Munich Re Foundation
The Munich Re Foundation, a prominent entity within the reinsurance and risk management sector, is headquartered in Munich, Germany. Established in 2005, the foundation focuses on enhancing global resilience to natural disasters and climate change through innovative risk solutions and research initiatives. With a commitment to social responsibility, the Munich Re Foundation collaborates with various stakeholders to develop sustainable insurance models and promote disaster risk reduction. Its core services include risk assessment, capacity building, and funding for community-based projects, setting it apart in the industry. Recognised for its impactful contributions, the foundation plays a vital role in advancing knowledge and practices that mitigate risks, positioning itself as a leader in the field of disaster risk management and resilience building.
DitchCarbon Score
How does Munich Re Foundation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Other Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Munich Re Foundation's score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Munich Re Foundation's reported carbon emissions
In 2023, Munich Re Foundation reported total carbon emissions of approximately 982,000 kg CO2e. This marks a reduction from 2022, when emissions were about 1,028,000 kg CO2e. Over the years, the foundation has demonstrated a significant downward trend in emissions, with figures dropping from about 1,707,000 kg CO2e in 2010 to the latest reported figure. The foundation has not disclosed specific data regarding Scope 1, 2, or 3 emissions, nor has it set formal reduction targets through initiatives such as the Science Based Targets initiative (SBTi). Additionally, there are no documented climate pledges or specific reduction initiatives outlined in their reports. Despite the absence of formal commitments, the foundation's emissions data reflects a commitment to reducing its carbon footprint over time. The emissions data is not cascaded from any parent organization, indicating that the figures are independently reported by Munich Re Foundation.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Munich Re Foundation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
