Dear reader

Sustainability is an integral part of our business and at the heart of what we do. We continue to focus our sustainability measures deliberately on those areas in which we have a direct influence and can make an impact. As part of the “Swiss Life 2027” Group-wide programme, we have once again set concrete sustainability targets – and we are well on track:

• In terms of our business behaviour, we have already reduced CO₂ emissions per full-time equivalent by almost 50% in 2025 compared to 2019.
• In our directly held real estate portfolio, carbon intensity for 2025 was 14.7 kg CO₂ equivalents per square metre of gross floor area. By 2030, we aim to reduce our carbon intensity by 20% compared to 2019.
• Our offering of sustainable insurance products and investment solutions is aligned with demand in our core markets. Our advisors ensure that we understand and can cater to our customers’ sustainability preferences.

Since 2015, Swiss Life has published its Sustainability Report in accordance with international standards. Since then, Swiss Life has evolved its reporting to reflect ongoing regulatory developments. We continued on this path in 2025: in our materiality analysis, we incorporated not only the requirements of the Swiss Code of Obligations (CO) but also those of the European Sustainability Reporting Standards (ESRS). As part of a consolidation, we have also integrated the previously separate climate-related disclosures into our Sustainability Report. As in previous years, key metrics in our sustainability reporting for 2025 were audited by an external assurance provider on the basis of limited assurance.

Swiss Life accompanies its customers through many phases of their lives and, through its products, services and advice, helps them to become financially self-determined and confident. As one of Europe’s leading institutional real‑estate investors, we also help preserve and create attractive living and working spaces, and invest regularly in improving the energy performance of our existing properties.

Through our sustainability strategy and the associated measures, we assume corporate responsibility and help foster sustainable development for the benefit of people, society and the environment. We also engage in social and political dialogue to support a successful economic and financial system.

Rolf Dörig

Chairman of the Board of Directors

Matthias Aellig

Group CEO