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.Solar Plant
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    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.

    Targets for own emissions 2025 and beyond

    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
    less GHG per employee 2019 to 2025
    green electricity purchased Group-wide in 2025
    own emission of the Group are cabon net-zero

    Our success

    GHG emission reduction per employee since 2019
    We exceeded our reduction target of 12% per employee (2019–2025) by far and achieved 22% less carbon emissions in 2022 - compared to 2019.
    Green electricity Group-wide in 2021
    In 2022, 90% of the electricity purchased was from renewable sources. We are aiming for 100% green electricity purchased Group-wide by 2025.

    Explore further Sustainability topics

    Sustainability Report 2022

    In our Sustainability Report, we describe the ways in which we embrace sustainability in our day-to-day operations.