Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen

Lobbying Governance

AI Extracted Evidence Snippet Source

Our Public Affairs department is responsible for the Munich Re Group's lobbying of governments, national and supranational authorities, associations and other organisations. We are also active in industry organisations, including the German Insurance Association (GDV), the Geneva Association, the European Insurance Chief Financial Officers' (CFO) Forum, the Chief Risk Officers' (CRO) Forum, the Reinsurance Advisory Board (RAB) of Insurance Europe, as well as the Pan-European Insurance Forum (PEIF). [...] Munich Re attaches great importance to ensuring its lobbying activities are transparent. We therefore provide details to the Transparency Register of the European Parliament and the European Commission, the Lobby Register of the German Bundestag and the Bavarian Lobby Register on focal points, memberships and the effort and expense involved in our lobbying activities.

https://www.munichre.com/en/company/about-munich-re/lobbying.html

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Since both, the Sustainability and the Public Affairs team, are in the same division and report to the same person (Munich Re's Chief Economist and Head of Economics, Sustainability & Public Affairs), there is already an alignment from an organisational perspective. In addition, the respective issues are also discussed in the Group Lobbying Committee on a regular basis in order to make sure that our policies, including our climate change strategy, are distributed Group-wide.

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]No, and we do not plan to have one in the next two years

CDP Questionnaire Response 2023

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]Since both, the Sustainability and the Public Affairs team, are in the same division and report to the same person (Munich Re's Chief Economist and Head of Economics, Sustainability & Public Affairs), there is already an alignment from an organisational perspective. In addition, the respective issues are also discussed in the Group Lobbying Committee on a regular basis in order to make sure that our policies, including our climate change strategy, are distributed Group-wide.

CDP Questionnaire Response 2023