Zurich implementing 25% cut in carbon intensity for listed equity/corporate bond investments

Written by Adam Cadle

31/03/2021

Zurich is implementing a 25% cut in carbon intensity planned for listed equity and corporate bond investments by 2025.

The insurer is also incorporating a 30% cut targeted for direct real estate investments and emissions from operations are to be cut by 50% by 2025 and 70% by 2029

Group CEO Mario Greco said: “Our role as an insurer is to protect people and climate change is the greatest risk there is. We are using our influence as a global insurer and investor to drive deep cuts in emissions, because working with others is where we can make the biggest impact.

“Our own operations have been carbon neutral since 2014, and we’ve since been focused on reducing our remaining emissions. Over the next few years, big cuts will come from measures such as switching to renewable power and electric vehicles, savings in data centres and curbing business travel.” 

Related Articles