UN Global Compact: our Communication on Progress (CoP)

Swiss Re is a signatory to the UN Global Compact and its ten principles:

“Corporate sustainability starts with a company’s value system and a principles-based approach to doing business. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anti-corruption. Responsible businesses enact the same values and principles wherever they have a presence and know that good practices in one area do not offset harm in another. By incorporating the Ten Principles of the UN Global Compact into strategies, policies and procedures, and establishing a culture of integrity, companies are not only upholding their basic responsibilities to people and planet, but also setting the stage for long-term success.”

Our Communication on Progress (CoP) for 2021 is fully integrated into our sustainability reporting, consisting of our Sustainability Report 2021 and our climate-related financial disclosures (TCFD) in our Financial Report 2021. Below you can find references to the relevant sections for each of the Compact’s ten principles.

Human Rights

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights.


Principle 2: Make sure that they are not complicit in human right abuses.


Labour

Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining.


Principle 4: The elimination of all forms of forced and compulsory labour.


Anti-Corruption

Principle 10: Business should work against corruption in all its forms, including extortion and bribery.