Environmental Performance

Munich Re Foundation – 2012 carbon footprint

Total CO2 emissions

In 2012, the Munich Re Foundation's total emissions amounted to 1,570 t of CO2. The majority (1,470 t or 93,8%) were due to events organised by the foundation. Emissions from office activities (electricity, heating) and business trips were comparatively low, amounting to 36 t (2.3%) and 62 t (4%) respectively. 

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


The foundation's total 2012 emissions were a good 130 t CO2 down on those of the previous year. Whilst business travel emissions decreased a bit, emissions caused by office activities remained constant. Emissions from events decreased by 120 t CO2.      
 
The foundation will purchase emission allowances to offset the emissions caused by its events, e.g. visitors, delegates. Emissions from business trips made by foundation staff and those produced by its office activities will be offset by Munich Re.*

Fig. 2: Comparison of total CO2 emissions (t) from 2006 to 2012
 

CO2 emissions from events

Only the journeys undertaken by those attending the events were taken into account in calculating emissions from events, and the figures did not include short-term occupancy of the rooms used for the events. Overall CO2 emissions from events fell from 1597 t in 2011 to 1472 t in 2012. Emissions from the International Microinsurance Conference in Dar es Salaam, Tanzania, made up 88% of this amount (1290 t CO2). This is lower than the figure for last year's conference in Rio de Janeiro, primarily because the travelling distances involved were shorter.
 
Although the 2012 Summer Academy also attracted young scientists from far afield, for example Australia, Malawi and the Philippines, the emissions fell a good 8 t to 76 t CO2 in 2012, helped by the fact that many European participants now travel by train. Once again, the dialogue forums accounted for a very small share overall, namely 3.5 t or 0.2%. Since most of the audience comes from Munich and the surrounding area, the distances to be offset are short.   

Fig 3: CO2 emissions from events
 

CO2 emissions from business operations

Emissions from business operations (office, travel) came to a total of 98 t CO2, which can be broken down as follows: 36 t CO2 for office activities (electricity, heating)* and 62 t CO2 for business trips, primarily air travels.**

Fig 4: CO2 emissions (t) from business operations
 

* Emissions produced by the foundation's office were based on a figure of 6 t CO2 per employee. This was established in a study undertaken by Munich Re in 2010, details of which can be seen in the 2010 corporate responsibility report.

** An RFI (Radiative Forcing Index) factor of 2.7 is applied to air travel. It is assumed that each journey by plane involves travelling a distance of 100 km to and from airports.

15 January 2013

 

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