For many years, Munich Re has provided financial support for emergency aid measures and reconstruction projects following natural disasters. To this end, we work closely with and support the aid organisation Save the Children. Munich Re set up a formal partnership with Save the Children in 2019.
In 2022, humanitarian interventions included the provision of shelter and foodstuffs as well as medical, psychological and pedagogical support to families and children across the Horn of Africa, South(-East) Asia and Eastern Europe. As a result, more than 3,570 beneficiaries received, among other aid measures, vital nutritional assistance in the form of food packages and cooking utensils.
We also show our commitment to numerous social, cultural and ecological projects at our different sites through corporate volunteering. Many of the initiatives were conceived by our employees, who also drive them forward. We fully endorse our employees’ voluntary work. At Munich Re in Munich, for example, employees can take up to two days special leave if they dedicate part of their annual holiday to volunteering projects. In addition, the Schinzler Foundation supports our employees’ voluntary work by giving grants to various projects
Together we care : Social Engagement Awards
All employees of Munich Re worldwide were invited to apply for the Social Engagement Awards. The prerequisite for a project application was personal commitment in the form of Corporate Volunteering activities, as well as the association of a team with at least five colleagues.
Our employees voted to decide which of the 114 submitted projects should be funded, with a total of about 17,000 votes cast. Chosen initiatives were rewarded with grants of between €5,000 and €250,000, with a total of 25 charitable projects (over 20% of the total number of projects) supported by the Social Engagement Awards. The broad range of supported projects covered areas such as education, healthcare, inclusion, nature and species conservation. Furthermore, all selected projects were either able to start their work or significantly develop the concept thanks to Munich Re’s financial support.