Corporate Responsibility

Corporate Responsibility Report 2019

In our Corporate Responsibility (CR) Report, we describe the ways in which we embrace corporate responsibility in our day-to-day operations.

About Corporate Responsibility at Munich Re

Munich Re adopts a forward-looking, prudent and responsible approach to handling risks. For over 135 years, Munich Re has created long-term value by assuming a diverse range of risks around the world. We are convinced that this business concept will continue to be successful in the future through sustainable action. Responsible corporate governance that reconciles economic, environmental and social requirements forms the basis to this approach. 

 

Corporate Responsibility News

Creating value with global responsibility

Our shared value approach aims to achieve added value for society as well as for our Group. We address social challenges, making the best use of our strengths and abilities and sharing knowledge with our stakeholders. Our risk expertise thus allows us to develop new perspectives and sustainable solutions. 

The strategic focus is on four fields of action:

For us, acting responsibly means creating added value – both for our Group and for society as a whole.
Joachim Wenning
Munich Re
Chairman of the Board of Management

Voluntary commitments

Voluntary commitments such as the UN Global Compact (UNGC), the Principles for Responsible Investment (PRI) and the Principles for Sustainable Insurance (PSI) of the UNEP FI represent a key element of our CR strategy. Through our risk expertise, our sustainable solutions and our actions as a responsible employer, we are contributing in particular to the achievement of the following seven UN Sustainable Development Goals (SDGs).

Key Topics

Munich Re has always valued an open and ongoing dialogue with its stakeholders. This has allowed us to identify at an early stage the topics that are material for us now and in the future from our partners’ perspective. The topics that are material for us: Climate change, risk awareness and prevention, along with data protection and cyber security remain high-priority topics. The topics of digital transformation and energy transition were added to the category with the highest level of materiality. The five top topics are closely related to our core business. An additional strategic focus is put on the topics of healthcare, client focus and satisfaction, sustainable investment, training and talent development.

Contact our Corporate Responsibility team