We measure our external asset managers on the basis of whether they integrate the following topics into the investment process when selecting bond investments:
We closely monitor the selection of equities and review the ESG approach of each external asset manager.
On a regular basis, we review internal and external asset managers on their undertaken measures in the respective ESG disciplines. Depending on the result, we take targeted measures to implement our ESG integration standards.
The regular reports cover the topics of ESG integration and climate change:
How can asset managers have a positive impact on corporate decisions?
Our external asset managers seek target-oriented dialog with the management of companies in which they have invested our customers' assets. In this way, they exert a positive influence on the management and business practices. We attach great importance to this approach, which is in line with the Code of Conduct of the Zurich Insurance Group and supports the actions that our company as a whole strives to take.
The engagement activities remained constant compared to the previous year. Climate change and the associated opportunities and risks, as well as geopolitical uncertainties, have continued to influence the importance of engagement dialogues.
Investors are placing continued emphasis on ensuring a company’s long-term success while continuing to raise the latter’s awareness of social responsibility.
From the perspective of a long-term investor, it is important that companies take into account their impact on the environment and society in their strategy.
Examples include:
The engagement activities remained constant compared to the previous year. The corporate response to climate change and the associated opportunities and risks have continued to influence the importance of engagement dialogues.
Investors are placing continued emphasis on ensuring a company’s long-term success while continuing to raise the latter’s awareness of social responsibility.
A climate change-focused engagement aims to ensure that companies with high CO2 emissions take action to reduce them in order to combat climate change.
Examples include:
The regional focus of engagement activities in the areas of environment (E), social (S) and good corporate governance (G) varies due to several factors. Cultural norms and values, legal and regulatory conditions, environmental issues and socio-economic conditions influence priorities in the respective ESG areas.
In addition, there are different stakeholder expectations and corporate strategies which can vary from region to region. Therefore, an adapted, region-specific approach to engagement activities is essential.
ESG stands for three sustainability-related areas in which companies have responsibilities:
Our three-tier engagement approach is designed to ensure a focused dialogue with companies to raise awareness of ESG issues and to encourage steps towards improving their practices.
Joint progress in the form of networks, alliances and organizations pursues a common goal for the purpose of promoting the integration of ESG criteria in investment and business process in order to jointly build a better future.
Combating climate change is the focus of our strategy, which is why we expect our asset managers to be especially active in this area in order to effect joint progress.
Membership in an organization is associated with mandatory goals, such as net zero or engagement goals. This leads to a stronger impact to address sustainability challenges.
The six principles of the UN Principles for Responsible Investment offer a range of possible actions for incorporating ESG considerations into investment practices:
Learn more (external link)
The Net Zero Asset Manager Initiative is an international group of asset managers committed to the goal of reducing greenhouse gas emissions to zero by 2050 or earlier in line with global efforts to limit global warming to 1.5 degrees Celsius and to support investments focused on zero emissions by 2050 or earlier.
Learn more (external link)
The Science Based Targets Initiative promotes ambitious climate protection measures in the private sector by enabling companies to set sound, science-based emissions reduction targets.
Learn more (external link)
The Climate Action 100+ Initiative is an investor-driven initiative to ensure that the world's largest greenhouse gas emitters take the necessary climate measures.
Learn more (external link)
The recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) on climate-related financial information are widely applicable and can be adopted by companies in all industries and jurisdictions. They are designed to provide decision-useful, forward-looking information that can be incorporated into standard financial reports.
The recommendations are organized around four themes that represent core elements of how companies operate:
Learn more (external link)
| Green Bonds Global (CHF hedged) |
More about the product Performance |
ASIP-ESG key figures |
| Bonds CHF Domestic | Performance | ASIP-ESG key figures |
| Bonds CHF Foreign | Performance | ASIP-ESG key figures |
| Bonds CHF 15+ | Performance | ASIP-ESG key figures |
| Bonds EUR (CHF hedged) | Performance | ASIP-ESG key figures |
| Corporate Bonds EUR (CHF hedged) |
Performance |
ASIP-ESG key figures |
| Corporate Bonds USD (CHF hedged) | Performance | ASIP-ESG key figures |
| Convertible Bonds Global (CHF hedged) | Performance | ASIP-ESG key figures |
