Munchener Ruckversicherungs-gesellschaft Ag · XETR:MUV2

Munchener Ruckversicherungs-gesellschaft — Munich Re — ESG Presentation (April 2013)

29 slides from Munchener Ruckversicherungs-gesellschaft's sustainability presentation, Apr 17, 2013

  1. Slide 1: Corporate Responsibility @ Munich Re

    Corporate Responsibility @ Munich Re Dr. Astrid Zwick Corporate Responsibility - Munich Re 17 April 2013

  2. Slide 2: Contents

    Contents 1. Relevance of Corporate Responsibility 2. Corporate Responsibility @ Munich Re  Our strategic approach 3. Corporate Responsibility in Business  Principles for Sustainable Insurance (PSI)  Framework to integrate ESG aspects 4. Environmental Management 5. Corporate Citizenship Corporate

  3. Slide 3: Why Corporate Responsibility?

    Why Corporate Responsibility? The principle of sustainability – Sustainability – more important for corporate The start of long-term management responsibility today than ever "One should only strike as many trees as can "Sustainable development involves the grow back, … to secure the stock for the f

  4. Slide 4: Higher relevance of Corporate Responsibility for stakeholders and as competitive advantage

    Higher relevance of Corporate Responsibility (CR) for stakeholders and as competitive advantage  Increase in national CR reporting legislation (e.g. EU, F, D, UK, NL, S-Africa) Regulation  Climate regulation on the rise (e.g. UK Carbon Commitment, China, India)  Increase of SRI investments Capita

  5. Slide 5: Relevance of Socially Responsible Investments is increasing

    Relevance of Socially Responsible Investments (SRI) is increasing – also for Munich Re Group Development of SRI funds Positive SRI ratings of Munich Re Source: vigeo: “Green, Social and Ethical Funds in Europe – 2012 review”, December 2012 Source: GD1.3 Corporate Responsibility @ Munich Re 17.04.201

  6. Slide 6: Contents

    Contents 1. Relevance of Corporate Responsibility 2. Corporate Responsibility @ Munich Re  Our strategic approach 3. Corporate Responsibility in Business  Principles for Sustainable Insurance (PSI)  Framework to integrate ESG aspects 4. Environmental Management 5. Corporate Citizenship Corporate

  7. Slide 7: International cooperations of Munich Re

    International cooperations of Munich Re – a strong commitment towards Corporate Responsibility Examples UNEP-FI Munich Re has signed the climate declaration of the UNEPFI and is active member of the UNEPFI Climate Change Working Group. since 1999 Principles for Responsible Investment (PRI) Munich Re

  8. Slide 8: Our mission is part of Munich Re's core principles

    Our mission is part of the Munich Re’s core principles CR Strategy Mission, Goals, Action Fields MR mission: „CR is integral part of our corporate strategy and relevant for all business areas and operations:  Munich Re actively also integrates ESG aspects into (re)insurance and asset management  M

  9. Slide 9: 5 action fields in 1 group-wide Corporate Responsibility Programme

    5 action fields in 1 group-wide Corporate Responsibility Programme Enabling Enabling Core activities Framework Framework 1 2 3 4 5 Environmental Corporate Reporting & Strategy & CR in Management Citizenship Communi- Governance Business System (EMS) (CC) cation  CR strategy  Integration of CR  Glo

  10. Slide 10: Contents

    Contents 1. Relevance of Corporate Responsibility 2. Corporate Responsibility @ Munich Re  Our strategic approach 3. Corporate Responsibility in Business  Principles for Sustainable Insurance (PSI)  Framework to integrate ESG aspects 4. Environmental Management 5. Corporate Citizenship Corporate

  11. Slide 11: 5 action fields in 1 group-wide Corporate Responsibility Programme

    5 action fields in 1 group-wide Corporate Responsibility Programme Enabling Enabling Core activities Framework Framework 1 2 3 4 5 Environmental Corporate Reporting & Strategy & CR in Management Citizenship Communi- Governance Business System (EMS) (CC) cation  CR strategy  Integration of CR  Glo

  12. Slide 12: Global survey supports relevance of ESG factors

    Global survey of practitioners supports relevance of Environment – Social – Governance (ESG) factors ‘Companies that have strong policies on ESG are generally better managed in all aspects of their operations including their risk management culture.’ – Director, Risk Management (Europe) ‘We are conv

  13. Slide 13: Munich Re supported the development of the PSI

    Munich Re supported the development of the Principles for Sustainable Insurance (PSI) ESG across industry sectors UN Global Compact Principles ESG across financial sectors (banking, insurance and investment) UNEP Finance Initiative Statements ESG by financial sector Proposed UN- UN-backed Equator ba

  14. Slide 14: The PSI development process in 2011

    The PSI development process in 2011: global, inclusive and consultative UNEP FI-PSI TEAM GLOBAL MEETING EUROPE NORTH AMERICA 7-9 December 25-26 October 12-13 June Rüschlikon, Switzerland Munich, Germany Guelph, Ontario, Canada ASIA UNEP FI GLOBAL Over 500 insurance industry 10-11 November Tokyo, Jap

