COP 21: Munich Re signs the Paris Pledge for Action

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Corporate Responsibility News

18 December 2015

COP 21: Munich Re signs the Paris Pledge for Action

Munich Re is showing its support for the “Paris Agreement” approved on 12 December 2015 at the COP21 United Nations Climate Change conference. By joining the “Paris Pledge for Action” we add our voice to a credible and coherent signal that we welcome the adoption of a new, universal climate agreement and we pledge our support to ensuring that the level of ambition set by the agreement is met or exceeded.

By the end of 2015 Munich Re has reached an important milestone in terms of our carbon footprint: The entire Group is carbon-neutral. But we have no intention of resting on our laurels, and are already developing further ambitious targets to improve our interaction with the environment.

The Paris Pledge for Action is a major initiative that many leading organizations from around the world are joining. Championed by the COP21 Presidency and French Minister Fabius, the pledge represents a unique opportunity for non-state actors to have their climate leadership officially recognised.

By supporting the pledge Munich Re has joined a progressive movement of global organizations in their efforts to meet and exceed the ambition of governments to keep the world on a trajectory that limits anthropogenic driven temperature rise to less than 2 degrees Celsius. The transition to a low-emission and climate resilient economy is inevitable, irreversible and irresistible. By working together we will solve the challenges from climate change.

How the Paris Agreement will be evaluated, and why insurance plays a role, is explained by Peter Höppe, Head of Geo Risks Research at Munich Re: Comment Peter Höppe


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