Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen
- Paris Agreement alignment
- Direct lobbying governance
- Regular monitoring cycle
Munich Re has established organizational and oversight structures to align its lobbying with its climate change strategy, though it stops short of a dedicated climate lobbying governance framework. The company explains that "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)," which it says provides "alignment from an organisational perspective," and notes that issues are "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." This indicates a formal process and a named oversight body, but Munich Re "has no public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement" and "do not plan to have one in the next two years," reflecting an absence of explicit climate-focused lobbying commitments. While the Public Affairs department "is responsible for the Munich Re Group's lobbying" and discloses its activities in various transparency registers, the company does not disclose specific procedures for aligning its direct advocacy or trade association memberships with its climate commitments or any criteria for assessing conflicting positions, suggesting that its oversight remains broad rather than climate-specific in its governance of lobbying efforts.
This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in International or all companies in International.