When Swiss insurer Zurich set its 2025 engagement target under the Net-Zero Asset Owner Alliance (NZAOA) framework, it aimed to push issuers responsible for 65 percent of its financed emissions to set science-based targets.
The firm hit this target in 2024, and engagement with issuers representing 18 percent of its financed emissions was classed as successful, with a further 31 percent still under engagement.