  15. Slide 15: Principles for Sustainable Insurance – voluntary and aspirational

    Principles for Sustainable Insurance (PSI) – voluntary and aspirational Primary aims of the PSI Initiative 1. We will embed in our decision-making  Create voluntary and aspirational global environmental, social and governance principles, including possible actions, to issues relevant to our insuran

  16. Slide 16: Global launch of the PSI: June 2012, Rio de Janeiro

    Global launch of the PSI: 19 June 2012, Rio de Janeiro, Brazil Corporate Responsibility @ Munich Re 17.04.2013 16

  17. Slide 17: PSI signatory companies and supporting institutions

    PSI signatory companies and supporting institutions PSI signatory companies  Represent about USD 500 billion in gross premiums written or over 10% of world premium volume  Have combined total assets of over USD 5 trillion 1. Achmea (Netherlands) 12. Itau Seguros (Brazil) 24. Seguradora Lider (Braz

  18. Slide 18: Our commitment to the Principles for Sustainable Insurance

    Our commitment to the Principles for Sustainable Insurance 1 Sustainable value creation is key to the success of our business models. In this sense, corporate responsibility has been and will always be an integral part of our Group strategy. We put quality before quantity, enabling us to achieve pro

  19. Slide 19: Framework to integrate ESG aspects

    Corporate Responsibility in Business @ Munich Re: Framework to integrate ESG aspects Corporate Responsibility Governance ESG – Sensitive Business Issues Initiatives across business fields Reinsurance Munich Health ERGO MEAG Focus on underwriting Focus on primary Focus on sustainable Adherence to PRI

  20. Slide 20: Our solutions for global challenges

    Corporate Responsibility in Business @ Munich Re: Our solutions for global challenges How ESG issues are factored into business and turned into business solutions Reinsurance / Primary insurance Asset management/ Munich Health Investment Climate change Life insurance SRI funds  Nathan Risk Suite 

  21. Slide 21: Contents

    Contents 1. Relevance of Corporate Responsibility 2. Corporate Responsibility @ Munich Re  Our strategic approach 3. Corporate Responsibility in Business  Principles for Sustainable Insurance (PSI)  Framework to integrate ESG aspects 4. Environmental Management 5. Corporate Citizenship Corporate

  22. Slide 22: 5 action fields in 1 group-wide Corporate Responsibility Programme

    5 action fields in 1 group-wide Corporate Responsibility Programme Enabling Enabling Core activities Framework Framework 1 2 3 4 5 Environmental Corporate Reporting & Strategy & CR in Management Citizenship Communi- Governance Business System (EMS) (CC) cation  CR strategy  Integration of CR  Glo

  23. Slide 23: Environmental policy specifies the Munich Re CR mission

    Environmental policy specifies the Munich Re (Group) CR mission At Munich Re (Group), corporate responsibility is a central aspect of Group strategy. We aim to minimise the impact we have on the environment. To achieve this aim, we pursue Group-wide environmental management1 and seek to make our bus

  24. Slide 24: Climate neutrality based on environmental management and CO2 reductions

    Climate neutrality based on environmental management and CO2 emission reductions Our steps to climate neutrality Thousand t 70 MR IO 60 50 MRM 40 30 20 10 0 2006 2008 2010 2012 Group environmental Energy efficiency in 100% energy from Purchasing CO2 management with 30% buildings and IT: renewables:

  25. Slide 25: Contents

    Contents 1. Relevance of Corporate Responsibility 2. Corporate Responsibility @ Munich Re  Our strategic approach 3. Corporate Responsibility in Business  Principles for Sustainable Insurance (PSI)  Framework to integrate ESG aspects 4. Environmental Management 5. Corporate Citizenship Corporate

  26. Slide 26: 5 action fields in 1 group-wide Corporate Responsibility Programme

    5 action fields in 1 group-wide Corporate Responsibility Programme Enabling Enabling Core activities Framework Framework 1 2 3 4 5 Environmental Corporate Reporting & Strategy & CR in Management Citizenship Communi- Governance Business System (EMS) (CC) cation  CR strategy  Integration of CR  Glo

  27. Slide 27: Corporate citizenship – Responsibility for the community

    Corporate citizenship – Responsibility for the community Focus: natural catastrophes, science & education, environment, demographic change, health, cultural and social community projects  A new concept designed to link our commitment more closely to the challenges facing society  Project-based app

  28. Slide 28: For more information visit our Corporate Responsibility Portal

    For more information visit our Corporate Responsibility Portal at … …http://www.munichre.com/corporate-responsibility Corporate Responsibility @ Munich Re 17.04.2013 28

  29. Slide 29: Thank you very much for your attention!

    © 2013 Münchener Rückversicherungs-Gesellschaft © 2013 Munich Reinsurance Company Thank you very much for your attention! Dr. Astrid Zwick Corporate Responsibility – Munich Re

Munich Re — ESG Presentation (April 2013) on 6ix