R+V Releases First Sustainability Report
Insurance company R+V Versicherung has released its inaugural sustainability report. The report details the company's initiatives in investment, employment, and environmental protection.
R+V Versicherung, an insurance provider, has published its first comprehensive sustainability report in September 2014. The 64-page document outlines the company's approach to responsible corporate practices, focusing on its role as an investor and employer, environmental and climate protection measures, and employee social engagement.
The report adheres to the Global Reporting Initiative (GRI) guidelines. A key environmental metric highlighted is the company's CO2 footprint, which was nearly halved in the preceding year due to a switch to green electricity, reducing emissions to 15,400 tons. Furthermore, R+V has exclusively used recycled paper in its internal operations since mid-2013, saving approximately 450 tons of wood annually.
A significant focus area within the report addresses R+V's ethical guidelines for capital investment, managing over 70 billion euros. The company explicitly states it does not invest in agricultural commodities (addressing "food speculation") or in manufacturers of landmines, cluster munitions, or nuclear, biological, and chemical weapons.
Additional aspects covered include R+V's commitment to work-life balance and its responsibilities as an employer. This includes a nationwide network offering childcare support for short-term needs, health-related lectures and seminars, and confidential psychological assistance through an anonymous "life situations hotline." Special seminars are also available for employees caring for family members.