Our ESG mission and initiatives focus on improving society and helping to manage climate risks in a continually evolving landscape.
PartnerRe is committed to fulfilling our ambition of being a responsible corporate citizen while balancing profitability with effective risk management and a prudent investment policy, which ultimately benefits all of our stakeholders, including our shareholders, clients, capital providers, employees and our local communities.
ESG is a journey, and PartnerRe is committed to continuous improvement and revisiting our policy and reporting annually to ensure we are well positioned to measure, monitor, manage and report on ESG considerations embedded in our business. We are proud to share the progress that we have made as a company through our actions relative to our ESG goals in our 2022 ESG Report.
Click here to see the 2021 ESG Report and Appendix.
PartnerRe provides this index to direct readers to the most relevant information relative to recommended TCFD/SASB disclosure that is currently publicly available.
PartnerRe, through our parent company, Covéa Coopérations S.A.’s signatory status, is a signatory of the UN Principles for Responsible Investment (PRI) in partnership with the UNEP Finance Initiative and the UN Global Compact. Signatory category: Asset Owner
PartnerRe is a long-term investor and believes the stewardship of our capital requires the consideration of ESG factors along with other risk and return analyses. Such scrutiny fosters stability for our balance sheet, benefiting all our stakeholders, and supports our goal of managing the impacts of climate change across our assets to build global resilience.
PartnerRe has donated $30,000 to Médecins Sans Frontières (MSF) to provide social and disaster relief following the powerful earthquakes in South Turkey and northwest Syria. We take our responsibility to give back to our local communities seriously and align our corporate giving with employee participation, as well as providing dollar matching for employees’ own charitable giving.
PartnerRe’s ESG partners help us in our efforts to reduce our carbon footprint. Native Energy to offset carbon emissions related to our business operations, while the Swiss Climate Foundation helps us to support small and medium enterprises on the forefront of energy efficiency and climate protection. We have also partnered with the Climate Neutral Group to offset business travel.
Companies with an inclusive culture and a higher degree of diversity across all levels are better at making business decisions. Such an environment also makes for better employees because it creates a workplace for everyone to succeed, learn and grow.
For PartnerRe, that means consciously hiring and advancing people from all kinds of backgrounds, with a diverse range of identities, at every level of the organization. We have the systems in place and a culture of inclusion where every employee feels welcomed and respected to perform at their best.
Over the next few years, we are determined to build on our momentum in increasing diversity and inclusion at PartnerRe through the following commitment:
The Statement documents PartnerRe’s commitment to the highest level of ethical conduct in all its business activities and confirms that the Board and Management of PRESE and PRIIdac do not knowingly support or do business with any suppliers who are involved in Modern Slavery or Human Trafficking.
In France, PartnerRe annually calculates its score on the Gender Equality Index which has been implemented by the French government to reduce the pay gap between men and women. This index score is based on the following indicators:
For 2022, the score of PartnerRe’s French branch is 84/100.