Munich Re was one of a number of large investment groups who became original signatories for the United Nations Principles for Responsible Investment, launched recently by UN Secretary General Kofi Annan. Groups from 16 countries officially signed the Principles at a special launch event at the New York Stock Exchange. They represent a total aggregate value of assets of more than $2 trillion.

“These Principles grew out of the understanding that while finance fuels the global economy, investment decision-making does not sufficiently reflect environmental, social and corporate governance considerations – or put another way, the tenets of sustainable development,” Annan stated.