- Increased frequency of extreme weather events.
- Shortage of skilled workers due to demographic trends.
ERGO Group AG
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, ERGO Group AG disclosed greenhouse gas emissions of 39.3K t CO²e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
39.3K t CO²e
2023
Renewable Energy
79.2%
of total energy
✅ Reported Environmental Achievements
- Reduced GHG emissions per employee by 24.5% compared to the previous year.
- Increased the proportion of electricity consumption from renewable sources to 79.2% (2022: 70.5%).
- Optimized homeowners’ insurance in Germany to offer higher and more comprehensive protection against weather disasters.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce greenhouse gas (GHG) emissions across the entire Munich Re Group by 12 per cent per employee compared to 2019 by 2025.
- Purchase 100% green electricity at locations that report environmental data by 2025.
📅 Medium-term
- Convert operating business processes to net-zero emissions across the Group by 2030.
🔭 Long-term
- Reduce the greenhouse gas (GHG) emissions associated with our insurance business to net-zero by 2050.
- Phase out existing insurances of thermal coal activities by 2040.
🌱 ESG Focus Areas
Responsible corporate governanceESG integrationComplianceHuman rightsResponsible digital transformation and cybersecurityCustomer focus and customer satisfactionServices and products relating to sustainabilityClimate changeNatural disastersEmployer attractivenessDiversity, equity and inclusionTraining and education