Zurich Insurance

Switzerland
Insurance

Corprate Bias Ratings

Risk Level:

Rating - Danger
High Risk

Zurich Financial vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination. Zurich ended business relationships with coal exposed companies and diverted from clients that fell under its coal policy. The company covers the cost of "medically necessary transition-related care” for its employees and their children but does not discriminate against religious organizations in its charitable giving. Zurich Insurance withdrew from the Net Zero Insurance Alliance but has donated to the Equality PAC. For these reasons, Zurich Insurance Group receives a High Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Zurich Insurance Group received a score of 95 on the Corporate Equality Index. Among other commitments, the company has a written policy pledging to vet vendors for LGBTQ policies (1)(2). In 2020, Zurich Insurance Group ended business with over one third of coal exposed companies who did not adopt “greener practices” and divested from 41% of its clients that fell under its coal policy (3)(4).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Zurich Insurance (North America) does not discriminate against religious organizations in its charitable giving (1)(2).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Zurich Insurance does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Zurich Insurance’s HRC CEI profile indicates the company covers the cost of “medically necessary transition-related care” for its employees (1)(2).  Zurich Insurance was a member of the Net Zero Insurance Alliance, but the firm has since withdrawn its membership (3)(4).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Zurich Insurance does not use corporate funds to advance ideological causes, organizations, or policies.

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Zurich Insurance donated to the Equality PAC but does not lobby in an ideological manner (1)(2).

All links were last accessed and all information was updated on:
December 5, 2023

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