Memberships, commitments and index listings
Listed here is a selection of Swiss Re’s most important memberships and commitments with regard to sustainability.
Memberships and commitments
CDP is a not-for-profit charity that runs a global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts.
Chief Risk Officer (CRO) Forum
The CRO Forum is a group of professional risk managers from the insurance industry focusing on developing and promoting industry best practices in risk management. The forum consists of Chief Risk Officers from large multinational insurance companies. Swiss Re is a member of the sustainability working group.
CEO Action Group for the European Green Deal
Supported by the World Economic Forum, the group serves as a high-level platform for business leaders to support concrete plans and ideas to step up the game for climate positive action and demonstrate their commitment to the European Green Deal. The CEO Action group also helps promote sustainable practices in a series of lighthouse projects.
ClimateWise helps the insurance industry to better communicate, disclose and respond to the risks and opportunities associated with the climate-risk protection gap.
European Commission’s Technical Expert Group on Sustainable Finance (TEG)
The TEG assists the European Commission in the development of a unified classification system for sustainable economic activities, an EU green bond standard, methodologies for low-carbon indices and metrics for climate-related disclosure.
In partnership with the Alliance to Save Energy, The Climate Group’s EP100 initiative brings together a growing group of energy-smart companies committed to improving their energy productivity.
FSB Task Force on Climate-related Financial Disclosures (TCFD)
The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. Its Task Force on Climate-related Financial Disclosures has developed voluntary, consistent climate-related financial disclosures
Insurance Development Forum (IDF)
The IDF is a public-private partnership led by the insurance industry and supported by international organisations. It aims to optimise and extend the use of insurance and its related risk management capabilities to build greater resilience and protection for people, communities, businesses, and public institutions vulnerable to disasters and their associated economic shocks.
The InsuResilience Global Partnership for Climate and Disaster Risk Finance and Insurance Solutions brings together countries, civil society, international organisations, the private sector, and academia. It particularly builds on a collaobration between the G20 and the V20 countries.
Klimastiftung Schweiz (Swiss Climate Foundation)
The Swiss Climate Foundation is a voluntary initiative by business for business. The Foundation’s mission is to promote climate protection and strengthen Switzerland and Liechtenstein as business locations. Swiss Re is one of the foundation’s members and sponsors its managing director.
Net-Zero Asset Owner Alliance
The Net-Zero Asset Owner Alliance is an international group of institutional investors delivering on the commitment to transition their investment portfolios to net-zero GHG emissions by 2050, showing united investor action to align portfolios with a 1.5°C scenario. Swiss Re is a co-founder.
Net-Zero Insurance Alliance
The UN-convened Net-Zero Insurance Alliance (NZIA) brings together 21 (as of March 2022) of the world’s leading insurers and reinsurers to play their part in accelerating the transition to net-zero emissions economies. They are committing to individually transition their underwriting portfolios to net-zero greenhouse gas (GHG) emissions by 2050. Swiss Re is a co-founder.
Paris Pledge for Action
By joining the Paris Pledge for Action, businesses, cities, civil society groups, investors, regions, trade unions and other signatories have promised to ensure that the ambition set out by the Paris Agreement is met or exceeded to limit the global temperature rise to less than 2°C.
Poseidon Principles for Marine Insurance
This initiative supports the shipping industry’s decarbonisation by setting out a framework for assessing and disclosing the climate alignment of hull insurers’ portfolios.
Powering Past Coal Alliance (PPCA)
A coalition of national and sub-national governments, businesses and organisations working to advance the transition from unabated coal power generation to clean energy.
Principles for Responsible Investment (PRI)
The PRI is the world’s leading proponent of responsible investment. It works to understand the investment implications of ESG factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. Swiss Re’s PRI assessment is available here.
Principles for Sustainable Insurance (PSI)
The UNEP FI Principles for Sustainable Insurance (PSI) serve as a global framework for the insurance industry to address environmental, social and governance risks and opportunities. We are a member of both the PSI and the UNEP Finance Initiative (UNEP FI), a partnership between UNEP and the global financial sector to mobilise private sector finance for sustainable development.
Led by The Climate Group and in partnership with CDP, RE100 is a global corporate leadership initiative bringing together influential businesses committed to 100% renewable electricity.
swisscleantech is a Swiss business association. Its mission is to bring companies together that are in favour of environmentally responsible business practices.
Swiss Sustainable Finance (SSF)
By shaping and informing on best practice and creating supportive frameworks and tools, SSF supports its members and cooperates with other actors in order for the Swiss financial centre to achieve a leading position in sustainable finance.
Task Force on Nature-related Financial Disclosures (TNFD)
35 Taskforce Members, including Swiss Re, were selected for their sector, their geographical coverage and their subject-matter expertise. The aim is to develop and deliver a risk management and disclosure framework for organisations to report and act on evolving nature-related risks.
UN Global Compact
The UN Global Compact helps companies do business responsibly by aligning their strategies and operations with its ten principles on human rights, labour, environment and anti-corruption; it also helps them take strategic actions to advance broader societal goals, such as the UN Sustainable Development Goals. In 2019, we signed the UN Global Compact Business Ambition for 1.5°C.
WEF Alliance of CEO Climate Leaders
A global network of chief executive officers who see the business benefits of bold and proactive action to ensure a smooth transition to a low-carbon and climate-resilient economy. Swiss Re’s CEO Christian Mumenthaler has Co-Chaired the Alliance since 2020.
World Business Council for Sustainable Development (WBCSD)
The WBCSD is a global, CEO-led organisation of over 250 leading businesses working together to accelerate the transition to a sustainable world.