Helvetia Group

helvetia.com

Sustainability Report 2022.

Contents.

  1. Preamble.
  2. Our most important sustainability achievements and awards.

6 About the Helvetia Group.

  1. Our purpose and our values.
  2. Strategy helvetia 20.25.
  3. Value chain in a nutshell.

12 Our sustainability approach.

  1. Sustainability Strategy 20.25.
  1. Sustainability governance.
  1. Sustainability risk management.
  1. Business ethics.

41 Sustainability priority areas.

  1. Sustainable products and business relationships.
  1. Responsible investment.
  1. Sustainable business operations.
  1. Sustainability culture.
  1. Notes.
  2. Key figures employees.
  1. Additional key figures employees. 
  2. Key figures environment. 
  1. Disclosure in accordance with EU taxonomy.
  1. Membership in associations and initiatives.
  2. About this report.
  1. GRI Index.
  1. Index on non-financial information.
  1. Legal notice.

This PDF is interactive

Preamble.

Dear Readers,

Sustainability has always been part of our business philosophy. We align our operations with the long-term needs of our customers: Helvetia offers solutions for pension provision, loss prevention and for those major life events that one cannot always plan for. We strive to keep our promises to our customers - at all times and in the long run. Insurance has a lot to do with sustainability in general. Insurance makes it possible for companies and private individuals to pursue activities and make decisions that are associated with risks. At Helvetia, we are proud to support our customers on their path into the future - true to our purpose "Life is full of opportunities and risks. Helvetia is there when it matters".

Looking ahead and acting sustainably is therefore a matter of course for us. We build our business on trust - which depends on our high reliability and strong integrity. For us, sustainability in action refers to business operations, our operational insurance and service business, our investment business and the implementation of the Sustainability Strategy in governance and corporate culture. Last year, the Board of Directors and Executive Management expanded the existing Sustainability Strategy for implementation in these areas.

This report outlines our approach to sustainability management and our concrete contributions to sustainability in 2022. Our strategy was developed through continuity and implementation in all the relevant areas. We placed particular focus on creating transparency and reorganising governance issues.

Major efforts are needed in order to combat climate change. Helvetia has set itself the goal of continuously reducing greenhouse gas emissions in its business operations, and reducing indirect emissions from the insurance business and investment portfolio. Important work is currently under way to implement a broad climate strategy in order to reduce the indirect emissions in the core business of insurance and investment management. We are also focusing on the proactive management of climate change risks in order to identify the potential impact of climate change on our business, while taking advantage of the opportunities associated with the transition to a lower carbon society.

On the following pages, you can read about how we are fulfilling our responsibility with a holistic approach. We welcome any feedback, critique or suggestions you may have.

Best regards,

Dr Thomas Schmuckli

Dr Philipp Gmür

Chair of the Board of Directors

Group CEO Helvetia

Sustainability Report 2022

Preamble.

3

GRI 2-22

Dr Thomas Schmuckli

"Our goal is to implement the Sustainability Strategy in all the relevant areas in the company and to make our contribution to the global sustainability goals."

Dr Philipp Gmür

"With our business model, we promote sustainable economic and social action, and thus also deliver sustainable financial success for Helvetia."

Sustainability Report 2022

Our sustainability achievements.

4

Our most important sustainability achievements and awards.

Helvetia Group

Overall ESG rating¹

Helvetia's MSCI ESG rating has been increased to "A"

Sustainable products and

customer relationships

Responsible investment

50.6 %

Growth rate in sustainable products and products with sustainability components

A

Average MSCI ESG rating of our portfolio investments confirmed

Sustainable business operations

A-

CDP (Carbon Disclosure Project) performance score climate change (2022)

Sustainability culture

"Top employer" in Europe

First award

Other sustainability achievements and awards

Transnational:

  • CO² footprint -49 % since 2012 ²
  • Average of 23 training hours per employee
  • Sustainability governance adapted
  • Implementation of the Sustainability Risk Framework developed in 2021

Switzerland:

  • CO² footprint -20 % since 2012 ²
  • Average of 19 training hours per employee
  • 45 % growth in insurance for vehicles with alterna- tive drives
  • 9 new solar installations on properties in our real estate portfolio

Germany:

  • CO² footprint -59 % since 2012 ²
  • Average of 21 training hours per employee
  • 231 % growth in insurance for vehicles with alterna- tive drives
  • Gold label rating in ESG by Morgen & Morgen and Zielke Research Consult GmbH

Spain:

  • CO² footprint -70 % since 2012 ²
  • Average of 37 training hours per employee
  • 17 % growth in insurance
    for vehicles with alternative drives
  • New online course on sustainability, already has 219 participants

Italy:

  • CO² footprint -59 % since 2012 ²
  • Average of 28 training hours per employee
  • Approximately 300 employees successfully com- pleted the "Pillole di DNF" ESG upskilling initiative

Austria:

  • CO² footprint -51 % since 2012 ²
  • Average of 58 training hours per employee
  • 52 % growth in sustainable life products
  • Special sustainability prize at Versicherungs Award Austria (VAA)

France:

Caser:

− CO² footprint -60 % since 2013 ³

− CO² footprint -27 % since 2020 4

− Average of 27 training hours per employee

− Average of 17 training hours per employee

− 6th forest protection project implemented

− Public welfare commitment of EUR 545,000

  • Helvetia's use of data from MSCI ESG Research LLC or its subsidiaries ("MSCI") and use of MSCI logos, trademarks, service marks or index names contained herein do not constitute sponsorship, endorsement, recommendation or promotion of Helvetia by MSCI. MSCI services and data are the property of MSCI or its information providers and are provided without guarantee. MSCI names and logos are trademarks or service marks of MSCI.

² CO² footprint per employee compared with 2012.

³ CO² footprint per employee compared with 2013. Due to the acquisition of a company in 2012, reference is made to 2013. 4 CO² footprint per employee compared with 2020. Environmental data from 2012-2018 is not available for Caser.

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Helvetia Holding AG published this content on 27 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2023 08:17:04 UTC.