Munich Re launches new portal providing information on corporate responsibility

2010/10/12

Munich Re’s new corporate responsibility portal is now online. It clearly communicates the Group as a whole what Munich Re understands by corporate responsibility and where its strategic focus lies.

The portal has been designed in compliance with the Global Reporting Initiative (GRI) G3 Guidelines, the international standard for sustainability reporting. After checking whether the portal meets its exacting requirements for detailed reporting, the GRI officially confirmed Application Level B*.

Not only does the portal include the corporate responsibility report for 2009/2010, it also contains the “Communication on Progress for the UN Global Compact”. The latter is a voluntary economic initiative for the promotion of sustainable development currently with some 6,700 participating companies and organisations. Munich Re joined in August 2007.

With reference to a broad spectrum of measures and detailed indicators, Munich Re presents its achievements in this challenging field over the last few years. Our innovative business solutions take centre stage, for they constitute Munich Re’s response to the global challenges of climate change, new technologies, and an increasingly ageing society. The solutions involve increased investments in renewable energy, attractive rates for climate-friendly vehicles and extensive advice on how to develop holistic healthcare programmes.

The aim of Munich Re’s new corporate responsibility portal is to inform investors, clients, employees, rating agencies and the general public about its strategy and action in the field of corporate responsibility and on that basis to expand its dialogue with these stakeholders.

Corporate Responsibility portal

*A reporting level that includes a minimum 20 Performance Indicators, either core or additional, including at least one of each Indicator Category (Economic, Environmental, Labor, Human Rights, Society and Product Responsibility).
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