We are convinced that integrating environmental, social and governance (ESG) considerations into our investment portfolio makes economic sense. Our Responsible Investing strategy is based on the three cornerstones Enhancement, Inclusion and Exclusion.
2020 highlights:
- Held USD 2.6 billion in green, social and sustainability bonds at the end of 2020, which is more than 50% of our 2024 target of USD 4 billion.
- Set a target to increase our social and renewable infrastructure portfolio by USD 750 million by the end of 2024.
- Implemented our newly developed Engagement Framework in collaboration with our listed equities managers.
- For a full overview of highlights per asset class, see Enhancement.
“We make the world more resilient” is Swiss Re’s vision. More than ten years ago, our Asset Management unit embarked on a journey to not only generate risk-adjusted, stable long-term returns, but to also consider environmental, social and governance (ESG) aspects in our investment decisions. With this approach, our Asset Management has been steadily contributing to the Group’s vision of making the world more resilient.
Highlights among our achievements include the switch to ESG benchmarks in 2017, the selection to the PRI Leaders Group in 2019, the significant reduction in the carbon footprint of our corporate bond and listed equities portfolio since the start of measurement in 2015, and our net-zero commitment in 2019 in conjunction with co-founding the UN-convened Net-Zero Asset Owner Alliance.