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Advocacy groups and memberships
Together with our stakeholders, we take part in numerous initiatives on sustainability issues. Contributing our specialist expertise, we get involved in the work of associations and societies, advocacy groups and organisations and we support the discourse about sustainability in society.
In the context of the "Climate Alliance Hannover 2020", a joint project of the state capital and Greater Hannover region, we have undertaken to emit 40% less harmful greenhouse gases by 2020 than in the base year of 1990. Our emissions have been regularly checked every two years since 2011 in the context of this project.
Under the "Climate Alliance Hannover 2020" we additionally participate in the Business Strategy Group of the "Master Plan 2050 for the City and Region of Hannover, 100% for Climate Protection".
Since 2007 we have also taken part in the "Ecological Project for Integrated Environmental Technology" (Ecoprofit) of the Greater Hannover region. The underlying idea of the project is the connection between economic gain and ecological benefit through preventive environmental protection. The participating companies are regularly involved in work on specific topics such as "Ecoprofit in the Urban Development Process" and "Current Changes in Energy Management". The energy-saving successes already achieved are publicised in the relevant project publications.
On the international level our Chief Executive Officer added his signature to the Geneva Association's "Climate Risk Statement" in 2009. In May 2014 our CEO – together with the Chief Executives of a further 65 of the world's leading insurance undertakings – reaffirmed his support for this declaration, which had originally been made in 2009. The guiding principles set out therein describe how the insurance industry will play its part in global efforts to tackle climate-related risks. These include activities in the areas of product innovation, climate research and investment. We are additionally represented on the "Extreme Events + Climate Risk Working Group" of the Geneva Association.
The design of our investment policy is guided primarily by the ten principles of the United Nations Global Compact. We work towards safeguarding decent working conditions in our supply chain. Our Code of Conduct for Suppliers requires respect for human rights and compliance with the core labour standards of the International Labour Organization (ILO).
International memberships
We are a member of numerous regional, national and global associations, interest groups and organisations. Our employees participate in working groups on various topics and contribute their specialist expertise to relevant discussions.
Among other things, we are a member of the Reinsurance Advisory Board (RAB), which has been registered since July 2015 in the EU Transparency Register. Our CEO took over again as chair of the RAB for a two-year term commencing in May 2017.
The following list shows a selection of the most significant bodies to which our company belongs:
- American Council of Life Insurers (www.acli.com)
- Chief Risk Officer Forum (www.thecroforum.org)
- Dublin International Insurance & Management Association (www.dima.ie)
- EIOPA WG-CATSTREAM (www.eiopa.europa.eu)
- German Insurance Association (www.gdv.de)
- Geneva Association (www.genevaassociation.org)
- Global Earthquake Model (www.globalquakemodel.org)
- Global Reinsurance Forum (www.grf.info)
- Insurance Association of China (www.iachina.cn)
- International Actuarial Association (www.actuaries.org)
- International Insurance Society (www.internationalinsurance.org)
- International Underwriting Association of London (www.iua.co.uk))
- OASIS (www.oasislmf.org)
- Reinsurance Advisory Board of the Insurance Europe federation (www.insuranceeurope.eu)
- South African Insurance Association (www.saia.co.za)