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
Commitment to people and the environment
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.
Responding to climate change
Increasing risk awareness among the population and promoting risk prevention
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.
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.