Company Directory - Zurich Insurance Group
Company Details - Zurich Insurance Group
Zurich Insurance Group
WebsiteZurich, Switzerland
ISIN: CH0011075394
210 Locations
Zurich Insurance Group is a leading global insurance company offering a wide range of insurance products and services, including property, casualty, and life insurance. Committed to sustainability, Zurich emphasizes achieving net zero by 2050.
CCI Score
CCI Score: Zurich Insurance Group
10.27
Latest Event
Zurich Reaffirms Commitment to Net Zero by 2050
Amid growing concerns over the climate crisis imperiling the financial sector, Zurich Insurance Group reiterated its commitment to achieving net zero emissions by 2050, emphasizing the essential role of sustainability in managing climate risks and maintaining market stability.
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SABOTEUR
Zurich Insurance Group is currently rated as a Saboteur.
Latest Events
- APR092025
Amid growing concerns over the climate crisis imperiling the financial sector, Zurich Insurance Group reiterated its commitment to achieving net zero emissions by 2050, emphasizing the essential role of sustainability in managing climate risks and maintaining market stability.
- JAN012024
Zurich Insurance Group detailed its approach to engaging with policymakers across various jurisdictions, underscoring its transparent political contributions, adherence to internal governance, and support for politically active employees. The company outlines controlled political donations (e.g., not exceeding CHF 500,000 in Switzerland in 2024) and allows employees to allocate up to 20% of their work time for public mandates.
+40
Political Contributions and Lobbying Efforts
April 9
Zurich’s clearly defined guidelines and transparency in making political donations, as well as its commitment to adhere to both internal and regulatory policies, supports democratic processes and indicates a progressive approach to corporate political contributions.
+30
Executive Political Engagement
April 9
By enabling and supporting politically active employees through provisions such as dedicating up to 20% of working time for public mandates, Zurich demonstrates commitment to democratic engagement and balanced executive political involvement.
- DEC312023
Zurich Insurance Group spent $3,420,000 on lobbying in 2023, as reported by OpenSecrets. The expenditure highlights the company's active engagement in influencing public policy through significant financial outlays.
-60
Political Contributions and Lobbying Efforts
April 9
The reported lobbying expenditure of $3,420,000 in 2023 reflects Zurich Insurance Group’s active involvement in political lobbying. From a left‑leaning anti‑fascist perspective, this significant financial effort to influence policy can be seen as prioritizing corporate interests over democratic accountability, potentially undermining progressive policy efforts. This type of corporate political behavior is concerning as it can facilitate influence over regulatory and legislative processes, reinforcing power imbalances.
- DEC312023
According to OpenSecrets data, Zurich Insurance Group spent $3,420,000 on federal lobbying activities throughout 2023. This expenditure indicates the company’s active involvement in influencing policy decisions, a practice that can undermine democratic accountability by prioritizing corporate interests over public welfare.
-20
Political Contributions and Lobbying Efforts
April 9
The reported lobbying expenditure of $3,420,000 highlights Zurich Insurance Group's reliance on corporate political influence. While lobbying is a common business practice, such significant spending raises concerns about the potential for undue influence over policy-making, which can undermine democratic processes and favor corporate interests over the public good.
- JUN012021
Zurich Insurance Group has strengthened its sustainable sourcing framework by introducing a comprehensive Supplier Code of Conduct, enhanced human rights assessments, and initiatives to engage diverse and ethical suppliers. The program emphasizes high standards in labor practices and ethical supply chain management, aligning supplier behavior with Zurich’s sustainability and social impact goals.
+70
Labor Relations and Human Rights Practices
April 9
Zurich's commitment to conducting annual human rights risk assessments and its Supplier Code of Conduct clearly demonstrates a focus on protecting worker rights and ensuring fair labor practices. This initiative supports marginalized communities by holding suppliers to high ethical and labor standards.
+80
Supply Chain Ethics
April 9
The establishment of a robust sustainable sourcing program that integrates environmental, social, and ethical criteria throughout the supplier lifecycle demonstrates Zurich’s proactive use of its purchasing power to promote ethical business conduct. By pressing suppliers to adopt science-based environmental targets and embrace diversity, the program contributes to countering authoritarian business practices by building accountability and transparency in the supply chain.
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Corporate Financials
- Revenue
- 2022
- $45.00B
- Total Assets
- 2022
- $400.00B
- Operating Income
- 2022
- $5.10B
- Total Equity
- 2022
- $28.00B
Employees: 55,000
Industries
- 524113
- Direct Life Insurance Carriers
- 524126
- Direct Property and Casualty Insurance Carriers
- 524298
- All Other Insurance Related Activities