Talanx further expands sustainability agenda

“Our commitment to sustainability is a marathon race with which we are adjusting to the changing world. By expanding our CSR activities, we are contributing to minimising corporate and social risks, and enhancing the success of the Group for investors, customers and employees,” declared Torsten Leue, Chairman of the Board of Management of Talanx AG.

The introduction of ESG Screening for Talanx investments provided a milestone in 2017. This enabled nearly 90 percent of the assets under own management to be analysed for non-sustainable investments. “This was an important step relating to future-proof sustainability,” added Torsten Leue.

The ongoing development of the strategy is a key element of the Talanx sustainability programme. The third Sustainability Report just published by the Group is already based on the GRI Standards that are mandatory for application by reporters from 1 July 2018 and that replace the previous G4 version. The GRI Standards are intended to further enhance factors like the comparability of sustainability reports across the world.

In regional terms, Talanx Service AG is participating in the environmental consulting programme “ÖKOPROFIT Hannover” for the first time in 2018. The project is sponsored by the city and region of Hannover and it involves systematic analysis of business systems. The aim is to jointly develop practical savings measures by spring of 2019 which will benefit the environment and cut down operating costs at the same time.