UNIQA INSURANCE GROUP AG.
UN9.XETRA | Life insurance
UNIQA Insurance Group AG is an insurance company based in Austria. It provides a range of insurance products and services, including property and casualty insurance, life insurance, and health insurance, to both individual and corporate clients. The company operates in several countries in Central a...Show More
Better Health for All
0
UNIQA Insurance Group AG's core business is insurance, including health insurance, which generated €1,388.1 million in premiums in 2023.
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The company does not derive revenue from products or activities with well-established negative health outcomes.
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As an insurance provider, its products do not have direct safety implications for physical or mental health, nor do they have addiction potential.
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The company's operations do not generate significant direct health externalities, although it reported a carbon emissions reduction of 21 tonnes in 2023.
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The company is not a pharmaceutical, food, or research organization, so KPIs related to patents, nutrition, or clinical trial ethics are not applicable.
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Fair Money & Economic Opportunity
0
No specific, quantifiable evidence was found in the provided articles to assess UNIQA Insurance Group AG against any of the KPIs for the 'Fair Money & Economic Opportunity' value. The articles for UNIQA (Articles , , ) primarily focus on environmental, social (employee diversity), and governance metrics, but lack concrete data points regarding customer demographics for underserved segments, product pricing fairness, revenue from high-cost products, specific financial inclusion initiatives for low-income or micro-segments, customer data portability, regulatory findings related to fair lending, wealth-building outcomes for customers, profit reinvestment in community finance, customer-focused financial literacy programs, customer debt burden ratios, geographic inclusion in underserved areas, or measurable product simplicity metrics. General statements about operations or efforts without specific quantitative outcomes or direct relevance to the KPI definitions were not considered sufficient evidence for scoring.
Fair Pay & Worker Respect
10
The company recorded 111 substantiated labor-law violations over the past three years (101 in 2022, 10 in 2023, and 0 in 2024).
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The total employee turnover rate was 18.5% in 2024.
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The CEO-to-median employee pay ratio was 50.0 in 2024.
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The adjusted gender pay gap was 3.1% in 2024, meaning women earned 96.9% of men's pay.
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Employee satisfaction was 4 out of 5 stars (80%) in 2024.
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Total collective bargaining coverage was 58.1% in 2024.
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In 2023, 6.925% of employees were on temporary contracts.
Fair Trade & Ethical Sourcing
0
UNIQA Insurance Group AG is an insurance company, primarily engaged in financial services rather than the procurement or manufacturing of physical goods. Consequently, several KPIs under Fair Trade & Ethical Sourcing are not applicable to its core operations. The company does not procure or trade physical commodities, making fair-trade certifications for inputs, traceability of physical supply chain tiers, and material risk indices irrelevant. Similarly, it does not have a supplier base that typically requires welfare or sourcing audits related to physical goods production. Given the nature of its business and the absence of reported forced/child labour incidents over the required timeframe, remediation processes for such violations are not applicable. While zero substantiated forced- or child-labour findings were reported for the last financial year, data for the full three-year period required by the KPI is not provided.
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No specific percentage of contracts with enforceable ethical-sourcing clauses or procurement budget directed to diverse suppliers is available.
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Honest & Fair Business
0
No specific, concrete data points for UNIQA Insurance Group AG (UN9.XETRA) were found in the provided articles for any of the KPIs related to Honest & Fair Business. pertains to Raiffeisenbank Austria d.d., not UNIQA, and is a methodology document that explicitly states it does not contain data specific to UN9.XETRA.
1
Kind to Animals
0
UNIQA Insurance Group AG is an insurance company, as evidenced by its implementation of an ESG Standard for underwriting in the non-life insurance business (Article 2).
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Its core business model is service-oriented and does not involve activities typically associated with direct animal welfare concerns, such as manufacturing products, conducting animal testing, engaging in animal agriculture, or sourcing animal-derived ingredients. While 'Animal welfare and testing' and 'Protected locations/species' are considered ESG topics within UNIQA's underwriting process for clients (Article 2),
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there is no evidence of the company's own direct operational involvement, measurable initiatives, or specific policies related to these areas. Article 4 states 'Animal Testing No,' but this is noted as lacking supporting data or details.
