Zurich
Zurich Insurance Group, commonly referred to as Zurich, is a leading global insurer headquartered in Switzerland (CH). Established in 1872, Zurich has grown to become a prominent player in the insurance industry, with significant operations across Europe, North America, and Asia-Pacific. The company offers a diverse range of products and services, including general insurance, life insurance, and asset management, distinguished by its customer-centric approach and innovative solutions. With a strong market position, Zurich has achieved notable milestones, such as being recognised for its commitment to sustainability and corporate responsibility. The company’s focus on digital transformation and risk management sets it apart in a competitive landscape, making Zurich a trusted partner for individuals and businesses seeking comprehensive insurance solutions.
DitchCarbon Score
How does Zurich's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Zurich's score of 37 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Zurich's reported carbon emissions
In 2023, Zurich Insurance Group reported total carbon emissions of approximately 60,066,000 kg CO2e. This figure includes about 19,807,000 kg CO2e from Scope 1 and 2 emissions, while Scope 3 emissions accounted for about 40,259,000 kg CO2e. Over the past few years, Zurich has made significant strides in reducing its carbon footprint. From 2019 to 2023, the company has decreased its total emissions from about 180,805,000 kg CO2e to the current level, reflecting a commitment to sustainability. Notably, Zurich aims to achieve net-zero operational emissions by 2030, accelerating its previous target of 2050. Additionally, the company has set ambitious near-term reduction targets, aiming for a 60% reduction in carbon dioxide emissions by 2025, based on a 2022 baseline, and a 70% reduction by 2029. Zurich's emissions per employee have also shown a downward trend, with figures of approximately 2,060 kg CO2e in 2017, decreasing to about 1,750 kg CO2e in 2019. This reflects the company's ongoing efforts to enhance operational efficiency and reduce its environmental impact. Overall, Zurich's climate commitments and reduction initiatives demonstrate a proactive approach to addressing climate change and promoting sustainability within the financial services sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - |
| Scope 2 | - | - | - | - | - |
| Scope 3 | 132,515,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Zurich is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
