Munich Re

ERGO Group
Germany
Insurance

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Munich Re, which is an insurance company, is actively disentangling from investments and clients involved in traditional energy production methods, including a company ban on new oil and gas projects. Munich Re has joined and maintained various climate alliances, such as the Net-Zero Assets Owners Alliance (NZAOA) and discriminates against religious organizations in its charitable giving. The company partners with Out & Equal to advance LGBTQ causes and its CEO signed the CEO Action for Diversity and Inclusion pledge. For these reasons, Munich Re receives a High Risk rating.

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