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No War, No Weapons
0
No specific, concrete data points were found in the provided articles to assess UNIQA Insurance Group AG against the 'No War, No Weapons' ethical value. The articles discuss general ethical conduct
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, sustainability strategies
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, and humanitarian aid initiatives in Ukraine
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, but do not provide quantitative or qualitative evidence for any of the defined KPIs related to arms, defense, dual-use technologies, peacebuilding investment proportions, or conflict-related policies.
Planet-Friendly Business
-50
UNIQA Insurance Group AG reported total Scope 1, 2, and 3 greenhouse gas emissions of 7.208 million tCO2e in 2024.
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The company's interim greenhouse gas reduction targets for investments and operational ecology by 2030 have been validated by the Science Based Targets initiative (SBTi) since December 2023, aligning with a 1.5°C pathway.
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In 2024, 54% of the energy consumed in owner-occupied properties was sourced from renewable energy.
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The share of capital expenditure aligned with the EU Sustainable Taxonomy was 1.07% in 2024.
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The company recorded four cases of non-compliance with environmental laws and regulations in 2023, resulting in monetary penalties totaling €276,700.
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Corporate disclosure is partially aligned with TCFD guidelines, and climate scenario analysis is included. UNIQA conducts comprehensive climate scenario analysis using NGFS, IPCC, RCP 4.5, and RCP 8.5 pathways, covering 1.5°C, 2°C, and 3°C+ scenarios. The company has a strategic plan for phasing out fossil fuels, with defined interim targets and measures for assets at risk, including specific phase-out dates and revenue thresholds for coal, oil, natural gas, and nuclear energy.
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Respect for Cultures & Communities
40
The company has over 20 formal partnerships, including with the Austrian Federal Ministry of Climate Action, UN Global Compact, UNEP FI, Principles for Sustainable Insurance, Raiffeisen Banking Group, SPORTUNION Austria, KURIER Aid Austria, Mobile Caritas hospice, Austrian Mountain Rescue Service, Austrian Disability Council, Vienna University of Technology, INiTS Universitäres Gründerservice Wien GmbH, Special Olympics Austria, St. Josef Hospital in Vienna, LIMAK Austrian Business School, KERN CEF language institute, and Mavie Work.
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It also has a LARA partner network with around 500 locations.
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The company has actively supported the reconstruction of cultural sites such as the Skampa Theater, Kinema Millenium, and museum houses.
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, with no reported incidents of disruption caused by the company. A standardized process and guideline are in place for handling discrimination incidents.
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, with four reports processed in 2023, one of which was a confirmed case of discrimination.
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No cultural appropriation incidents have been reported. Free, Prior, and Informed Consent (FPIC) processes and specific tracking of indigenous or minority-owned suppliers are not applicable to the company's insurance operations.
Safe & Smart Tech
10
UNIQA Insurance Group AG states compliance with GDPR, the Austrian Data Protection Act, and the Telecommunications Act, and is considering the Digital Operational Resilience Act.
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No regulatory actions, violations, or fines are reported.
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Users can revoke consent for newsletter, press distribution, and report subscriptions.
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For Annual General Meeting participants, rights to information, rectification, erasure, restriction of processing, objection to processing, and data portability are provided.
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The company states that only necessary data is collected, with specified retention periods including 12 months, 25 months, and 3 years for certain data types.
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However, statutory retention periods can extend up to 30 years in some cases.
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Zero Waste & Sustainable Products
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No specific, concrete data points are available in the provided articles for any of the KPIs related to Zero Waste & Sustainable Products. The articles explicitly state the absence of information regarding waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability scores, waste audit frequency, zero-waste certifications, waste disposal violations, material efficiency, packaging-to-product ratios, waste reduction targets, supplier waste requirements, or customer waste education. General environmental certifications (EMAS, ISO14001)
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and carbon emission targets are mentioned but do not directly address the specific waste and sustainable product metrics required by the rubric.