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Chubb Ltd

ISIN: CH0044328745 | Switzerland | Europe
Score 3 - Strong
Full assessment

Chubb has embedded climate alignment into its lobbying governance through a centralized Government Affairs function and senior oversight, with "Chubb has a government affairs function that coordinates with business units and the executive team on public policy and advocacy strategies" and "Chubb maintains a rigorous process to ensure that its direct and indirect activities to influence policy are consistent with the company's strategy and objectives, including overall climate change strategy," covering both direct and indirect advocacy. Oversight is anchored by the General Counsel, who "reports periodically to the Nominating and Governance Committee," escalating new climate-related advocacy issues for board-level review and direction, and by the Executive Committee's role in ensuring consistency with the company's objectives. The board-approved "Climate Change Policy Statement" further embeds climate goals into its engagement approach. However, the company does not disclose the frequency or criteria for reviewing advocacy positions, there is no public audit of climate lobbying alignment, and we found no evidence of a formal process to assess or exit trade or industry associations whose policy views may conflict with Chubb's climate commitments.

This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in Europe or all companies in Switzerland.