Zurich Insurance Group AG

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Comprehensive Zurich Insurance Group offers an unusually rich picture of its climate-policy lobbying. It names a wide range of concrete measures it has engaged on, including the EU Green Deal and Taxonomy Regulation, the European Climate Adaptation Strategy and Floods Directive, the UK Government’s Net Zero Review, Flood Re Scheme and CCUS business-model consultations, the Swiss CO2 Act and Climate & Innovation Act, U.S. reforms to the National Flood Insurance Program, and UN frameworks such as the Sendai DRR agenda. The company is equally explicit about how and where it lobbies, describing testimony before the U.S. House of Representatives and NAIC, written submissions to UK Select Committees, quarterly meetings with DEFRA and the Environment Agency, responses to HM Treasury and BEIS consultations, participation in EU Directorate-General working groups, and collaborative work through industry bodies such as Insurance Europe and the ABI, as well as direct dialogues with federal policymakers, UN panels and OECD task forces—always identifying the relevant committees, ministries or officials. Zurich also states clear policy objectives: it seeks “a statutory duty for local authorities to fully adapt their area to climate change risks by 2050,” the creation of “a National Adaptation Fund for local government,” reform of UK flood-resilience grant schemes and building regulations, support for capturing “10 Mt CO₂ a year by 2030” through CCUS clusters, expanded climate-resilient ODA, and wider adoption of risk-based insurance solutions and nature-based infrastructure. By detailing the policies it addresses, the channels and decision-makers it engages, and the concrete legislative or regulatory changes it pursues, Zurich demonstrates a comprehensive level of transparency in its climate-related lobbying activities. 4
Lobbying Governance
Overall Assessment Comment Score
Moderate 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. 2