Source: Zurich Insurance Group
Headline: Zurich signs up to UN business pledge to limit global temperature rise and announces it will use only renewable energy by 2022
Zurich Insurance Group (Zurich) today announces that it is accelerating actions to progress towards a low-carbon economy amid an increasing climate crisis. As the first insurance company, Zurich commits to set targets in the framework of the UN Global Compact Business Ambition Pledge that aims at limiting global temperature rise to 1.5°C above pre-industrial levels. Zurich will also expand its existing thermal coal policy aimed at reducing the use of carbon intense fossil fuels.