Environmental Performance

Munich Re Foundation – 2016 carbon footprint

Total CO2 emissions
In 2016, the Munich Re Foundation's total CO2 emissions amounted to approximately 1,110 metric tons. Most of them (almost 1,030 t or 93%) were caused by foundation events, as we offset the emissions from trips made by participants travelling to and from our events. Emissions from office activities (electricity, heating) and business trips, at 39 t (3%) and 41 t (4%) respectively, were low by comparison.


Fig. 1: Munich Re Foundation's total CO2 emissions

The total CO2 emissions for 2016 dropped slightly by 20 t compared to those of the year before. This is solely due to the reduction in emissions from foundation business trips. Emissions from office activities and events remained the same. The 2016 International Microinsurance Conference in Sri Lanka, with more than 400 participants, caused more emissions than the conference last year in Morocco. These additional emissions were compensated by lower emissions from the Resilience Academy, which was held in Germany (instead of Bangladesh as in the previous year).

The foundation purchases emission certificates to offset the emissions caused by its events. The CO2 emissions from business trips made by foundation staff and those generated by its office activities are offset by Munich Re*.


Fig. 2: Comparison of total emissions in the 2006 – 2016 period in t CO2

CO2 emissions from events
The journeys to and from foundation events undertaken by all participants and speakers were taken into account to calculate the emissions for foundation events; the short-term occupancy of the rooms used is negligible.

Emissions from the International Microinsurance Conference in Sri Lanka, at approximately 950 t, accounted for the largest proportion (92%). This was due to the numerous flights** undertaken by the over 400 participants. The Resilience Academy caused less emissions (around 75 t or 8%), as young researchers came together in Munich from all over the world. The Dialogue Forum events in Munich accounted for only a small share of this year's emissions, with just over 5 t (0.5%). 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 activities and business trips) is just 80 t: 39 t CO2 for the offices (electricity and heat)* and 41 t CO2 for business trips, chiefly flights**. The emissions from the business trips are a good third down on last year.


Fig. 4: CO2 emissions from business operations

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* 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 their 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.

CT, 4 January 2017

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