Zurich Insurance Group

Sustainability Governance & positions Our positions 
Fossil fuels
Coal, oil sands and oil shales
Overall progress towards the Paris Agreement goals is slow
and all pathways analyzed in the IPCC’s 1.5 degrees report
published in October 2018 and the International Energy
Agency (IEA) Net Zero by 2050 (NZE2050) scenario
require a “steep reduction” in the use of fossil fuels. Limiting
average temperature increases to 1.5°C rather than 2°C will
result in “robust differences” in terms of fewer...