Zurich Insurance Group AG

Common Name
Zurich Insurance Group
Country
Switzerland
Sector
Financial Services
Industry
Insurance - Diversified
Employees
60,000
Ticker
ZURN
Exchange
SIX SWISS EXCHANGE
Description
Zurich Insurance Group AG is a multinational insurance company that provides a diverse range of insurance products and services. Its primary function is to offer protection and financial security to i...

Zurich Insurance Group's Climate Target Data Preview

As of 2024, Zurich Insurance Group has disclosed 11 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 absolute reduction targets and 5 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Zurich Insurance Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2029
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2029
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2029
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Investment
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2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Unspecified Unit
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Investment
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Zurich Insurance Group's Greenhouse Gas Emissions Pathways

As of 2024, Zurich Insurance Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Zurich Insurance Group have a target to reduce the emissions from its operations?

As of 2024, Zurich Insurance Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Zurich Insurance Group's most ambitious operational target is to reduce these emissions by 80% by 2029, compared to a baseline of 48,290 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2024, Zurich Insurance Group is ahead of schedule on its operational emissions reduction target, having achieved 77.44% of the planned reduction.

Zurich Insurance Group's Operational (Scope 1+2) Emissions Pathway

2019202420252029015 k30 k45 k60 kBaselineCurrent (-62%)Target 2029 (-80%)

Does Zurich Insurance Group have a target to reduce the emissions from its value chain?

As of 2024, Zurich Insurance Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

Zurich Insurance Group's most ambitious value chain target is to reduce these emissions by 67% by 2029, compared to a baseline of 132,515 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

Zurich Insurance Group has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2029 value, achieving its climate goal ahead of schedule.

Zurich Insurance Group's Value Chain (Scope 3) Emissions Pathway

2019202420252029035 k70 k105 k140 kBaselineCurrent (-71%)

Does Zurich Insurance Group have a target to reduce its total carbon footprint?

As of 2024, Zurich Insurance Group has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Zurich Insurance Group's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 180,805 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 70% by 2029.

As of 2024, Zurich Insurance Group is ahead of schedule on its total carbon footprint reduction target, having achieved 97.99% of the planned reduction.

Zurich Insurance Group's Carbon Footprint (Scope 1+2+3) Emissions Pathway

2019202420252029050 k100 k150 k200 kBaselineCurrent (-69%)
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