BALOISE HLDG.
BLON.XETRA | Life insurance
Baloise Holding AG is a Switzerland-based holding company engaged in the provision of insurance and reinsurance services. The Company operates through the segments of Life, Non-Life, and Other. The Non-Life segment offers a range of property, casualty, and liability insurance products for both indiv...Show More
Better Health for All
0
The company's core business as an insurance and reinsurance provider, along with banking and asset management, means its principal goods and services are generally health-neutral, with no direct positive or negative health impact. There is no evidence of revenue from products with direct health harms, nor do its products have direct safety implications or addiction potential.
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The company does not offer health-related products requiring price accessibility considerations, nor does it conduct clinical trials or hold pharmaceutical patents.
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No specific, quantifiable evidence is provided regarding the company's direct impact on health outcomes, accessibility for vulnerable populations, preventative measures, health equity programs, healthcare workforce support, or mental health initiatives for customers/community. Environmental pollution data is excluded from this assessment as per the value definition.
Fair Money & Economic Opportunity
0
No specific, quantitative evidence was found in the provided articles to assess Baloise Holding AG against the KPIs for Fair Money & Economic Opportunity. The articles primarily detail general financial performance, sustainability policies, and operational metrics, but lack concrete data points regarding underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives, data accessibility, fair lending compliance, wealth building outcomes, profit reinvestment, financial literacy initiatives, debt burden ratio, geographic inclusion, or product simplicity.
Fair Pay & Worker Respect
30
85% of employees were covered by collective pay agreements or the Swiss collective bargaining agreement for trained office staff in 2024.
1
Employee satisfaction surveys in 2024 showed 80% of employees responded positively.
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Voluntary employee turnover was 10.3% in 2024.
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The company reported 0 incidents of forced labor or child labor in 2024.
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Fair Trade & Ethical Sourcing
-10
The 2024 Annual Report on Non-Financial Matters stated zero substantiated forced- or child-labour incidents.
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The company's Vendor Code of Conduct outlines expectations for suppliers regarding ethical sourcing, including child labor, and mandates reporting of potential violations.
2
Honest & Fair Business
20
Baloise Group reports that 100% of its board members are free from material conflicts of interest.
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The company has a comprehensive anti-corruption policy with specific standards for gifts and hospitality, setting local limits of 200 CHF/EUR and requiring reporting above that threshold, along with training on compliance topics.
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A whistleblower policy is in place, offering an Integrity Line reporting platform and protection from retaliation.
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However, Baloise Belgium, a subsidiary, reached a €250,000 settlement with the Belgian Financial Services and Markets Authority.
4
Kind to Animals
0
No specific, concrete evidence was found in the provided articles to assess Baloise Holding AG against the 'Kind to Animals' ethical value.
1
Information regarding cruelty-free certifications, alternative testing methods, humane certifications for operations, ethical input substitution, supplier audits for welfare, cage-free sourcing percentages, animal testing volume, innovation investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement specifically on animal welfare was not available.
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While some articles mentioned general sustainability initiatives, investment screening policies related to intensive farming or animal testing
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, or sourcing of free-range meat for a staff restaurant
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, these data points either did not directly align with the specific requirements of the KPIs or could not be extrapolated to a company-wide scope as defined by the rubric.
No War, No Weapons
0
No specific, concrete data points were found in the provided articles to assess Baloise Holding AG against any of the KPIs for the 'No War, No Weapons' ethical value. The articles focus on general financial performance, broad ESG strategy, and responsible investment policies without detailing any involvement in arms, defense, dual-use technologies, sales to sanctioned regimes, peacebuilding initiatives, or specific ethical red lines related to conflict. Therefore, all KPIs are omitted due to lack of evidence.
Planet-Friendly Business
-60
In 2024, the company's total Scope 1, 2, and 3 greenhouse gas emissions were 1,584,221 tCO₂e, which represents a significant increase from 87,831 tCO₂e in 2023.
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The company has committed to net-zero emissions by 2050
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with interim decarbonization targets for 2030, but no SBTi-validated science-based carbon reduction targets are mentioned. For 2024, no capital expenditure was clearly assigned to EU taxonomy-aligned indicators.
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The company reported no significant environmental compliance violations or fines in 2024.
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Respect for Cultures & Communities
0
The company has no reported cultural appropriation incidents, violations, fines, or compliance issues.
1
Safe & Smart Tech
0
Baloise Group has not reported any data breaches, violations, or fines related to data protection.
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A cyberattack in April 2022 on its German subsidiary did not result in any company or customer data theft or encryption.
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The company operates a bug bounty program to enhance cybersecurity.
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It demonstrates compliance with Swiss and EU data protection regulations, with no reported regulatory actions or fines.
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The company advocates for a balance between innovation and self-regulation in data protection.
5
Zero Waste & Sustainable Products
-40
Baloise Group has implemented waste reduction initiatives, including centralized recycling stations for paper, aluminum, PET, and residual waste at most locations
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, and provides reusable bottles to employees in Luxembourg, Germany, Belgium, and Switzerland
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. The company has not reported any waste disposal violations or fines across the provided articles.
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