Climate-related disclosure

Climate change, predominantly the result of human activity, is real and has a major influence on weather-related natural disasters. Science provides ever clearer evidence of this fact, although to differing degrees depending on region and type of hazard. Munich Re is a pioneer in the analysis of how anthropogenic global warming and natural climatic variability impact losses caused by weather-related natural disasters. For the past four decades, we have researched risks, loss prevention measures and new risk transfer solutions. In addition, we examine long-term data on meteorology and losses to better understand changes in risk.

In Munich Re Group’s integrated climate-related disclosure we present how we deal with the challenges and risks of climate change. Content and structure follow the recommendations of the Task Force on Climate-related Financial Disclosure (TCFD) in addressing our governance, strategy, risk management as well as metrics and targets with regard to climate change.