Environmental Performance

Munich Re Foundation - CO2 balance sheet 2009

Total CO2 emissions

The total CO2 emissions of the Munich Re Foundation amounted to 1,425 t, mostly related to events, i.e. 1,354.9 t CO2 (95%). Emissions from office activities (electricity, heating) and business travel were relatively low, amounting to 19.3 t (1.4%) and 50.6 t (3.6%) respectively.
 

Fig. 1: Total CO2 emissions (t) attributable to the Munich Re Foundation

 
As our benefactor Munich Re also works on a climate-neutral basis, CO2 emissions through business operations of the foundation are offset via Munich Re. The emissions through events are offset against our own projects.
    
In comparison with the previous year, emissions in 2009 rose by 193 t or nearly 16%. This is due to the larger distances that participants had to travel to get to the 5th International Microinsurance Conference in Dakar and a further workshop on “Climate change and migration” attracting an international public. Emissions from business travel and those for our office activities remained more or less constant compared with the previous year.
 

Fig. 2: Comparison of total CO2 emissions (t) from 2006 to 2009
 

CO2 emissions generated by events

Travel by participants was used to determine events-related emissions, whereas short-term operation of event rooms was excluded.The Microinsurance Conference in Dakar was the main source of emissions, at 1,160.9 t CO2 (85.7%). The increase in emissions by 8% was mainly due to the fact that participants had to travel longer distances on average and thus their CO2 emissions were higher than in 2008.
The UNU Summer Academy – at 122 t CO2 (9%) – attracted young scientists from far-flung countries such as Indonesia, China and India. Again this distance involved in travelling accounted for the increase in emissions.
The workshop on “Climate change and migration” in July 2009 was responsible for 69.9 t (5.1%) CO2, also due to the internationality of the participants. The dialogue forums, where emissions amounted to only 2 t CO2 (0.14%), accounted for a very small part. The audience generally comes from the region.
Altogether, CO2 emissions arising out of events rose from 1,162.4 t in 2008 to 1,354.9 t in 2009.
  

Fig 3: CO2 (t) emissions produced by events
 

CO2 emissions generated by business operations

Emissions caused by business operations (office, travel) totalling 69.9 t CO2, are broken down into 19.3 t CO2 (28%) from office activities (electricity, heating)* and 50.6 t CO2 (72%) from business trips, most of which is air travel**.
  

Fig 4: CO2 emissions (t) generated by business operations
 

* Since the data for 2009 are not yet available, the data for 2007 were used to estimate emissions caused by office operations.

** An RFI (radiative forcing index) factor of 2.7 is applied to air travel.  It is assumed that each flight involves 100 km of travel to and from the airport.

18 February 2010

 

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