We apply a number of pre-defined criteria and qualitative standards that may lead to the exclusion of a company or a country from our investment scope if they do not meet these criteria and qualitative standards.

Swiss Re’s Group Sustainability Risk team develops and updates the Group-wide exclusion lists of countries and companies based on the Sustainability Risk Framework. Further information is available at: media.swissre.com

In order to mitigate the risk of stranded assets in light of an accelerating transition to a low-carbon economy, we avoid investments in companies that generate 30% or more of their revenues from thermal coal mining or that use at least 30% thermal coal for power generation.