Switzerland Zurich Insurance to Stop Underwriting New Oil & Gas Projects But Will Continue to Underwrite Existing Projects, Zurich Insurance Targets Net Zero Emissions by 2050, Zurich Insurance Group Withdrew from Net Zero Insurance Alliance in 2023
11th April 2024 | Hong Kong
Switzerland Zurich Insurance Group will stop underwriting new oil & gas projects but will continue to underwrite existing projects. Zurich Insurance has targeted net zero emissions by 2050, and in 2023, Zurich Insurance Group had withdrew from the Net Zero Insurance Alliance. Zurich Insurance Group (Zurich) is a leading multi-line insurer serving people and businesses in more than 200 countries and territories. Founded 150 years ago, Zurich is transforming insurance. In addition to providing insurance protection, Zurich is increasingly offering prevention services such as those that promote wellbeing and enhance climate resilience. Reflecting its purpose to ‘create a brighter future together,’ Zurich aspires to be one of the most responsible and impactful businesses in the world. It is targeting net-zero emissions by 2050 and has the highest-possible ESG rating from MSCI. In 2020, Zurich launched the Zurich Forest project to support reforestation and biodiversity restoration in Brazil. The Group has about 60,000 employees and is headquartered in Zurich, Switzerland. Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX.
“ Switzerland Zurich Insurance to Stop Underwriting New Oil & Gas Projects But Will Continue to Underwrite Existing Projects, Zurich Insurance Targets Net Zero Emissions by 2050, Zurich Insurance Group Withdrew from Net Zero Insurance Alliance in 2023 “
Switzerland Zurich Insurance to Stop Underwriting New Oil & Gas Projects But Will Continue to Underwrite Existing Projects, Zurich Insurance Targets Net Zero Emissions by 2050, Zurich Insurance Group Withdrew from Net Zero Insurance Alliance in 2023
Zurich Insurance Group (Zurich) is a leading multi-line insurer serving people and businesses in more than 200 countries and territories. Founded 150 years ago, Zurich is transforming insurance. In addition to providing insurance protection, Zurich is increasingly offering prevention services such as those that promote wellbeing and enhance climate resilience. Reflecting its purpose to ‘create a brighter future together,’ Zurich aspires to be one of the most responsible and impactful businesses in the world. It is targeting net-zero emissions by 2050 and has the highest-possible ESG rating from MSCI. In 2020, Zurich launched the Zurich Forest project to support reforestation and biodiversity restoration in Brazil. The Group has about 60,000 employees and is headquartered in Zurich, Switzerland. Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX.
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