Information on Sustainability Reporting
Consistent reporting to stakeholder groups
The annual reporting on sustainability aims to create transparency and strengthen communication with the stakeholder groups. Swiss Life’s stakeholder groups include all stakeholders who are directly or indirectly affected by the company’s operations or who have a significant influence on Swiss Life’s business activities. These include employees, customers, investors and representatives of the media, politics and associations. Swiss Life is in regular dialogue with all relevant stakeholder groups. Thus Swiss Life is aware of their requirements and expectations and is able to react to challenges or changes (GRI 102-40, 102-42, 102-43, 102-44). Further information on our dialogue with stakeholder groups is available on the Swiss Life website at www.swisslife.com/stakeholdercommunication.
Reporting according to the European Non-Financial Reporting Directive (NFRD)
The Swiss Life Group’s Sustainability Report is in conformity with the EU’s NFRD Directive. In this sustainability report Swiss Life reports on environmental issues (pages 85, 86–91, 101–105, 109–111, 139–143), employee issues (pages 85, 86–91, 101–105, 118–138), social issues (pages 85, 86–91, 101–105, 118–138) as well as on respect for human rights (pages 91, 101, 106–111, 147) and the fight against corruption and bribery (pages 91, 102, 106–111, 148). The pages cited also provide information on the concepts and associated results, as well as on due diligence processes and risk management. With their two dimensions: “relevance for Swiss Life” and “impact on sustainable development”, the principal topics reflect the NFRD Directive’s requirements regarding the purpose of the non-financial content of the report.
Reporting in accordance with the standards of the Global Reporting Initiative (GRI)
The Swiss Life Sustainability Report meets the requirements of the GRI Standards, a framework for transparent sustainability reporting. The 2020 report covers the Switzerland, France, Germany, International and Asset Managers segments. This report has been prepared in accordance with the GRI Standards: Core option. The aim of the GRI is, on the one hand, to support companies, governments and non-governmental organisations (NGOs) in focusing their reporting on topics that are material from the perspective of their stakeholders and their influence on sustainable development. On the other hand, the standardised format of the reports, based on key figures, also contributes to the comparability and transparency of sustainability reporting.
Reporting according to the Sustainability Accounting Standards Board (SASB)
Swiss Life’s sustainability report for the 2020 financial year is based for the first time on the provisions of the SASB standard for the insurance industry. SASB is a US-based non-profit organisation that provides industry-specific reporting standards to strengthen communication between companies and financial market participants on the financial impact of sustainability issues. The corresponding content references can be found in the combined GRI and SASB content index on pages 152–156.