Munchener Ruckversicherungs-Gesellschaft AG in Munchen 2023 AR2
The report highlights Munich Re's strong financial and operational performance in 2023, achieving a net result of ’4.6bn and surpassing its profit target for the third consecutive year. The company made significant progress on its Ambition 2025 targets, with women holding 39.5% of management positions and greenhouse gas emissions from investments reduced by 47.3% compared to the 2019 base year. Additionally, Munich Re expanded its investments in renewable energies to ’3.1bn and successfully implemented its updated oil and gas guidelines to support global decarbonisation.
Company: Munchener Ruckversicherungs-Gesellschaft AG in Munchen
Sector: Financials
Country: Germany
Year: 2023
Type: AR2
Pages: 332
Munchener Ruckversicherungs-Gesellschaft AG in Munchen
Group Annual Report
The report highlights Munich Re's strong financial and operational performance in 2023, achieving a net result of ’4.6bn and surpassing its profit target for the third consecutive year. The company made significant progress on its Ambition 2025 targets, with women holding 39.5% of management positions and greenhouse gas emissions from investments reduced by 47.3% compared to the 2019 base year. Additionally, Munich Re expanded its investments in renewable energies to ’3.1bn and successfully implemented its updated oil and gas guidelines to support global decarbonisation.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Net Zero Target
Employees