Sustainability Indicators
| Topic | Metric | 2023 | 2022 | 2021 | Reference | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sustainability organisation
|
||||||||||||||
|
NUMBER of FTE IN SUSTAINABILITY ORGANISATION
|
||||||||||||||
| Total FTE | 72 | 64 | 52 |
Details
|
||||||||||
|
Environment
|
||||||||||||||
|
GHG Emissions
|
||||||||||||||
| Total emissions (in kg CO2-e/FTE) | 1 365 | 1 616 | 1 476 |
Details
|
||||||||||
| Scope 1 emissions (in kg CO2-e/FTE) | 679 | 731 | 840 |
Details
|
||||||||||
| Scope 2 emissions (in kg CO2-e/FTE) | 37 | 41 | 51 |
Details
|
||||||||||
| Scope 3 emissions (in kg CO2-e/FTE) | 648 | 844 | 585 |
Details
|
||||||||||
| Targets to reduce GHG emissions | yes | yes | yes |
Details
|
||||||||||
| Neutralisation of measured, unavoidable emissions | yes | yes | yes |
Details Details
|
||||||||||
|
Energy
|
||||||||||||||
| Total building energy (in KWh/FTE) | 2 946 | 3 241 | 3 535 |
Details
|
||||||||||
| Proportion of renewable electricity in % | 100 | 100 | 100 |
Details
|
||||||||||
| Proportion of renewable fuels in % | 17 | 6 | 6 |
Details
|
||||||||||
| Targets to reduce energy consumption | yes | yes | yes |
Details
|
||||||||||
|
Business travel
|
||||||||||||||
| Total business travel (in km/FTE) | 4 585 | 3 957 | 3 473 |
Details
|
||||||||||
| Proportion of journeys by public transport in % | 27 | 27 | 19 |
Details
|
||||||||||
| Proportion of car trips in % | 54 | 59 | 73 |
Details
|
||||||||||
| Proportion of air traffic in % | 19 | 14 | 8 |
Details
|
||||||||||
|
Paper consumption
|
||||||||||||||
| Total paper consumption (in kg/FTE) | 51 | 56 | 65 |
Details
|
||||||||||
| Proportion of recycled paper (in %) | 16 | 17 | 19 |
Details
|
||||||||||
|
Water
|
||||||||||||||
| Total water consumption (in m3/FTE) | 6 | 6 | 6 |
Details
|
||||||||||
|
Waste
|
||||||||||||||
| Total waste (in kg/FTE) | 67 | 68 | 57 |
Details
|
||||||||||
| Proportion of recycled waste (in %) | 50 | – | – |
Details
|
||||||||||
|
Corporate environmental protection guidelines and initiatives
|
||||||||||||||
| Energy efficiency policy | yes | yes | yes |
Details
|
||||||||||
| Emissions reduction initiatives | yes | yes | yes |
Details Details
|
||||||||||
| Waste reduction policy | yes | yes | yes |
Details
|
||||||||||
| Environmental information verified | yes | yes | yes |
Details
|
||||||||||
|
Social aspects
|
||||||||||||||
|
Health & Safety
|
||||||||||||||
| Health and safety policy | yes | yes | yes |
Details
|
||||||||||
| Workforce absences employees, total | 2.9% | 3.6% | 3.0% |
Details
|
||||||||||
| Workforce absences per segment | yes | yes | yes |
Details
|
||||||||||
|
AR = Annual report
|
||||||||||||||
| Topic | Metric | 2023 | 2022 | 2021 | Reference | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Employment and employee retention
|
||||||||||||||
| Total number of employees (headcount) | 10 971 | 10 712 | 10 890 |
Details
|
||||||||||
| Total number of full-time employees (full-time equivalent) | 10 442 | 10 126 | 10 219 |
Details
|
||||||||||
| Total number of part-time employees | 1 837 | 1 856 | 1 951 |
Details
|
||||||||||
| Employee turnover | 9.8% | 10.7% | 11.2% |
Details
|
||||||||||
| Fluctuation target | no | no | no | |||||||||||
| Company monitors employee satisfaction on a regular basis | yes | yes | yes |
Details
|
||||||||||
| Major layoffs in the last three years (affecting 10% of staff or over 1000 employees) | no | no | no | |||||||||||
| Major merger or acquisition in the last three years (affecting large proportion of staff) | no | no | no | |||||||||||
|
Training & human capital development
|
||||||||||||||
| Formal talent pipeline development strategy (forecasts hiring needs, actively develops new pools of talent) | yes | yes | yes |
Details
|
||||||||||
| Graduate/trainee apprenticeship program | yes | yes | yes |
Details
|
||||||||||
| Job-specific development training programs | yes | yes | yes |
