Sustainability of financial investments
As well as financial objectives, Suva’s investment activity also considers aspects relating to sustainability.
Content
Short and succinct
As a public sector, institutional investor, Suva invests responsibly and sustainably.
- In doing so, the company adheres to the standards set out by Swiss legislation and international agreements that have been ratified by Switzerland, and to the Ten Principles of the UN Global Compact.
- It is targeting a reduction in greenhouse gas emissions to net zero for all investments by 2050.
- It observes a policy of constructive engagement with businesses and resorts to disinvestment only in exceptional cases.
Consideration of aspects relating to sustainability
As well as financial aspects, Suva’s investment activity also considers environmental, social and responsible governance factors ("ESG").
The standard basis
Swiss legislation, international agreements that have been ratified by Switzerland, and the Ten Principles of the UN Global Compact all serve as the standard basis for determining the sustainability of investments. These standards also comply with the Universal Declaration of Human Rights and the International Labour Organization Declaration on Fundamental Principles and Rights at Work. Equally, Suva takes into account the principles of the Rio Declaration on Environment and Development, the Paris Agreement
Sustainable investment activity
Since 2013, Suva has acknowledged the sustainability factors that relate to its investment activity and has incorporated these into its investment principles and processes.
In 2021, Suva also adopted a climate strategy for its investments, underlining its stated ambition of contributing towards climate neutrality in line with Switzerland’s climate targets. The company is targeting net zero greenhouse gas emissions across all of its investments by 2050.
In order to reach its sustainability and climate targets for investments, Suva looks to engage, rather than disinvest. Together with other investors, the company aims to ensure that the leadership of those companies receiving investment considers sustainability and climate factors to an adequate degree.
Financial stability and economic sustainability remain key aspects for Suva. Non-current assets are earmarked for specific purposes and serve to cover the statutory financial responsibilities Suva has to its insurees.
Sustainable investment activity
As well as financial aspects, we consider environmental, social and responsible governance factors in our investment activity. We have summarised the most relevant topics for you here.