Our Sustainability Risk Framework

We operate a Group-wide framework to identify and address sustainability risks in our core business. This Sustainability Risk Framework includes policies on sensitive sectors and issues, a due-diligence process for case-by-case assessments and criteria for company and country exclusions.

Addressing "sustainability risks"

Particular business activities may damage the environment and have disruptive effects on society, even though they create tangible economic benefits. For a company, this causes ethical dilemmas. We believe that addressing such "sustainability risks" requires a clear approach and the willingness to take decisions based on ethical principles.

The framework's elements

Our Sustainability Risk Framework is an advanced risk management methodology consisting of the following elements:

  • Eight policies on sensitive sectors or issues;
  • The Sensitive Business Risks (SBR) process comprising an online assessment tool and a referral tool – due diligence mechanisms to assess our business transactions;
  • Company exclusions;
  • Country exclusions beyond compliance with International Trade Controls.

The framework is applied to all business transactions, ie re/insurance as well as investments, to the extent that we can influence their various elements.

Working with partners

We are keen to promote the development of effective sustainability risk management in the re/insurance industry and work closely with several industry organisations. Key partnerships include the Principles for Sustainable Insurance (PSI) and the Chief Risk Officer (CRO) Forum.

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.

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A leader in sustainability

Swiss Re was insurance industry sector leader in the 2016 Dow Jones Sustainability Indices (DJSI) for the third consecutive year and the tenth time since 2004.

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