Details
|
||||||||||
| Leadership training and skills development | yes | yes | yes |
Details
|
||||||||||
| Partnerships with educational institutions | yes | yes | yes |
Details
|
||||||||||
| Share of employees with professional development interviews/annual performance reviews | 100% | 100% | 100% |
Details
|
||||||||||
|
Labour & Human Rights
|
||||||||||||||
| UN Global Compact Signatory | yes | yes | yes |
Details
|
||||||||||
| Human rights policy | yes | yes | yes |
Details
|
||||||||||
| Collective employment contracts | yes | yes | yes |
Details
|
||||||||||
|
Supply Chain
|
||||||||||||||
| Guidelines for social assessment of suppliers | yes | yes | yes |
Details
|
||||||||||
| Guidelines for environmental assessment of suppliers | yes | yes | yes |
Details
|
||||||||||
| Inclusion of ESG criteria in supplier contracts | yes | yes | yes |
Details
|
||||||||||
|
Philanthropy
|
||||||||||||||
| Company has foundations | yes | yes | yes |
Details
|
||||||||||
| Total Group-wide foundation expenditures (in CHF million) | 3.3 | 3.5 | 3.3 |
Details
|
||||||||||
|
Ethics and Compliance
|
||||||||||||||
| Business ethics guidelines incl. conflicts of interest | yes | yes | yes |
Details
|
||||||||||
| Anti-bribery guidelines | yes | yes | yes |
Details
|
||||||||||
| Guidelines on the prevention of money-laundering and on sanctions and embargoes | yes | yes | yes |
Details
|
||||||||||
| Employee protection/Whistle blowing policy | yes | yes | yes |
Details
|
||||||||||
| Employee training on ethics and compliance | yes | yes | yes |
Details
|
||||||||||
| Monitoring by the Board of Directors | yes | yes | yes | |||||||||||
|
Diversity & Inclusion
|
||||||||||||||
| Women in workforce | 48% | 47% | 47% |
Details
|
||||||||||
| Proportion of women with management functions | 36% | 35% | 34% |
Details
|
||||||||||
| Proportion of women at senior and executive management levels 1 | 16% | 13% | 14% |
Details
|
||||||||||
| Proportion of women at middle and lower management levels 2 | 36% | 35% | 35% |
Details
|
||||||||||
| Gender equality policy and diversity activities | yes | yes | yes |
Details
|
||||||||||
| Equal pay guidelines | yes | yes | yes |
Details
|
||||||||||
|
1 Members of the Group, division and business area management
|
||||||||||||||
|
2 Department and team heads
|
||||||||||||||
|
AR = Annual report
|
||||||||||||||
| Topic | Metric | 2023 | 2022 | 2021 | Reference | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Responsible investing
|
||||||||||||||
| Exclusion criteria exist | yes | yes | yes |
Details
|
||||||||||
| Responsible Investment Policy | yes | yes | yes |
Details Details
|
||||||||||
| ESG integration in asset management | yes | yes | yes |
Details Details
|
||||||||||
| Scope of ESG investment guideline (% of assets under management) | 93% | 93% | 89% |
Details
|
||||||||||
| Active ownership guidelines | yes | yes | yes |
Details Details
|
||||||||||
| Total number of Annual General Meetings at which Swiss Life Asset Managers voted | 295 | 301 | 283 |
Details
|
||||||||||
| Total number of agenda items where Swiss Life Asset Managers voted | 5 788 | 5 694 | 5 372 |
Details
|
||||||||||
| Proportion of votes against the management recommendation at the Annual General Meetings | 13% | 10% | 8% |
Details
|
||||||||||
| ESG products | yes | yes | yes |
Details
|
||||||||||
| Participation in impact investments (in CHF million) | 1 041 | 805 | 145 |
Details
|
||||||||||
| Participation in sustainable bonds (in CHF million) | 2 487 | 1 938 | 1 216 |
Details
|
||||||||||
| Sustainable real estate strategy | yes | yes | yes |
Details
|
||||||||||
| Member of Principles for Responsible Investment (PRI) | yes | yes | yes |
Details Details
|
||||||||||
| Member of Net Zero Asset Managers initiative (NZAMi) | yes | yes | no |
Details Details
|
||||||||||
