Companies in the EU take more responsibility for human rights and the environment

Companies in the EU are to assume more responsibility for upholding human rights and protecting the environment. The due diligence obligations extend to the entire value chain.

Insurance industry as driver of green transformation

The green transformation of Europe is progressing ever more rapidly. Insurers are playing a key role in this. Currently, the implementation of the EU taxonomy, the ongoing Climate Resilience Dialogue (CRD) and the intensified public debate about the industry's contribution are posing new challenges for insurers and raising important questions.  (more)

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)

Additional comments renewed sustinable finance strategy

Position paper on ESMA guidelines for sustainable funds

The Association has issued a statement on ESMA's planned guidelines for the use of ESG or sustainability-related terms in fund names. We share the objective of preventing greenwashing and are in favour of first clarifying Art. 2 (17) SFDR with regard to "sustainable investments".  (more)

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.

Adjusted sustainability positioning 2023

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