Munchener Ruck

Munchener Ruck, a company operating in insurance and pension funding services in Germany, reported a total of approximately 13.3 billion kg CO2e in 2024. This figure encompasses Scope 1, 2, and 3 emissions, with Scope 3 emissions accounting for the largest portion at approximately 7.31 billion kg CO2e, primarily driven by investments. In the same year, Scope 1 emissions were around 64.4 million kg CO2e, and Scope 2 emissions (market-based) amounted to approximately 112.7 million kg CO2e.

For 2025, Munchener Ruck's total reported emissions were approximately 5.97 billion kg CO2e. Scope 1 emissions were approximately 59.6 million kg CO2e, Scope 2 (market-based) were around 87.7 million kg CO2e, and Scope 3 emissions were approximately 5.82 billion kg CO2e, with investments being the main contributor.

Munchener Ruck has set ambitious climate commitments. The company aims to achieve net-zero GHG emissions across its own operations by 2030, covering Scope 1 and Scope 2 emissions. Furthermore, Munchener Ruck's long-term ambition is to reach net-zero emissions across all scopes by 2050, including its insurance business and investment portfolio. They also have a near-term target to reduce emissions by 12% per employee by 2025, compared to a 2019 baseline. An additional target aims for a 35% reduction in CO2 footprint within their insurance operations by 2025, relative to 2019 figures.