Memberships and initiatives

MEAG and Munich Re work unceasingly to promote compliance with the United Nations Principles for Responsible Investment (UN PRI), which Munich Re was one of the first German companies to sign in 2006, and which MEAG officially committed to in 2021. The six Principles were created by investors for investors, and they provide various measures for integrating ESG aspects into investment processes. The goal in implementing these Principles is to have the signatories jointly support the development of a more sustainable global financial system. The six Principles, as defined by the United Nations, state:

Integration of ESG aspects

We will incorporate ESG issues into investment analysis and decision-making processes.

Active owners

We will be active owners and incorporate ESG issues into our ownership policies and practices.

Disclosure

We will seek appropriate disclosure on ESG issues by the entities in which we invest.

Acceptance and implementation

We will promote acceptance and implementation of the Principles within the investment industry.

Cooperation

We will work together to enhance our effectiveness in implementing the Principles

Reporting

We will each report on our activities and progress towards implementing the Principles.

By implementing the Principles, MEAG helps develop a more sustainable global financial system, and align the investors with the general goals of society.

For further information, click here.

Advance is a collaborative initiative guided by the PRI, in which institutional investors endeavour to promote human rights and positive developments for people through investor stewardship. Safeguarding human rights is also a key issue for MEAG, so we support the PRI Advance Stewardship Initiative and the PRI Advance Investor Declaration as an "Endorser". Find out more here.

In addition to the engagements that we initiate and run ourselves, we also enter into dialogues with companies together with other investors through the Climate Action 100+ (CA100+) initiative. CA100+ is the largest global, investor-led engagement initiative with the aim of encouraging the world's largest greenhouse gas (GHG) emitters to take necessary action against climate change. One advantage of collaborative engagement is the diversity of the people involved, as they enrich the dialogue with the portfolio companies through their various different fields of expertise and perspectives.

As a member of the IIGCC (Institutional Investors Group on Climate Change), MEAG has been part of a network of institutional investors dealing with the long-term risks and opportunities of climate change since the beginning of 2024. In order to enable the effective consideration of climate change risks and opportunities in investment processes, this initiative provides approaches, resources and forums for discussing with interested members and experts. We can draw on decarbonisation information and research from the IIGCC especially when it comes to stewardship activities on climate-related topics. The IIGCC also coordinates the work of CA100+ in Europe.