Let’s create a brighter future together
Sustainability is about how we do business as an insurer, investor, employer, and a member of society. Our purpose inspires us to transform our business and embrace positive impact for us all. We want to partner with you to drive meaningful change, so we can all thrive today and in the future.
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Zurich in the Middle East | Group Sustainability strategy | Our sustainability targets | Sustainability report
Focusing on what matters most
Insurance serves as a societal safety net for all of us. We use our risk management expertise to help build resilience to climate change, improve health and wellbeing, manage societal issues, and reduce economic risks. With changing customer expectations and a growing demand for social and environmental engagement, sustainability is increasingly becoming a driver for value creation.
Our commitments in the Middle East
The UAE Climate-Responsible Companies, launched by the Ministry of Climate Change and Environment (MOCCAE), is a national commitment made by companies to set and meet science-based targets in line with the UAE government's goal of achieving net-zero carbon emissions by 2050.
As the first insurance company to sign the pledge, Zurich is committed to taking measured actions to address climate change and to being a leader in sustainable development.
Zurich joined the UAE Alliance for Climate Action (UACA) as an important next step following our commitment to the UAE Climate-Responsible Companies Pledge. The UAE Alliance for Climate Action (UACA) is Emirates Nature-WWF's flagship programme for COP28 and a pivotal force driving the implementation of the Paris Agreement. This initiative brings together non-state and sub-national actors under the global Alliances for Climate Action, and it plays a critical role in accelerating the transition to a net-zero world with the RacetoZero campaign.
"We’re growing our business responsibly and committed to harnessing the power of sustainable practices to drive innovation, resilience, and enduring success."
Mufazzal Kajiji
CEO - Zurich Middle East
It's time to act for people and planet
Our employees are taking actions in the local communities.
Our group sustainability strategy
Sustainability is part of our company DNA. We’ve integrated three transformational themes in our sustainability strategy that we believe are all very important for our future.
Our group-wide sustainability targets
Zurich's commitment to sustainability is demonstrated by our comprehensive reporting practices. We aggregate our sustainability reporting at the group level to capture and assess our progress towards our goal of becoming one of the most responsible and impactful businesses in the world. Our reporting is aligned with our strategic pillars and focuses on three key elements: Planet, Customer, and People. By organising our reporting into these categories, we hope to achieve long-term results that benefit the planet, our customers, and people.
Reporting
Sustainability reporting captures Zurich’s progress toward its ambition to be one of the most responsible and impactful businesses in the world. Based on our strategic pillars, we cluster our reporting by reflecting outcomes that benefit the planet, customers and people in the long term.
Accelerating the Climate Transition
The transition to net-zero is a particularly complex challenge that will require significant investment, innovative solutions and bold initiatives if it is to succeed. Our new paper examines how far the industry has come on the road to net-zero – and how far it still needs to go. It’s based on a survey of sustainability executives and is packed with valuable insights that are essential to navigate the transition.
Annual Report 2022
Zurich Group sustainability report 2022
This report describes progress the Zurich Group has made towards our sustainability goals around the world.
What’s happening?
Keep up to date with sustainability at Zurich.