Foreword

In our business, we contribute directly to society. With our advice, services and products, we enable people to lead a self-determined life. As a comprehensive life, pensions and financial solutions provider founded over 160 years ago and as a major institutional investor, Swiss Life is aware of its responsibility and the need to think long term. We aim to carry out our activities in a way that helps to shape the future without compromising the ability of future generations to meet their own needs. We are committed to playing an active role in contributing to the transition towards a low-carbon economy and to the goals of the Paris Agreement.

Swiss Life addresses the issue of climate change with a strategy combining four pillars: in the context of operational ecology, as an asset manager, as an insurer and through engagement in dedicated networks and associations.

• In our own operations we aim to reduce our carbon footprint per full-time employee and we are working on further aligning our efforts and targets with the Paris climate goals and strive to reach climate neutrality.
• As an asset manager, we manage the assets entrusted to us in a manner that takes into account transition or physical risks due to climate change and seizes opportunities that come with the transition to a low-carbon economy.
• In our underwriting, we support the transition to a low-carbon economy and promote activities that will secure a climate-resilient future for our customers and wider society.
• Through our engagement in selected networks and associations, we foster dialogue and exchange with colleagues from other companies by working closely together in tackling climate-related topics.

Swiss Life wants to meet the needs and expectations of the various stakeholder groups and to involve them in its actions. We want to make a contribution to increased transparency and comparability regarding climate-related risks and opportunities through our report, building on the recommendations of the Task Force on Climate-related Financial Disclosures.

Tancredi Tommasina

Group Chief Risk Officer

Fabienne Strobel

Group Head Sustainability