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HVRRY Hannover Rueckversicherung SE (PK)

41.11
0.00 (0.00%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Hannover Rueckversicherung SE (PK) USOTC:HVRRY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 41.11 41.11 41.11 0.00 01:00:00

Hannover Re Sets Sustainability Targets for Operations, Investments

13/10/2021 7:49am

Dow Jones News


Hannover Rueckversicherung (PK) (USOTC:HVRRY)
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   By Cristina Roca 
 

Hannover Rueck SE said Wednesday that it is committing to reaching net zero emissions by 2030 in its business operations and by 2050 in its reinsurance portfolio and investments.

The targets are in line with the Paris Agreement aimed at limiting the extent of global warming, the company said.

The German reinsurer said it will actively participate in developing methods to measure the emissions of reinsured customer portfolios in its property and casualty business.

It will also aim to decarbonize its investments. Its first target in this respect is reducing the carbon intensity of the corporate bonds, covered bonds and equities it invests in by 2025, compared with 2019, Hannover said.

 

Write to Cristina Roca at cristina.roca@wsj.com

 

(END) Dow Jones Newswires

October 13, 2021 02:34 ET (06:34 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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1 Month Hannover Rueckversicherung (PK) Chart