Munchener Ruckversicherungs-Gesellschaft AG in Munchen 2023 SR
The report details Munich Re's progress in its Ambition 2025 strategy, highlighting significant achievements in decarbonizing its (re)insurance and investment portfolios. The company overachieved its 2025 climate targets, reducing emissions from coal-fired power plants and thermal coal mining by 41% and oil and gas production by 80% compared to 2019. It also surpassed its €3bn renewable energy investment target. Socially, the company focused on diversity, reaching 39.5% women in management, and continued its 'Tackling Climate Change Together' initiative. Governance updates included a revised Code of Conduct and the implementation of the German Supply Chain Due Diligence Act.
Company: Munchener Ruckversicherungs-Gesellschaft AG in Munchen
Sector: Finance & insurance
Country: Germany
Year: 2023
Type: SR
Pages: 146
Back to company
Munchener Ruckversicherungs-Gesellschaft AG in Munchen
Sustainability Report
The report details Munich Re's progress in its Ambition 2025 strategy, highlighting significant achievements in decarbonizing its (re)insurance and investment portfolios. The company overachieved its 2025 climate targets, reducing emissions from coal-fired power plants and thermal coal mining by 41% and oil and gas production by 80% compared to 2019. It also surpassed its €3bn renewable energy investment target. Socially, the company focused on diversity, reaching 39.5% women in management, and continued its 'Tackling Climate Change Together' initiative. Governance updates included a revised Code of Conduct and the implementation of the German Supply Chain Due Diligence Act.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Apr 10, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women in Management
Net Zero Target
Employees