Zurich Insurance Group AG
- Named executive owner
- Paris Agreement alignment
- Direct lobbying governance
Zurich Insurance Group AG has established formal internal processes to align its climate-related policy advocacy with its broader net-zero strategy, managed by a dedicated Group Public Affairs function. According to the company, "Zurich has a Group Public Affairs function which develops and advocates consistent public policy positions and to coordinate engagement with policy makers" under a "Public Policy Framework" that "ensures such matters are managed consistently across Zurich." Furthermore, "significant new or changed public policy positions are syndicated before members of the Group Executive Committee including the Group CEO," demonstrating senior executive oversight. The governance process includes subject matter review as described: "before public positions are taken, including climate, a process to get subject matter review, in addition to other governance compliance, is taken," which indicates a mechanism for monitoring and approving positions. Zurich also directs its direct lobbying toward climate objectives, for example by publishing a "public policy position on flood resilience" and issuing Risk Nexus Issue Briefs to "influence policy around flood resilience related topics." However, the company does not disclose any procedures for reviewing or aligning its indirect lobbying through trade or industry associations with its climate commitments, suggesting incomplete coverage of all lobbying channels.
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 North America or all companies in United States.