Environmental and climate protection in day-to-day business

In our day-to-day operations, our emissions arise primarily from energy consumption in our office buildings and from business travel. Although these emissions are lower than the impact of our investments and insurance products, we bear direct responsibility for them.

We plan to switch our electricity procurement so that 100% comes from renewable energy sources – either directly from the electricity supplier or by purchasing corresponding renewable energy attributes (EACs). This applies to the electricity consumption by fully consolidated companies with employees, and relevant buildings that are used both for internal purposes and by third parties, and partially vacant buildings are also considered.

At selected sites in the Baltic States, Germany, Poland and Spain, we have externally certified energy and/or environmental management systems, for example in accordance with ISO 14001 or ISO 50001 . The international standard ISO 14001 sets out requirements for an environmental management system that enables an organisation to improve its environmental performance, fulfil legal and other obligations, and achieve environmental objectives. In accordance with ISO 14001, selected ERGO sites in the Baltic States, Spain and Poland are certified. ERGO Group AG in Germany complies with the legally required ISO 50001 and thus operates a certified energy management system with which it systematically records, evaluates and manages its energy consumption in order to achieve continuous improvement.