As a responsible business, we are committed to public welfare and cohesion within our society. We promote projects that allow us to both contribute and expand on our risk expertise. In this way, we can increase the effectiveness of individual initiatives and motivate our employees to take part. When it comes to our social commitment, we focus on three significant global challenges: combating climate change and its consequences, improved access to healthcare, and increasing risk awareness.

Our corporate responsibility strategy forms the basis of our societal commitment, which we have geared to the shared-value approach. This lets us create added value, both for society and for our business. Our action fields are based on the issues for which we can provide our expertise and risk competencies, allowing us to have the biggest societal impact possible. Furthermore, we promote social and cultural projects at our sites and provide support for aid and reconstruction following disaster situations. Our employees make a significant contribution through corporate volunteering projects – something that we, as a business, actively promote.

Our goals and measures for 2019

Continuation of Munich Re and ERGO’s Group-wide project “Tackling Climate Change Together” (TCCT)
Group-wide roll-out of the concept for measuring the impact of our societal commitment
Development of new collaborations in social impact projects, in line with the criteria set out in the guideline

Commitment to people and the environment

Typhoon Hagupit, Batangas province, south of Manila

Our activities focus on three action areas: climate change, health, and risk awareness. Our societal commitment is regulated by a Group-wide guideline on donations, sponsoring, memberships  and social cooperation. In this context, our sites have a significant amount of freedom when it comes to choosing projects. The projects presented below are examples of our Group-wide commitment to tackling these three action areas.

 

Protecting against weather-related landslides

A high level of risk awareness can prevent damage and minimise danger for the population. For this reason, Munich Re supports the non-profit organisation GeoHazards International (GHI) in drawing up geological safety recommendations.

landslides
© David Ramos/ Getty Images
Rescue operations following devastating landslides

Resilient infrastructure

Munich Re also supports the organisation Save the Children in its risk prevention project for schoolchildren and their families in the slums of Delhi, India. The project reaches approximately 32,000 schoolchildren and 125,000 community members in the slums.

A woman looks at collapsed buildings in a shantytown in Port-au-Prince
© Rights-managed (RM)
Collapsed buildings in a slum

Better access to healthcare

The Global Fund is supporting the global fight against AIDS, tuberculosis and malaria. Since 2016, Munich Re has funded a four-year project that works to fight tuberculosis in Indonesia. The objective is to reduce the mortality rate and break the chain of infection. Quick tests that can detect bacterial resistance play a key role here, as does strengthening healthcare systems. Munich Reinsurance America, Inc., is a partner of the not-for-profit organisation Eden Autism Services which carries out important research in the field of autism and provides support for autistic children and adults. As a main sponsor, the company promotes the annual Eden Autism 5k and Fun Run/Walk, an event in which many of our employees participate. 
Platzhalter
© Andrew Brookes / Cultura / mauritius images

Rapid disaster relief for people in need

For many years, Munich Re has provided financial support for emergency aid measures and reconstruction projects following natural disasters. Again, we work closely with the aid organisation Save the Children to provide this support. Munich Re gave its first donation to Save the Children’s aid measures in 2018, following catastrophic flooding in Laos and India and the tsunami in Indonesia. Munich Re will continue working with Save the Children in 2019, now as part of a formal partnership.

Foundations take on responsibility worldwide

The corporate responsibility of the Munich Re (Group) is supplemented and complemented effectively by the work of five different foundations:

Explore further Corporate Responsibility topics

Corporate Responsibility Report

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