Munich Re: From the Climate Leader to the Zaudererer

Sueddeutsche Zeitung

Lean Left

Factuality

Ownership

Munich Re was once celebrated as a flagship company in the fight against the climate crisis. Now it is leaving several international climate initiatives. What is behind it?

Herbert Frommes Versicherungsmonitor

Factuality

Ownership

Exclusively Munich Re, once celebrated as a flagship company in the fight against the climate crisis, is leaving several international climate initiatives. The company stresses that it adheres to its climate targets. Allianz declares that it remains a member of the Net Zero Asset Owner Alliance. Expert Carsten Zielke believes that the reinsurer could still regret his decision. Munich Re [...]