Memberships, commitments and index listings
Listed here is a selection of Swiss Re’s most important memberships, commitments and index listings with regard to sustainability.
Memberships and commitments
CDP is a not-for-profit charity that runs a global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts.
Chief Risk Officer (CRO) Forum
The CRO Forum is a group of professional risk managers from the insurance industry that focuses on developing and promoting industry best practices in risk management. The forum consists of Chief Risk Officers from large multinational insurance companies. Swiss Re is a member of the sustainability working group.
ClimateWise helps the insurance industry to better communicate, disclose and respond to the risks and opportunities associated with the climate-risk protection gap. This is the growing divide between total economic and insured losses attributed to climate change.
European Commission’s Technical Expert Group on Sustainable Finance (TEG)
The TEG assists the European Commission in the development of a unified classification system for sustainable economic activities, an EU green bond standard, methodologies for low-carbon indices and metrics for climate-related disclosure.
FSB Task Force on Climate-related Financial Disclosures (TCFD)
The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. Its Task Force on Climate-related Financial Disclosures has developed voluntary, consistent climate-related financial disclosures.
Insurance Development Forum (IDF)
The IDF is a public-private partnership led by the insurance industry and supported by international organisations. It aims to optimise and extend the use of insurance and its related risk management capabilities to build greater resilience and protection for people, communities, businesses, and public institutions that are vulnerable to disasters and their associated economic shocks.
Klimastiftung Schweiz (Swiss Climate Foundation)
The Swiss Climate Foundation is a voluntary initiative by business for business. The Foundation’s mission is to promote climate protection and strengthen Switzerland and Liechtenstein as business locations. Swiss Re is one of the foundation’s members and is sponsoring its managing director.
Net-Zero Asset Owner Alliance
The Net-Zero Asset Owner Alliance is an international group of institutional investors delivering on the commitment to transition their investment portfolios to net-zero GHG emissions by 2050, showing united investor action to align portfolios with a 1.5°C scenario. Swiss Re is a co-founder of the Alliance.
Paris Pledge for Action
By joining the Paris Pledge for Action, businesses, cities, civil society groups, investors, regions, trade unions and other signatories have promised to ensure that the ambition set out by the Paris Agreement is met or exceeded to limit the global temperature rise to less than 2°C.
Powering Past Coal Alliance (PPCA)
The PPCA is a coalition of national and sub-national governments, businesses and organisations working to advance the transition from unabated coal power generation to clean energy.
Principles for Responsible Investment (PRI)
The PRI is the world’s leading proponent of responsible investment. It works to understand the investment implications of ESG factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. Swiss Re’s PRI assessment is available here.
Principles for Sustainable Insurance (PSI)
The UNEP FI Principles for Sustainable Insurance (PSI) serve as a global framework for the insurance industry to address environmental, social and governance risks and opportunities. We are a member of both the PSI and the UNEP Finance Initiative (UNEP FI), a partnership between UNEP and the global financial sector to mobilise private sector finance for sustainable development.
RE100 and EP100
Led by The Climate Group, a non-profit organization that works with business and government leaders around the world to address climate change, and in partnership with CDP, RE100 is a global corporate leadership initiative bringing together influential businesses committed to 100% renewable electricity.
In partnership with the Alliance to Save Energy, The Climate Group’s EP100 initiative brings together a growing group of energy-smart companies committed to improving their energy productivity and doing more with less.
swisscleantech is a Swiss cleantech business association. Its mission is to bring companies together that are in favour of environmentally responsible business practices.
Swiss Sustainable Finance (SSF)
By shaping and informing on best practice and creating supportive frameworks and tools, SSF supports its members and cooperates with other actors in order for the Swiss financial centre to achieve a leading position in sustainable finance.
UN Global Compact
The UN Global Compact helps companies to do business responsibly by aligning their strategies and operations with its ten principles on human rights, labour, environment and anti-corruption; and it also helps them to take strategic actions to advance broader societal goals, such as the UN Sustainable Development Goals. In 2019, we signed the UN Global Compact Business Ambition for 1.5°C.
WEF Alliance of CEO Climate Leaders
The Alliance of CEO Climate Leaders is a global network of chief executive officers who see the business benefits of bold and proactive action to ensure a smooth transition to a low-carbon and climate-resilient economy. Swiss Re’s CEO Christian Mumenthaler has been Co-Chair of the Alliance since 2020. Furthermore, Swiss Re is an active member of the “WEF CEO Action Group for the European Green Deal”.
World Business Council for Sustainable Development (WBCSD)
The WBCSD is a global, CEO-led organization of over 250 leading businesses working together to accelerate the transition to a sustainable world.