Zurich Insurance (Hong Kong) continues to lead the charge in sustainability, blending environmental stewardship with innovative insurance solutions. The company’s dedication to reducing carbon emissions and fostering eco-friendly practices has earned it the prestigious “Excellence in ESG and Sustainability Award” at the Hong Kong Insurance Awards for the third consecutive year.
This accolade underscores Zurich’s industry leadership in Environmental, Social, and Governance (ESG) practices, solidifying its reputation as a frontrunner in sustainable insurance.
A Commitment Rooted in Action
As the first international insurer to pledge support for the Paris Agreement, Zurich has set its sights on achieving net-zero emissions by 2030. Its ESG strategy goes beyond internal operations, weaving sustainability into product and service offerings. From minimizing its carbon footprint to influencing customer behaviors through rewards-based programs, Zurich’s approach is both practical and visionary.
The company’s long-term ESG framework is designed to create tangible benefits for the community. Zurich integrates sustainability into daily operations while aligning with global standards to combat climate change, improve governance, and create societal impact.
Collaborations Driving Change
Zurich has announced a strategic partnership with Negawatt Utility Limited and Cornerstone Technologies, two leading players in green mobility and energy efficiency. This collaboration aims to advance sustainable practices across Hong Kong, beginning with initiatives to promote eco-friendly transportation and carbon reduction.
- Negawatt Utility Limited: The company’s ZERO2 app gamifies sustainable living, offering rewards for eco-friendly actions. With partnerships spanning numerous green merchants, ZERO2 incentivizes users to adopt daily sustainable habits through discounts and free gifts. Recognized as Hong Kong’s largest ESG rewards platform, ZERO2 is part of the HKQAA ESG Connect program, making it a key player in the city’s green transformation.
- Cornerstone Technologies: As a premier provider of electric vehicle (EV) charging solutions in Hong Kong, Cornerstone has built an extensive EV charging network. By making green transportation more accessible, the company significantly contributes to the city’s low-carbon goals.
Together, Zurich, Negawatt, and Cornerstone aim to create a synergistic ecosystem for green living, encouraging the adoption of sustainable behaviors while strengthening ESG initiatives.
Gamified ESG Incentives with Tangible Impact
The partnership leverages the strengths of each organization to foster carbon reduction and measurable ESG improvements:
- Environmental Focus (E): Users can earn rewards through sustainable actions, such as using Cornerstone’s EV charging services. This encourages widespread adoption of green habits while reducing carbon emissions.
- Social Impact (S): Zurich offers insurance discounts to participants, reinforcing positive behavioral changes. These rewards also help amplify the social benefits of a greener lifestyle.
- Governance Measures (G): The ZERO2 app provides data tracking and verification tools, ensuring accurate program evaluation. This governance capability enables timely adjustments to ESG strategies, optimizing carbon reduction outcomes.
Zurich’s initiative to combine gamification with sustainability reflects its innovative approach to fostering long-term behavioral changes while meeting global ESG benchmarks.
The Zurich Community on ZERO2
In addition to the broader partnership, Zurich has launched the ZURICH COMMUNITY on the ZERO2 app. This exclusive feature connects users to Zurich’s latest ESG updates, product offerings, and sustainability initiatives. By integrating its customers into its ESG journey, Zurich empowers individuals to make meaningful contributions to environmental protection while enjoying rewards.
Leading the Charge in ESG
Zurich’s collaboration with Negawatt and Cornerstone exemplifies its broader mission: to create a sustainable ecosystem while delivering real value to customers. The tri-party alliance reflects the company’s commitment to integrating ESG into its core business, combining innovation with measurable results.
By blending actionable initiatives with global ESG standards, Zurich is setting a benchmark for other organizations. Its ability to leverage technology and partnerships not only reduces environmental impact but also fosters a culture of sustainability within the community.
