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 2020 is fully integrated into our Sustainability Report 2020. 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
Publication: Swiss Re Sustainable Business Risk Framework
Principle 2: Make sure that they are not complicit in human right abuses.
Our Sustainable Business Risk Framework
Publication: Swiss Re Sustainable Business Risk Framework
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
Publication: Swiss Re Sustainable Business Risk Framework
Being a responsible investor: Exclusion
Principle 4: The elimination of all forms of forced and compulsory labour.
Our Sustainable Business Risk Framework
Publication: Swiss Re Sustainable Business Risk Framework
Principle 5: The effective abolition of child labour.
Our Sustainable Business Risk Framework
Publication: Swiss Re Sustainable Business Risk Framework
Principle 6: The elimination of discrimination in respect of employment and occupation.
Sustainability in our supply chain
Our Group People Strategy: We perform
Environment
Principle 7: Business should support a precautionary approach to environmental challenges.
Our topics, targets and achievements
Natural catastrophes and climate change
Strengthening risk resilience: 2020 highlights
Our Sustainable Business Risk Framework
Principle 8: Undertake initiatives to promote greater environmental responsibility
Our topics, targets and achievements
Natural catastrophes and climate change
Strengthening risk resilience: 2020 highlights
Our Sustainable Business Risk Framework
Being a responsible investor, especially: How we engage
Principle 9: Encourage the development and diffusion of environmentally friendly technologies.
Our topics, targets and achievements
Being a responsible investor: Inclusion
Engaging in dialogue with our stakeholdersAchieving net-zero emissions
Achieving net-zero emissions in our operations by 2030
Focus: Introducing our triple-digit Carbon Steering Levy