Zurich Collaborates with Negawatt and Cornerstone Technologies to Drive Sustainability Efforts and Build a Thriving Green Ecosystem
- Written by Media Outreach
HONG KONG SAR - Media OutReach Newswire - 20 November 2024 - Zurich Insurance (Hong Kong) ("Zurich") is committed to sustainability and has long been committed to promoting eco-friendly practices and healthier lifestyles within the community. As the first international insurance group to pledge support for the Paris Agreement in the fight against global warming, Zurich is targeting net-zero emissions by 2030. Beyond minimizing its carbon footprint in daily operations, Zurich integrates sustainability into our product and service offerings, expanding our Environmental, Social, and Governance (ESG) framework to deliver long-term value to customers. This unwavering commitment and outstanding performance have earned Zurich the "Excellence in ESG and Sustainability Award" at the Hong Kong Insurance Awards, hosted by the Hong Kong Federation of Insurers, for three consecutive years, underscoring both industry and public acclaim for our ESG strategy. 
Hong Kong Observatory (First in the right), Arthur LAM, Co-Founder & CEO of Negawatt (Second in the left), Vincent YIP, Chief Executive Officer, Cornerstone Technologies (Second in the right) attended the kick-off ceremony to celebrate the launch of tri-party collaboration.
As part of Zurich's ESG commitment, we are proud to announce our collaboration with Negawatt Utility Limited ("Negawatt") and Cornerstone Technologies. Leveraging our expertise in distinct areas, we aim to accelerate the evolution of a sustainable ecosystem within the community, starting with green mobility. The gamified app, ZERO2, launched by Negawatt, partners with numerous eco-friendly merchants to offer free gifts and discounts, encouraging individual users to complete various ESG tasks. This fosters the development of daily sustainable habits and reduces carbon emissions. Notably, ZERO2 is Hong Kong's largest ESG rewards platform in terms of the number of users and the only pioneering ESG lifestyle app approved to join the HKQAA ESG Connect program. Meanwhile, Cornerstone Technologies, a premier electric vehicle (EV) charging service provider in Hong Kong, has established an extensive EV charging network, making significant positive impact on the environment. It offers a range of charging solutions to promote EV adoption and green transport, contributing to a low-carbon future. Zurich, Negawatt and Cornerstone Technologies will work closely together in the areas of environmental (E), social (S) and governance (G), leveraging their capabilities to create synergies and strengthen ESG efforts. The tri-party alliance will launch a series of promotional activities.
In this collaboration, Zurich, Negawatt and Cornerstone Technologies will work closely together in the areas of environmental (E), social (S) and governance (G), leveraging their capabilities to create synergies and strengthen ESG efforts. To champion carbon reduction initiatives, the tri-party alliance invites individuals to complete various tasks, such as using Cornerstone's EV charging services to earn Zero2 points and support environmental protection (E). In recognition of these efforts, Zurich offers insurance discounts and provides protection, creating a positive social impact (S). The ZERO2 app helps users track and verify data that contributes positively to the environment, providing solid proof for program evaluation and ensuring precise governance (G). This, in turn, enables us to analyze data in a timely manner, adjust ESG strategies and achieve optimal carbon reduction results. Join the Green Lifestyle Community and Earn Rewards for Reducing the Carbon Footprint Zurich has launched an exclusive ZURICH COMMUNITY on the ZERO2 app, providing users with instant access to our latest ESG updates and product offers. To mark this first collaboration, Zurich, Negawatt, and Cornerstone Technologies have launched a welcome promotional campaign. We invite customers and the public to participate in carbon reduction initiatives involving clothing, food, housing, and mobility on ZERO2. For example, participants can earn ZERO2 points and redeem rewards by engaging in community recycling projects, embracing plastic-free lifestyle, and reducing household energy waste, in recognition of their dedication to renewable energies. Eric Hui, Chief Executive Officer of Zurich Insurance (Hong Kong), said, "Sustainability has always been a top priority for Zurich. We strive to reduce the carbon footprint through various means to reach our net-zero goals, while integrating sustainability elements into all our products and services. We are also committed to helping our customers transform, encouraging them to change their mindsets and develop new habits. We are excited to partner with Negawatt and Cornerstone Technologies to create a green lifestyle community that inspires individuals to develop environmentally friendly habits in their daily lives and seamlessly integrate environmental stewardship into their routines." To reward...