Enabling sustainable progress: 2015 Corporate Responsibility Report

Read about our strategic approach to corporate responsibility and how our actions in 2015 continue to support sustainable progress.

Our annual Corporate Responsibility Report is an essential part of our long-standing commitment as a responsible company. Like previous editions, the 2015 Report explains our approach to corporate responsibility and summarises our key achievements in products and services, risk management, stakeholder dialogue, internal environmental management, employee relations and corporate governance & compliance.

A key event: The COP21 Climate Change Conference in Paris

Swiss Re has been playing a major role in the climate change debate for many years. The UN Climate Change Conference 2015 (COP21) in Paris was a highlight for us: with 195 nations present, the conference brought a legally binding agreement to cap global warming at 2° Celsius over pre-industrial levels or less. We supported the negotiation process both before and during the event. Read more about our contribution to the COP21 in the "Shaping and exploring the risk landscape" chapter.

Helping our clients address climate change

Re/insurance solutions that support efforts to adapt to or mitigate climate change play an important part in our core business. In 2015, for example, we started to provide reinsurance cover to the Florida Hurricane Catastrophe Fund and completed two new Economics of Climate Adaptation (ECA) studies in Bangladesh and San Salvador. We also remained active in the offshore wind farm sector, insuring large facilities, for example in the North Sea, but also the first-ever offshore wind farm in the US. Read about these and other solutions in the "Creating solutions for sustainability" chapter.

A new due-diligence tool for in-house sustainability screenings

We kept up our efforts to identify and assess potential sustainability risks in our business. Within our Sustainability Risk Framework, we introduced a new online assessment tool that makes it easier for our underwriters to carry out due-diligence checks on potential risks themselves. In the regulatory field, meanwhile, we have taken an active role in shaping up a major initiative to develop financial disclosure requirements on climate risks. You can read about these initiatives in the "Extending our risk intelligence" chapter.

What we do for our people

Living up to our vision of "making the world more resilient" means we need people from diverse backgrounds who share a passion for finding new solutions to global challenges. With our newly developed People Strategy we aim to build an organisation which inspires them to unleash their full potential. You can read about this in the "Empowering our people" chapter.

Tackling our own environmental footprint

The report also describes the actions we have taken to minimise our own environmental impacts, including the RE100 initiative and the long-established Greenhouse Neutral Programme. Learn more in the "Reducing our environmental footprint" chapter.

The report again doubles as annual Communication on Progress for the UN Global Compact and our Public Disclosure of Progress for the UNEP FI Principles for Sustainable Insurance (PSI), in which we continue to play an active role.

Get your copy

Download the 2015 Corporate Responsibility Report, view the online version, or order a hard copy from our library.

Corporate responsibility

Corporate responsibility

We have a long-standing commitment to corporate responsibility and strive to implement this across our business. Our performance has received high ratings from independent third-party organisations.

Read the whole story

Swiss Re Milizpreis 2018

On 4 June 2018, Renato Fassbind, Vice Chairman of Swiss Re’s Board of Directors, presented the 2018 Swiss Re Civilian Service Prize to CHEIRA – Swiss Humanitarian Surgery, an association created in 2015...

Read the whole story