Normal view (turn off text only mode)
You are here:

Social impact

With our social commitment, we play our part as a responsible enterprise, and place the emphasis on projects that are close to our core business.

We prefer to support projects in which we can actively contribute our risk expertise, while at the same time broadening our own horizons. In so doing, we seek to improve the effectiveness of the projects while generating valuable ideas for our employees and positive effects for our business.

In our corporate responsibility strategy, which we have geared to the shared-value approach, we are concentrating on three key global challenges we want to help solve: These are combating the effects of climate change, improving access to healthcare, and enhancing risk awareness. When selecting projects, we are guided by the criteria of our social impact concept, which we also use to measure the effectiveness of our actions.

We also support projects at our business locations that bring social and cultural benefits, and assist in acute catastrophe situations.

Our involvement – Partners and projects at a glance

Mitigating the effects of climate change

  • Tackling Climate Change Together: At the heart of this joint Munich Re and ERGO initiative are solutions designed to attenuate climate change. Our involvement is concentrated on two projects: Climate-KIC (Knowledge & Innovation Community) is the largest public-private climate initiative in the European Union. Its accelerator programme fosters cleantech start-ups with business models focused on climate change. The second project is a partnership with the company SOLARKIOSK, by financing so-called E-HUBBs in underserved rural areas in Kenya. These are kiosks, equipped with solar panels, generating electricity locally.

  • Munich Climate Insurance Initiative (MCII): On the initiative of Munich Re and representatives from the World Bank, NGOs and the scientific community, MCII was established in 2005 as a charitable organisation with a secretariat at the United Nations University in Bonn. The underlying idea was to support adaptation to climate change in developing and emerging countries by providing insurance-related risk management mechanisms. Since then, MCII has contributed suggestions on risk management to climate negotiations and provided technical support in the discussions on dealing with losses from climate change, for example under the UNFCCC “Loss and Damage” programme. MCII also provides premises for the InsuResilience Initiative, which was founded by the G7 countries in June 2015.

  • “34U – Tree for you” afforestation campaign: In 2017, staff members and their families from Munich Re of Malta plc planted around 200 trees for the seventh year running as part of the afforestation programme on the islands of Malta. The objective of the campaign is to increase the stock of trees in Malta and to raise environmental awareness in the local population.

Improving access to healthcare

  • Health4Good: The objective of this contest, which was initiated by DKV Seguros for start-ups, is to promote innovations, talent and the development of new digital ideas in the healthcare sector. The competition was held for the first time in 2016, with four of the 30 selected start-ups making it to the final round and winning financial and other prizes.

  • Eden Autism: Munich Re America supports the charitable organisation Eden Autism Services, which performs research into autism and supports autistic children and adults. The company is the main sponsor of the Eden Autism 5k and Fun Run-Walk, in which many staff take part, thereby contributing to the success of the annual fund-raising.

  • Integration at ERGO Hestia Poland and DKV Seguros: Company foundations promote the integration of people with disabilities into the workplace. The DKV Integralia foundation has set up several call centres, where customers receive advice and service from disabled staff. The Polish Integralia foundation has also created jobs for disabled people in various areas of the company and advises other companies and organisations on the employment of disabled people.

  • The Global Fund: The Global Fund fights Aids, tuberculosis and malaria worldwide. Since 2014, Munich Re has been funding a four-year project in Indonesia to fight tuberculosis, a widespread disease there. The objective is to reduce the mortality rate from tuberculosis and break the chain of infection. Important components of the project are quick tests to detect resistance and strengthening healthcare systems.

Enhancing risk awareness

  • Institute for Business and Home Safety (IBHS): In the USA, Munich Re America and the American Modern Insurance Group are supporting IBHS in a partnership. Independent experts and scientists use natural disaster and hazard scenarios to verify the safety and building standards of private and commercial buildings. The results of this research are then used to make recommendations for US building standards commissions and regulations.

  • InVEST: HSB supports the financial literacy project InVEST, thereby promoting insurance education in schools. The education programme, which has existed since 1970, provides attractive teaching material, which can also be used for training in the insurance industry.

  • Save the Children – Education Safe from Disasters: Munich Re supports the Save the Children organisation in introducing an app that enables claims in the education sector to be examined quickly following natural events. The objective is to ensure the rapid resumption of schooling after a natural catastrophe in regions affected by natural events.

Commitments at business locations

  • Corporate volunteering programme: ERGO offers its employees the possibility of working for a day with their colleagues in various voluntary projects. In 2017 for example, ERGO volunteers worked on the drainage of moorland, took children from an integration daycare centre to a climate rally and tended public gardens together with schoolchildren.

  • Cuidam: DKV Seguros is a founding member of the Cuidam programme, which aims to improve healthcare for needy children worldwide. Children from Africa, South America, Asia and Eastern Europe who previously had no access to medical care can thus receive treatment.

  • Münchner Förderzentrum: Munich Re supports the Munich support centre for adults with physical disabilities through donations and corporate volunteering. Residents of the support centre also sell products made in the workshops at the Munich Re Christmas market.

  • Habitat for Humanity: Hartford Steam Boiler Inspection and Insurance Company (HSB) supports the non-profit housing organisation Habitat for Humanity in the form of voluntary work performed by its employees and financial donations. HSB employees receive paid holiday if they help to build houses for needy families. The building materials are paid for with donations from HSB.

  • Tú decides: As part of the campaign “Tú decides” (you decide), clients, employees, doctors, insurance brokers and service providers vote for the projects they think DKV Seguros should support for a period of one year. Voters can choose between various health and environmental projects aimed at improving the quality of life of disadvantaged groups.

  • EPIC Day of Giving: Munich Reinsurance America has created the “Epic Day of Giving award“. Any member of staff can nominate a non-profit organisation. The Charitable Giving Committee at Munich Re America then chooses the five finalists. The winner is determined by a staff vote. In 2017, the winner was “Foster and Adoptive Family Services“.

GRI Content Index: G4-EC1/FS-EC1; G4 DMA Local Communities

Related topics

Main Navigation
Service Men


This publication is available exclusively to Munich Re clients. Please contact your Client Manager.