Sustainability index memberships and ratings

Based on our economic, environmental and social performance, Swiss Re has received top sustainability ratings and is listed on the major sustainability indices.

Sustainability ratings try to assess a company's economic, environmental and social values and performance. How well a company manages to balance these three dimensions yields valuable information on its ability to benefit from opportunities and manage risks in the mid- to long-term. Awareness for rising environmental and social needs can help identify scope for new products, while bolstering reputation and reducing the potential impact of stiffer legislation and standards. Sustainable companies are also more attractive for employees, which facilitates retaining crucial know-how and fostering innovation.

Such information is particularly valuable for long-term investors. It is being used, for example, by genuine sustainability funds whose composition is based on the "best-of-class" principle: instead of focusing on certain industries or screening some of them out, sustainability funds strive to select the best, i.e. the most sustainable, companies within each industry for inclusion.

Index memberships

Swiss Re is proud to be listed as a constituent of various major sustainability indices, based on Group-wide performance on environmental, social and governance (ESG) factors. The selection criteria and methodologies used to determine participation in such indices and the attributed company scores are determined by the entities responsible for the indices.

Index

Description

Bloomberg Gender Equality Index

As of 31 January 2023

External website

Bloomberg Gender Equality Index 2023

The Bloomberg Gender-Equality Index (GEI) tracks the performance of public companies committed to disclosing their efforts to support gender equality through policy development, representation, and transparency.

Euronext Vigeo Europe 120 Index

As of 31 December 2023

External website

Euronext logo

The Euronext® Vigeo Europe 120 index consists of companies included in the European Equitics Universe, covering the 500 issuers amongst the largest free-float market capitalizations in Europe. Companies may be excluded if their level of commitment is insufficient with regard to their overall score or their score in one of six key areas reviewed in the Equitics methodology or are subject to serious, proved, or recurrent controversies. Then 120 highest ranking companies are selected according to their overall Equitics score. The index is Non-Market capitalization weighted, weighting are based on the overall Equitics scores. The index serves as an underlying for structured products, funds and exchange traded funds.

FTSE4Good Index Series1

As of 19 June 2023

External website

FTSE4Good logo

The FTSE4Good Index Series is designed to measure the performance of companies demonstrating specific Environmental, Social and Governance (ESG) practices. Transparent management and clearly-defined ESG criteria make FTSE4Good indexes suitable tools to be used by a wide variety of market participants when creating or assessing sustainable investment products.

MSCI Indices

  • MSCI World ESG Leaders Index
  • MSCI World SRI Index

As of 1 December 2023

The MSCI ESG Leaders Indexes are designed to represent the performance of companies that have high Environmental, Social and Governance (“ESG”) ratings relative to their sector peers. The indexes target a 50% sector representation vs. the parent index, aiming to include companies with the highest MSCI ESG Ratings in each sector. The index suite utilizes MSCI’s award winning ESG Research and ESG Ratings to identify companies that have demonstrated an ability to manage their ESG risks and opportunities and are therefore eligible for inclusion.

The MSCI Socially Responsible Investing (SRI) Indexes are designed to represent the performance of companies with high Environmental, Social and Governance (ESG) ratings. The indexes employ a ‘best-in-class’ selection approach to target the top 25% companies in each sector according to their MSCI ESG Ratings. SRI indexes can be used by institutional investors seeking to align ethical values and manage potential financial risks.

Solactive Indices

  • Solactive Europe Corporate Social Responsibility Index
  • Solactive Global Corporate Social Responsibility Index

As of 18 September 2023

External website

Solactive logo

Solactive is a Germany-based index provider operating globally and growing at a fast pace. Since 2007, we’ve been developing tailor-made and multi-asset class index solutions for ETFs and other index-linked investment products with the leading global investment banks and asset managers as our clients. Flexibility, proactivity and efficiency are the heart and soul of our business philosophy.

Sustainability ratings

Additionally, the following ratings and analytics providers evaluate and score Swiss Re based on a range of ESG criteria. The methodologies used to determine the attributed company scores are determined by the entities responsible for the ratings.

Sustainability rating

Description

CDP Climate Change B Score

As of reporting year 2023

External website

CDP logo 2023

CDP is a non-profit that runs the world’s environmental disclosure system for companies, cities, states and region.

InRate ESG Impact Rating

A-

As of 7 September 2023

External website

inrate logo

The ESG Corporate Ratings focus on the impact of companies on the environment and society through their products and services and management & operations. The Rating also includes the screening of critical business practices (controversies).

ISS Quality Score

As of 11 March 2024

External website

ISS Qualityscore Logo 2024

E&S Disclosure QualityScore measures and identifies risk in environmental and social areas of concern through analysis of company disclosures. Scores can also indicate best-in class disclosure practices and save time in performing peer comparisons.

Governance QualityScore is a data-driven scoring and screening solution designed to enable quality reviews of corporate governance across four key areas: Board Structure, Compensation, Shareholder Rights, Audit & Risk Oversight.

ISS ESG Prime

As of 23 December 2022

External website

Corporate ESG Performance rated by ISS ESG

Awarded to companies with an ESG performance above the sector-specific Prime threshold, which means that they fulfil ambitious absolute performance requirements.

Moody's ESG Solutions1

Swiss Re has a Moody’s ESG Overall
Score of 64 out 100 (Advanced) as of September 2022.

External website

MOODY´S ESG Solutions logo
 

MSCI1

As of 2023, Swiss Re AG received an MSCI ESG Rating of AAA.

External website

2023-11-sr-msci-esg-aaa

MSCI ESG Ratings aim to measure a company’s management of financially relevant ESG risks and opportunities. We use a rules-based methodology to identify industry leaders and laggards according to their exposure to ESG risks and how well they manage those risks relative to peers.

Sustainalytics1

In July 2023, Swiss Re AG received an ESG Risk Rating of 15.9 and was
assessed by Morningstar Sustainalytics to be at low risk of experiencing material financial impacts from ESG factors. In no event the ESG Risk Rating shall be construed as investment advice or expert opinion as defined by the applicable legislation.

External website

Sustainalytics logo

Sustainalytics' s ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks.

1 For additional information about FTSE4Good Index Series, Moody’s ESG Solutions, MSCI ESG rating and Sustainalytics, including their methodology and disclaimer statements, please refer to this page.

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