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 2019 is fully integrated into our 2019 Sustainability Report. 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.
Our Sustainable Business Risk Framework
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.
Our Sustainable Business Risk Framework
swissre.com: Main concerns in key sectors
Principle 4: The elimination of all forms of forced and compulsory labour.
Our Sustainable Business Risk Framework
Principle 5: The effective abolition of child labour.
Our Sustainable Business Risk Framework
Principle 6: The elimination of discrimination in respect of employment and occupation.
Environment
Principle 7: Business should support a precautionary approach to environmental challenges.
Focus: 2030 Sustainability Ambitions
Natural catastrophes and climate change
Strengthening risk resilience: 2019 highlights
Our Sustainable Business Risk Framework
Mitigating climate risk and advancing the energy transition
Collaboration with (inter-)governmental and academic institutions
Principle 8: Undertake initiatives to promote greater environmental responsibility
Focus: 2030 Sustainability Ambitions
Natural catastrophes and climate change
Strengthening risk resilience: 2019 highlights
Our Sustainable Business Risk Framework
Investments, especially: How we engage
Mitigating climate risk and advancing the energy transition
Collaboration with (inter-)governmental and academic institutions
Principle 9: Encourage the development and diffusion of environmentally friendly technologies.
Focus: 2030 Sustainability Ambitions
Mitigating climate risk and advancing the energy transition
Reducing our footprint, especially: Committing to reach net-zero emissions by 2030