In December 2015, Swiss Re signed the Paris Pledge for Action, aimed at strengthening the global response to the threat of climate change. Various steps have been taken since then to fulfill that pledge, including committing to net-zero emissions by 2050 on the asset and liability side. This commitment forms a vital pillar of our Group Sustainability Strategy, which was introduced in 2019 and defines sustainable re/insurance as a strategic, long-term approach.