Zurich

Zurich, headquartered in Switzerland (CH) and operating in the insurance and pension funding sector, has disclosed its carbon emissions and ambitious climate commitments.

In 2025, Zurich's total reported emissions are approximately 56,449,000 kg CO2e (56.45 thousand tonnes CO2e). This includes 14,213,000 kg CO2e from Scope 1 emissions (mobile and stationary combustion) and 1,525,000 kg CO2e from Scope 2 emissions (purchased heat and electricity). Scope 3 emissions account for a significant portion, totalling 40,712,000 kg CO2e, with major contributors being business travel (15,799,000 kg CO2e), employee commute (19,399,000 kg CO2e), and fuel and energy-related activities (3,725,000 kg CO2e).

Looking back, in 2024, Zurich's total emissions were approximately 56,406,000 kg CO2e. In 2023, the company reported total emissions of about 60,066,000 kg CO2e. This included Scope 1 emissions of 17,865,000 kg CO2e and Scope 2 emissions of 1,942,000 kg CO2e. Scope 3 emissions in 2023 were approximately 40,259,000 kg CO2e.

Zurich has set robust climate targets, aiming for net-zero operational emissions by 2030, accelerating from a previous 2050 target. The company has an interim target to reduce its absolute operational emissions by 60% by 2025 and by 70% by 2029, both against a 2019 baseline. Specifically for its supply chain, Zurich aims for 75% of its managed procurement spend to be with suppliers that have science-based emissions reduction targets by 2025 and net-zero targets by 2030. Zurich Insurance Group Ltd had a "Commitment removed" status for its near-term Science Based Targets initiative (SBTi) target, but has previously been listed as "Committed" as a Financial Institution.