Environmental management

Munich Re takes its responsibility for environmental issues arising from our own operations at our numerous sites worldwide seriously. Even though the direct environmental impact of our activities is limited, since our business model is not energy and resource-intensive, we seek to get involved in areas where we can have a positive impact.

In determining our goals and activities, we are focusing on reducing consumption of resources and associated carbon emissions such as energy, purchasing green electricity, and ensuring that business travel is as environmentally friendly as possible. Additional options include generating less waste and using sustainable materials. In parallel with these activities, we continually raise our staff’s awareness of how to behave in an environmentally compatible manner through various activities and projects.

Munich Re has chosen to adopt a holistic approach through its Ambition 2025 initiative and, in addition to decarbonisation targets for investments and (re)insurance business, has also set targets for its own GHG emissions from operational business processes. Our target is to reduce our own GHG emissions by 12% per employee (2019 to 2025). By 2030, we want to achieve net-zero for our own GHG emissions