Sustainability as a success factor in the insurance industry
6 October 2021
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
In this IIL reinsurance webinar, Dr Michael Menhart talks about the increasing expectations towards the insurance industry to play an essential role in combating climate change and supporting the realisation of the sustainable development goals.
Dr Menhart explains how Munich Re aims to create value for all its stakeholders and how a corporate responsibility strategy can systematically integrate this ambition across all insurance activities.
A corporate sustainability strategy must be comprehensive regarding business activities and stakeholder expectations. This includes the dimensions of:
Responsible corporate, which is only possible on the basis of impeccable ethical and legal conduct
A sustainable approach to core business activities, which proactively considers environmental, social and governance aspects along the entire value chain
An ambitious climate strategy across liabilities, assets, and own operations
The creation of attractive framework conditions to promote personal and professional development and promote diversity
Why and how stakeholder expectations regarding corporate responsibility in the insurance industry are increasing
What a comprehensive climate strategy must entail
That a corporate responsibility strategy must go beyond the climate focus