We are a member of numerous regional, national and global initiatives, associations, advocacy groups and organisations. Our employees participate in working groups on various topics and contribute their specialist expertise to relevant discussions on a range of subjects, including sustainability issues. For further information on our lobbying activities, please see our statement on Transparent lobbying.

Furthermore, we fulfil various standards in sustainability reporting.

Charta der Vielfalt (Charter of Diversity)

Since 2021, Hannover Re has been a signatory to the initiative “Charta der Vielfalt” that aims to promote the recognition, appreciation and integration of diversity into Germany’s business culture. The initiative became a non-profit association in 2010. As part of the initiative, the association provides information about diversity management as a tool for developing an appreciative and open-minded organisational culture.

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Since 2011, we are publishing annual information on social, environmental and governance topics within the Group in accordance with the standards of the Global Reporting Initiative.

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Since May 2020, Hannover Re has recognised for all employees worldwide the core labour standards of the International Labour Organization (ILO), which elaborate the four basic principles of the ILO in the form of eight fundamental Conventions.

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Hannover Re joined the Principles for Responsible Investment (PRI) initiative in 2020, which aims to promote sustainable investment practice. By doing so, the Company has committed itself to expanding its sustainable investments and to the six Principles for Responsible Investment

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Since April 2021 Hannover Re has been a signatory to the Principles for Sustainable Insurance (UNEP FI PSI). The PSI aim to sustainably transform underwriting using four principles.

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With this index we are disclosing for the first time financially material sustainability information in the context of the Insurance Sustainability Accounting Standard. This is one of 77 industry-specific standards drawn up by the US Sustainability Accounting Standards Board (SASB).

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Since 2021, we have been committed to the Sustainable Development Goals of the United Nations and report measures that support these development goals in our sustainability report. The United Nations thus formulate concrete goals and measures for a more sustainable future.

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Since 2021, we are documenting the status of our activities in relation to opportunities and risks connected with climate change, aligned with the recommendations of the Task Force on Climate-Related Financial Disclosures(TCFD). The TCFD recommendations offer a framework for future financial reporting with an additional focus on changes and risks due to climate change.

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Hannover Re became member of the United Nations Environment Programme Finance Initiative (UNEP FI) in April 2021. The United Nations Environment Programme Financial Initiative is a global partnership between UNEP and the private financial sector. The goal is to integrate environmental aspects with financial market practice

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Since May 2020, Hannover Re has been a signatory to the UN Global Compact. This is a voluntary international initiative between the business world and the United Nations for responsible corporate governance.

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Market initiatives:

  • Chief Risk Officer Forum
  • Geneva Association
  • Insurance Development Forum
  • MCII Munich Climate Insurance Initiative

For further information, we would refer to our Sustainability Report.

Environmental initiatives:

  • BUND Diepholzer Moorniederung
  • Klima-Allianz Hannover
  • Ökoprofit

For further information, we would refer to our Sustainability Report.