| Number of ESG specialists (in FTE) | 46 | 40 | 25 | |||||||||||
|
Underwriting Risk Management
|
||||||||||||||
| Obesity and emerging health issues listed as a business risk factor | yes | yes | yes |
Details Details
|
||||||||||
| Aging population and demographic change listed as a business risk factor | yes | yes | yes |
Details Details
|
||||||||||
| Principles for Sustainable Insurance | yes | yes | yes |
Details
|
||||||||||
|
Data Protection & Security
|
||||||||||||||
| Data privacy policy | yes | yes | yes |
Details
|
||||||||||
| Guidelines on the protection of customer data and other personal data | yes | yes | yes |
Details
|
||||||||||
| Granting of data subject rights (right to information, correction, blocking, forwarding of personal data) | yes | yes | yes | Applicable law and internal guidelines | ||||||||||
| Prohibition of access to personal data by unauthorised persons | yes | yes | yes |
Details
|
||||||||||
| Regular internal audits of the IT systems | yes | yes | yes |
Details Details
|
||||||||||
| Infringements of data protection / personal data | 0 | 0 | 1 |
Details
|
||||||||||
|
Customer retention and protection
|
||||||||||||||
| Guidelines on due diligence in advisory services and how to deal with complaints | yes | yes | yes |
Details Details
|
||||||||||
| Auditable product development process | yes | yes | yes |
Details
|
||||||||||
|
AR = Annual report
|
||||||||||||||
| Topic | Metric | 2023 | 2022 | 2021 | Reference | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Governance | ||||||||||||||
| Board of Directors | ||||||||||||||
| Total directors | 12 | 13 | 11 |
Details
|
||||||||||
| Independence | 100% | 92% | 91% |
Details
|
||||||||||
| Average term of office (years) | 8 | 8 | 9 |
Details
|
||||||||||
| CEO duality | no | no | no |
Details
|
||||||||||
| Independent chairperson | yes | yes | yes |
Details
|
||||||||||
| Former CEO or equivalent on Board | yes | yes | yes |
Details
|
||||||||||
| Voting rights of largest shareholder | >5% | >5% | >5% |
Details
|
||||||||||
|
Board Diversity
|
||||||||||||||
| Number of women on the Board | 4 | 4 | 2 |
Details
|
||||||||||
| Proportion of women on the Board | 31% | 31% | 18% |
Details
|
||||||||||
| Average age of Board member | 61 | 61 | 60 |
Details
|
||||||||||
| Commitment to Board diversity | yes | yes | yes |
Details
|
||||||||||
|
CSR-Governance
|
||||||||||||||
| CSR/sustainability committee at Corporate Executive Board level | yes | yes | yes |
Details
|
||||||||||
| Sustainability strategy | yes | yes | yes |
Details
|
||||||||||
|
Compensation
|
||||||||||||||
| CEO total summary compensation (in CHF million) | 4.0 | 4.3 | 4.3 |
Details
|
||||||||||
| Clawback policy | yes | yes | yes |
Details
|
||||||||||
| Equal remuneration policy | yes | yes | yes |
Details
|
||||||||||
|
Ownership & Control
|
||||||||||||||
| Controlling shareholder | no | no | no |
Details
|
||||||||||
| Deviation from one share one vote | yes | yes | yes |
Details
|
||||||||||
|
Risk Management
|
||||||||||||||
| Company has a risk management framework | yes | yes | yes |
Details
|
||||||||||
| Climate change listed as a business risk factor | yes | yes | yes |
Details Details
|
||||||||||
| Climate reporting according to the recommendations of the Task Force on Climate-related Financial Disclosures | yes | yes | yes |
TCFD Report
|
||||||||||
| Risk management system covers reputational risks | yes | yes | yes |
Details
|
||||||||||
| Risk management system covers market conduct risks | yes | yes | yes |
Details
|
||||||||||
| Risk management covers systemic risks | yes | yes | yes |
Details
|
||||||||||
| Risk management covers human rights risks | yes | yes | yes |
Details Details
|
||||||||||
| Risk management covers climate risks | yes | yes | yes |
Details
|
||||||||||
| Board oversight of risk management | yes | yes | yes |
Details
|
||||||||||
|
AR = Annual report
|
||||||||||||||