Insurers make protecting the foundations of human life and our economy a priority

Two years after passing its first sustainability positioning, the GDV Presiding Board decided to make an update. Among others, biodiversity is to play a bigger role in the future.

European Sustainability Reporting Standards

The EU is working intensively on standards for uniform sustainability reporting by companies throughout Europe. The European Financial Reporting Advisory Group (EFRAG) has developed a draft for the first set of reporting requirements on behalf of the EU Commission. Now GDV has published its statement on this draft of the first set.  (more)

Adjusted sustainability positioning 2023

Two years after the sustainability positioning was adopted, it was adapted in important points.

German insurers start reporting carbon footprint of their investment portfolios

Insurance companies operating in Germany have been the first in Europe to publish the carbon footprint for part of the entire industry’s investments.

A five-point plan for an improved sustainability reporting

Transparent sustainability reporting that is available to all market participants needs clear standards. The insurance industry sees five points that should be considered in the current deliberations.

European and global sustainability reporting standards take shape

Standards for future sustainability reporting are being developed at the European and global level. The German Insurance Association (GDV) has submitted comments on the respective drafts.

Corporate Sustainability Due Diligence Directive (CSDD): due diligence obligations and liability risks should be proportionate

The European Commission's proposal for a directive provides for far-reaching corporate due diligence obligations in value chains to protect human rights and the environment. German insurers are committed to supporting a consistent and harmonised legal framework. However, to ensure its applicability and effectiveness, this framework must also...  (more)

Sustainability

On this page you will find news, dossiers and publications on the topic of sustainability.

More capital in the fight against climate change

At the GDV conference, politicians and regulators will debate new rules for insurers. Though the existing ones have proven their worth, they need to be adapted to new situations. This is especially true with regard to climate change.