Our actions for a brighter future

While to date Zurich Life has not adopted a broad-based exclusionary approach to investments there are certain situations where we believe exclusion criteria are justified. Hence, in keeping with Zurich Group’s commitments under the UN Global Compact, Zurich Life does not engage in any business with, or directly invest in companies involved in the production of cluster munitions and anti-personnel landmines. Additionally, recognising the particularly harmful impact of coal on climate, Zurich Life has aligned with Zurich Group’s approach of excluding investments in thermal coal companies and has divested from equity holdings in companies that derive more than 30% of their revenues from mining thermal coal, or utility companies that generate more than half of their energy from coal.

Excluding coal from Zurich business

  • Zurich supports Paris accord on combatting global warming
  • Carbon not priced sufficiently to discourage the use of coal
  • Facilitate and accelerate the move to a low carbon economy

2018 Selectively exclude coal related companies from Group underwriting and investing activities

2019 Extend coal exclusions to policyholder funds

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