New corporate citizenship concept – Commitment according to plan

Corporate citizenship – Munich Re's responsibility towards society – has a long-standing tradition at Munich Re. Our new concept for the strategic orientation of our commitment to corporate citizenship is based on business-related topics and sets out the guidelines and criteria for selecting donations and sponsorship projects.

One of our main aims in addition to exercising responsibility in our business and organising our environmental management is to make a contribution to benefiting society at our different business locations with the same measure of care and seriousness. After all, assuming an active role as a corporate citizen, i.e. acting as a sponsor, donor and co-shaper of innovative social processes and projects, is an indispensable part of corporate responsibility.

To position ourselves more strategically and create a framework for our international social commitment, we have designed a Group-wide corporate citizenship concept that contains concrete sponsorship criteria. Instead of making many small individual donations at the different locations, we intend to increasingly concentrate on major projects with selected partners. The emphasis is on long-term cooperations and a stronger involvement of our staff in » corporate volunteering measures. In addition to the basic promotion of social and cultural projects at our different locations, the concept focuses on business-related topics. Our reinsurance operations intend to increasingly support projects in the field of natural catastrophes and demographic change that deal with disaster prevention and the consequences of migration. ERGO will devote special attention to youth and school projects, with a strong focus on the promotion of educational and children's projects in the field of music. Health and prevention topics will be given precedence by Munich Health.

This project-based commitment on the part of Munich Re will be supplemented by the activities and projects engaged in by the three corporate foundations – the Munich Re Foundation, the Dr. Hans-Jürgen Schinzler Foundation and the ERGO Youth & Future Foundation – which contribute significantly to addressing problems and challenges sustainably at national and international level.