Muenchener Rueckversicherungs-Gesellschaft in Muenchen AG

Common Name
Munich Re
Country
Germany
Sector
Financial Services
Industry
Insurance - Reinsurance
Employees
43,615
Ticker
MUV2
Exchange
XETRA
Description
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München, widely known as Munich Re, is a leading global reinsurance company based in Munich, Germany. Its primary function is to provide ...

Munich Re Waste Data Preview

In 2023, Munich Re conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Munich Re's Waste Treatment Practices

In 2023, Munich Re generated a total of 4,971 metric tonnes of waste.

Of this amount, 54.36% of Munich Re's total waste generated was recovered through methods such as recycling, reuse, or composting, while 19.47% was disposed of through landfilling, incineration, or combustion. The remaining 26.18% was either treated using unspecified methods or not clearly categorized.

Munich Re's Waste Recovery Rate

54%

How much of Munich Re's waste is recycled or recovered?

In 2023, Munich Re reported a total waste generation of 4,971 metric tonnes, of which 54.36% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Munich Re is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Munich Re reduced its environmental waste footprint over time?

Since 2021, Munich Re's total waste generation decreased by 8.22%, including a further 5.13% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time.

Over the same period, Munich Re's waste recovery rate declined by 1.81%, with a further 1.79% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.

Overall, while Munich Re has successfully reduced its total waste generation, its waste recovery efforts have also declined. This pattern could suggest a shift in strategy away from circular treatment methods or a lag in recovery infrastructure development.

Munich Re’s Waste Recovery vs. Disposal Over Time

20212022202301.5 k3 k4.5 k6 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Munich Re’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Munich Re generated a total of 4,971 metric tonnes of waste.

Of this amount, 0.86% of Munich Re's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 88.72% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. The remaining 10.42% was either treated using unspecified methods or not clearly categorized.

Munich Re’s Hazardous vs Non-Hazardous Waste Over Time

20212022202301.5 k3 k4.5 k6 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Munich Re reduced the environmental impact of its waste?

Since 2021, Munich Re's total waste generation decreased by 8.22%, with an additional 5.13% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source.

Over the same period, Munich Re saw a long-term increase of 18.39% in hazardous waste share, but a 37.13% reduction in 2023, indicating a recent improvement that may reflect updated production inputs, enhanced treatment, or stricter controls.

Overall, while Munich Re is generating less waste and has made recent gains in reducing hazardousness, the long-term increase in harmful materials still casts doubt on the sustainability of its waste stream.

How does Munich Re treat its hazardous waste?

In 2023, Munich Re reported that 43 metric tonnes of its total waste output were classified as hazardous. This represents 0.86% of its overall waste generation.

The company treated this hazardous waste using a combination of methods. A majority (84.43%) was diverted from disposal through recovery-oriented treatments such as recycling or reuse. This suggests that Munich Re has established processes to reduce the environmental burden of its most harmful waste streams.

Breakdown of Munich Re's Hazardous and Non-Hazardous Waste by Treatment Method

Non-Hazardous WasteDisposed(26.2%)Non-Hazardous WasteRecovered(72.7%)
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