Minimizing our environmental footprint
Environmental management is part of Zurich’s overarching approach to sustainability. We apply good governance practices to ensure that our own behavior reinforces our ambition to be recognized as one of the world’s leading sustainable companies:
- We are transparent: We have identified material environmental indicators, and publically disclose our environmental data.
- We are accountable: We set concrete environmental targets and report on our progress on an annual basis.
- We apply a continuous improvement approach: Our environmental management system is based on ISO 14001. This helps us to keep in line with evolving best practices.
After reaching a 50 percent reduction in CO2e per employee, and 40 percent reduction in energy per employee in 2016 (compared against a 2007 baseline), Zurich readily committed to a further 20 percent reduction by 2025 against a new baseline year of 2015. We also set a new target on copy paper quality to ensure that the paper we use as part of our daily operations comes from responsibly managed sources.
|#1||Total carbon emissions||Achieve and maintain an at least 20 percent reduction in total carbon emissions per employee compared to 2015 until 2025||CO2e metric tons / FTE|
|#2||Facilities emissions||Achieve and maintain an at least 20 percent reduction in total facilities emissions per employee compared to 2015 until 2025||CO2e metric tons / FTE|
|#3||Business travel emissions||Achieve and maintain an at least 20 percent reduction in total business travel emissions per employee compared to 2015 until 2025||CO2e metric tons / FTE|
|#4||Energy consumption||Achieve and maintain an at least 20 percent reduction in total energy consumption per employee compared to 2015 until 2025||Energy consumption MWh / FTE|
|#5||Renewable electricity||Purchase 100% certified renewable electricity across all operations by end 2022||% renewable electricity out of total electricity consumption|
|#6||Copy paper purchased||Achieve and maintain at least 80 percent FSC certified paper purchased compared to 2015 levels until 2025||
% FSC certified copy paper
Zurich’s commitment to carbon neutrality remains unchanged.
How Zurich manages environmental risks and opportunities is outlined in Zurich’s Group Environmental Policy
At Zurich, we confront the risks posed by climate change through our insurance business; by helping our customers and communities become more resilient to natural disasters and extreme weather; by offering insurance products to foster sustainable development, through our responsible investment approach; and by reducing our own carbon footprint. Read more about Zurich’s position on climate change
Zurich is carbon neutral
Zurich became carbon neutral as of 2014 through its ambitious internal carbon emissions reduction efforts and by offsetting remaining emissions. Zurich is focused first and foremost on, wherever possible, decreasing its carbon emissions. Carbon emissions that cannot be eliminated will be offset. Read more