Swiss insurance companies play a dual role in the climate crisis, both as insurers and investors in fossil fuel-related projects. But are they taking responsibility? The new Swiss Insurance Climate Rating, published by Campax and BreakFree, reveals shocking gaps in their policies. Not a single major insurer in Switzerland meets the goals of the Paris Agreement. Some, like Generali, are making progress, while others, like Vaudoise, are far behind.
These weak policies have concrete consequences, whether it’s fueling harmful projects like the Calcasieu Pass gas terminal in the United States or increasing climate risks that threaten the insurance sector itself.
Curious to know how your insurer ranks? Read the full report now!
