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

swissre.com: Main concerns in key sectors

Investments: Exclusion

Sustainability in our supply chain

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

Our Sustainable Business Risk Framework

Investments: Exclusion

Sustainability in our supply chain

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

Investments: Exclusion

Sustainability in our supply chain

Employee relations

Principle 6: The elimination of discrimination in respect of employment and occupation.

Sustainability in our supply chain

Build for the future

Listening to our employees

Governance

Environment

Principle 9: Encourage the development and diffusion of environmentally friendly technologies.

Our Sustainability Topics

Focus: 2030 Sustainability Ambitions

Insuring offshore wind farms

Investments: Inclusion

Mitigating climate risk and advancing the energy transition

Reducing our footprint, especially: Committing to reach net-zero emissions by 2030

Anti-Corruption

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

Governance