In 2022, Zurich introduced a carbon reduction ambition across our internally managed equity and credit portfolios. The aim is to reduce the carbon intensity of equity and credit portfolios in our multi-asset funds by 25% by 2025 vs 2019 levels.
This will be pursued within the framework of Zurich’s existing top-down active investment process. In order to support this ambition, we will monitor the carbon intensity of our portfolios versus a trend line, and report to existing internal oversight groups and committees.
We intend to achieve this by continuing and enhancing our existing use of environmental, social and governance (ESG) data, and by active voting and engagement with investee companies.