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| Name | Symbol | Market | Type |
|---|---|---|---|
| Zurich Insurance Group Limited (QX) | USOTC:ZURVY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.015 | -0.03% | 51.435 | 51.42 | 51.45 | 51.62 | 51.34 | 51.62 | 30,006 | 18:09:28 |
From May 2021 to May 2024
By Ed Frankl
Zurich Insurance Group AG said Thursday it would bring forward by 20 years its target to achieve net-zero emissions in its operations.
The Swiss insurance company said it will now aim to reach its goal by 2030 rather than 2050, after implementing plans to achieve deep cuts in absolute emissions this decade.
Zurich said it made advance payments to companies that work to remove carbon from the atmosphere to help them further develop, scale and commercialize their technology.
The carbon-removal companies are InterEarth from Australia, Puerto-Rico based Bio Restorative Ideas, and Oregon Biochar Solutions, Zurich said.
In March 2021, the company said it would target cutting emissions from operations by 50% by 2025 and 70% by 2029.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
March 31, 2022 04:27 ET (08:27 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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