Strategy & governance
We aspire to be one of the most responsible and impactful businesses in the world
Zurich’s strategic approach to sustainability
Sustainability is about how we do business. We have integrated sustainability across the Group’s strategy, both globally and locally. As an advocate, adviser and role model, we want to empower individuals and organizations to act today and create a better tomorrow. To do this—and to build on our existing achievements—we have set two priorities for the strategic cycle 2023-2025. First, we aim to accelerate innovation for customer sustainability, offering sustainable solutions and inspiring trust and meaningful relationships with our customer and partners. Second, we work hard towards delivery of the bold ambitions that we set out in 2019 in regard to our net-zero journey, work sustainability principles and data commitment. We have also updated our strategic framework to view sustainability through three overlapping lenses: planet, customers and people.
Sustainability is an integral part of our governance
Our governance structure supports a stakeholder-inclusive approach. Embedding sustainability throughout our business will enable us to maximize our impact. We treat sustainability as an integral part of our governing system.
Remuneration
Our employees are helping shape Zurich Insurance Group (Zurich) into an organization of the future, one that delivers a positive customer experience, values and nurtures its people and acts responsibly for society and the planet. Zurich’s remuneration philosophy is an integral part of our overall offer to employees and supports them in making a positive contribution to the success of the company.
Sustainability risk
Sustainability risks are those risks associated with sustainability issues and topics. Like global risks, they are interdependent and often have emerging risk characteristics. They are typically long-term in nature and difficult to quantify as there is great uncertainty as to how they will develop.
