Purpose Story Talanx: Green business

Metrics on how companies contribute to climate change are now easy to establish. However, when it comes to the impacts of climate change on the business model of companies, there is a dearth of what can be measured. Until now. In part 7 of the series “Our Purpose”, we meet Raphaël Papin, who collaborated on developing a method which industrial customers of HDI can use to assess their susceptibility to the consequences of climate change.

Raphaël Papin is really passionate about maintaining our planet as an environment worth living in. “I have completely changed my way to eat and my way of getting around,” said the engineer for loss prevention at HDI Global SE in France. Working together with Carbone 4, one of the leading French consultancy firms in the field of climate change, he has developed an innovation: a model that allows industrial customers to calculate how climate risks – for example an increase in sea level – impact on their business model. After all, companies operating on the international stage, which are globally dependent on production lines and suppliers, are at considerable risk. The tool enabling them to assess climate consequences is now available to customers of HDI Global in France – utterly in keeping with our purpose “foster entrepreneurship”. “Helping to develop this method was one of the most meaningful things that I can do as an engineer to limit the future impact of climate change,” said Raphaël Papin.

Disclaimer

This news release contains forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s control, affect Talanx AG’s business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialise, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does Talanx AG accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.