MASHINIi

HELVETIA HLDG.

HVXA.XETRA | Life insurance

Helvetia Holding AG is a Swiss insurance group. It provides a comprehensive range of insurance and reinsurance products and services. Its offerings include life, non-life, and accident insurance, as well as reinsurance solutions. The company operates through various distribution channels, including ...Show More

Ethical Profile

Mixed.

Helvetia Holding AG presents a mixed ethical profile. While carbon neutral for its own operations since 2018, sourcing 100% electricity from renewables in 2023, critics point to high overall Scope 1, 2, and 3 emissions of 1,740,388 tCO₂e in 2024. On employee welfare, 77% of employees are highly engaged, and 92% approve of the CEO. An independent 2022 audit confirmed fair pay. However, safety incident rates are reportedly not monitored. Regarding fair business practices, Helvetia Spain allegedly incurred a EUR 48,000 penalty for late or inaccurate motor vehicle insurance data submission.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity-30
-100100
Fair Pay & Worker Respect20
-100100
Fair Trade & Ethical Sourcing-20
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons-20
-100100
Planet-Friendly Business-60
-100100
Respect for Cultures & Communities-50
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

Helvetia provides mental health support and prevention programs for its employees.

1
These initiatives include mental health first aid courses, resilience workshops, Job Stress Analysis, Leadership Kits, team training sessions, mindfulness exercises, e-learning, and targeted support for junior staff.
2
The company describes its approach as proactive and compares favorably to other employers in the industry.
3

Fair Money & Economic Opportunity

-30

Helvetia's sustainable products, which include offerings for socially disadvantaged groups, constituted 1.25% of its total business volume in 2023.

1
This share increased from 0.94% in 2022.
2

Fair Pay & Worker Respect

20

The company's CEO to median employee pay ratio was 21.4 in 2022.

1
In 2023, 62.2% of employees were covered by collective bargaining agreements.
2
The employee engagement index was 77% in 2023, exceeding the Global Finance Benchmark of 70%.
3
An independent audit in Switzerland in 2022 confirmed fair pay, with the difference between women's and men's wages below the 5% tolerance threshold, and no systematic wage inequalities were identified.
4
The voluntary employee turnover rate for 2023 was 15.6%.
5
There were no confirmed incidents of discrimination or harassment reported via the whistleblower system, and no significant breaches against laws and regulations in the social and economic sphere in 2018.
6

Fair Trade & Ethical Sourcing

-20

The company reported no substantiated forced- or child-labour findings in 2023 and for the period covered by the 2025 report, with due diligence checks conducted to avoid such issues

1
. Additionally, 65% of contacted suppliers have accepted the Vendor Code of Conduct
2
.

Honest & Fair Business

0

No specific, quantifiable evidence was found in the provided articles for any of the KPIs related to the 'Honest & Fair Business' ethical value. The articles primarily detail financial performance, business volume, and the availability of annual reports and financial condition reports

1
, but do not contain information on regulatory fines, transparency index scores, whistleblower policies, financial restatements, audit coverage, ESG controversy scores, complaint resolution times, board conflict-free percentages, anti-corruption policies, or third-party verification of ethical claims.
2

Kind to Animals

0

Helvetia Holding AG is an insurance group, and its core business model does not involve animal-derived products, animal testing, animal husbandry, or animal agriculture. Therefore, KPIs such as cruelty-free certification, alternative testing usage, humane certified operations, ethical input substitution, cage-free sourcing, animal testing policy and volume, animal agriculture ethics, and animal-free R&D collaboration are not applicable to its operations. The company offers pet insurance, but this is a service and does not involve direct animal welfare practices by the company. 165 vendors have accepted the VCOC out of 251 contacted, resulting in a 65% acceptance rate.

1
No specific, measurable evidence was found regarding wildlife conservation impact, animal welfare compliance in supplier audits, R&D investment specifically in animal-free technologies, or public policy engagement specifically on animal welfare.

No War, No Weapons

-20

Helvetia Holding AG is an insurance group, and the provided articles do not indicate any involvement in arms manufacturing, defense contracts, or related activities. Therefore, for KPIs related to defense business, such as board oversight, the company is assessed as N/A. Helvetia is guided by the UN Global Compact and reports on progress

1
, which aligns with integrating UN Guiding Principles and issuing human-rights reports.

Planet-Friendly Business

-60

The company reported total Scope 1, 2, and 3 greenhouse-gas emissions of 1,740,388 tCO₂e for 2024.

1
It has net-zero targets for its own operations by 2040
2
and for its investments and non-life insurance portfolio by 2050,
3
utilizing the SBTi Sectoral Decarbonization Approach.
4
In 2024, 61.6% of operational energy consumption was sourced from renewables.
5
Less than 1% of capital expenditure was aligned with the EU Sustainable Taxonomy in 2024.
6
The company follows all 11 TCFD recommendations.
7
In 2022, 5% of facilities had green building certifications.
8

Respect for Cultures & Communities

-50

Helvetia donated CHF 3.6 million to cultural heritage organizations.

1
Based on a 2023 business volume of CHF 11,311.3 million,
2
this represents approximately 0.0318% of revenue. As this percentage is closer to 0% than to 0.5% and the company operates in culturally significant areas, it maps to the -100 tier. No specific, quantifiable evidence was found for formal partnerships with indigenous or local community groups, revenue reinvested in local community development, cultural appropriation incidents, cultural impact assessment protocols, local employment ratio, community-specific grievance mechanisms, average complaint resolution time, FPIC participation rate, community governance inclusion, cultural preservation investment, local procurement share, indigenous supplier count, cultural site protection actions by the company, social license to operate, community fund allocation, language inclusivity, cultural incident response, or cultural sensitivity training completion.

Safe & Smart Tech

0

No evidence available to assess HELVETIA HLDG on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No specific, quantifiable data was provided regarding Helvetia Holding AG's waste diversion rates, product recyclability, packaging sustainability, or the percentage of recycled content in its products.

1
Information on single-use plastic reduction, take-back programs, or the integration of circular design principles for the company's operations or products was not found.
2
Waste reduction initiatives and hazardous waste management details were only provided for subsidiaries (Caser Residencial and Hospitales Parque) and not explicitly for Helvetia Holding AG itself.
3
There was no data on waste audit frequency, zero waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, or specific waste reduction targets.
4
While a Vendor Code of Conduct requires suppliers to minimize environmental impact, it does not explicitly detail waste reduction or recyclability requirements.
5
No specific customer waste education programs were mentioned.
6

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.