The MEAG ESG strategy

MEAG is the global asset manager of Munich Re Group. Our focus is on achieving lasting sustainable growth with the investments of our clients, which include Munich Re, ERGO and other non-Group institutional and private clients. Our core competency lies in liquid assets and increasingly in alternative investments such as real estate, infrastructure, renewable energies and agriculture and forestry. Among our particular strengths are our many years of expertise in the field of risk management and our in-depth understanding of the needs of investors that want to cover their payment obligations with the cash flows from their assets.

We strive to exceed our clients' demanding goals while at the same time making a significant contribution to a sustainable world by systematically considering the sustainability aspects of investments in all relevant asset classes. To this end, we adhere to, among other things, the United Nations Principles for Responsible Investment (UN PRI), which Munich Re was one of the first companies in Germany to sign in 2006. To further strengthen the Group's commitment, MEAG has also signed the UN PRI in 2021.

MEAG's Management Board is responsible for the sustainability strategy, with the support of the company's ESG department, which advises MEAG's business units on sustainability issues and helps them implement the strategy.

 

We integrate sustainability criteria into our investment decisions

We exert influence within the scope of our investment stewardship

We help our clients with sustainable investment solutions

We place a special focus on climate change

We practice sustainability at our locations worldwide

Strategies for including sustainability risks in the investment-decision process (Article 3 SFDR)

Statement on due diligence policies with respect to the principle adverse impacts of investment decisions on sustainability factors (declaration as provided for by Art. 4 para. 1 of Regulation (EU) 2019/2088)

Procurement principles

 

By establishing its Procurement Principles, Munich Re (Group) has integrated the principles of the United Nations laid down in the Global Compact, and committed to upholding them. The business activities and strategies of the Group companies are based around ten universally recognised principles from the fields of human rights, labour standards, environmental protection and the fighting of corruption. All suppliers and service providers that the Group units work with are requested to observe these principles when making bids and concluding contracts. The Munich Re Procurement Principles also apply at MEAG.