI's highest ESG rating

Zurich’ ESG rating has been upgraded to 'AAA' from 'AA' by MSCI. MSCI ESG Ratings aim to measure a company's resilience to long-term ESG risks. Companies are scored on an industry-relative AAA-CCC scale across the most relevant key Issues based on a company's business model.

According to the rating report Zurich leads global peers on climate risk mitigation initiatives as well as on corporate governance practices.

The report highlighted the strong climate risk mitigation initiatives launched by Zurich, including insurance for electric vehicles and renewable energy.

In terms of governance, Zurich’s board has majority independence, an independent chair and 55% female representation.

As an UN PRI signatory, Zurich integrates ESG factors into its investment activities. Zurich is a founding member of the Net-Zero Insurance Alliance and the Net-Zero Asset Owner Alliance. It has committed to achieve net-zero carbon emissions in its underwriting and investment portfolios by 2050. Zurich also intends to achieve net-zero emissions in operations by 2030.

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