

At SCOR, we believe that stakeholder value is every bit as important as shareholder value. We care about all of our stakeholders, and about society as a whole. Creating shared value is part of the way we want to do business. A signatory of the United Nations Global Compact and the Principles for Sustainable Insurance (United nations for Environmental Program - Finance Initiative), SCOR constantly strives to create this value, basing its efforts around five pillars: a robust governance and compliance framework, a human capital policy based on global, harmonized and non-discriminatory principles, preservation of the environment, ethics and transparency measures, and corporate citizenship. With these five pillars, we are committed to a shared value approach through Corporate Social Responsibility, in the interests of the company and all its stakeholders.
SCOR is particularly attentive to the adoption of rigorous corporate governance principles, which contributes to the excellence of its Enterprise Risk Management. Sound governance principles are a priority for the Group, which in 2008 adopted the Corporate Governance Code for listed corporations published by the AFEP (Association française des entreprises privées) and the MEDEF (Mouvement des entreprises de France) (hereinafter the "AFEP-MEDEF Code") as its corporate governance code of reference.
As SCOR is always improving its governance, a new Corporate Social Responsibility committee was created on 24 October 2017 in order to leverage on the pivotal role of boards in terms of ensuring that corporate strategies are consistent with a company’s long-term sustainability.
Learn more about Governance
Alongside financial capital, human capital is a crucial resource for a reinsurer. Financial capital ensures solvency, while human capital ensures profitability. Solvency and profitability are the Group’s two main objectives. We manage both financial and human capital extremely carefully. In this sense, one of SCOR’s competitive advantages resides in its ability to attract, mobilize and optimize the skills and talents available, so as to achieve excellence in terms of expertise. In a market as competitive as reinsurance, it is human capital that will make us stand out, by enabling us to provide suitable, personalized and optimized solutions to all of our clients. SCOR’s human resources strategy is based on a rigorous, rational approach designed to enhance the technical skills, leadership and performance of all those who contribute to its development.
Learn more about our Human Resources
The SCOR Group believes that (re)insurance, when paired with strong liability laws and regulations, is a highly effective tool to promote sustainability. Consequently, SCOR upholds Sustainable Development as one of its five core values. This belief is anchored in our Code of conduct. It is also embodied in the international commitments and initiatives related to the environment we have embraced for many years.
Code of Conduct
SCOR has a longstanding tradition of corporate citizenship, aligning its global involvement with its business activities, its corporate values and its tagline, “The Art & Science of Risk”. Over the past few years, SCOR has committed more than 12 million in cash to the support of science, education and academic research, either directly through various kinds of partnerships with well-known universities and research centers, or through its dedicated foundation, the SCOR Corporate Foundation for Science.