Munich Re Foundation – 2015 carbon footprint
Total CO2 emissions
Fig. 1: Munich Re Foundation's total CO2 emissions
The total CO2 emissions for 2015 were down by almost 400 t on those of the year before. The operation of the offices caused the same amount of emissions as in 2014, while the emissions in the areas of business trips and events dropped significantly by approximately 35 t CO2 and more than 360 t CO2 respectively. This was due in particular to the microinsurance conference in Morocco, as the delegates' flights were shorter on average than in the previous year (Mexico) and the number of delegates was also slightly lower.
The Foundation purchases emission certificates to offset the emissions caused by its events. The CO2 emissions from business trips made by Foundation staff and generated by its office activities are offset by Munich Re.*
Fig. 2: Comparison of total emissions in the 2006 – 2015 period
CO2 emissions from events
Only the journeys undertaken by delegates attending events were taken into account to calculate the emissions; the short-term occupancy of the rooms used for the events is negligible.
Emissions from the International Microinsurance Conference in Morocco, at approximately 850 t, accounted for the largest proportion (82%). This was due to the numerous flights undertaken by the over 350 participants. The Resilience Academy also generated substantial emissions (17 %), as young researchers came together in Bangladesh from all over the world (just under 180 t CO2).
In contrast, the Dialogue Forum events in Munich contributed only very slightly to this year's emissions. As expected, they came to almost 5 t (0.5%) and therefore accounted for just a small share of total emissions. The guests attending the forums normally come from the greater Munich area.
Fig. 3: CO2 emissions from events
CO2 emissions from business operations
The CO2 balance for business operations (office and trips) is just under 97 t: 39 t CO2 for the offices (electricity and heat)* and 60 t CO2 for business trips, chiefly flights**. The emissions from the business trips are therefore a good third down on last year.
Fig. 4: CO2 emissions 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 read in our 2010 Corporate Responsibility Report.
** An RFI (Radiative Forcing Index) factor of 2.7 is applied to air travel. A travelling distance of 100 km to and from airports is assumed for each plane journey.
CB, 19 January 2016