Environment
Hannover Re recognises that business flights undertaken by its employees cause CO2 pollution. As a compensatory measure we pay a carbon offset levy for each kilometre flown to atmosfair, an international organisation that puts the funds collected towards climate protection. atmosfair invests inter alia in solar, hydroelectric, biomass and energy-saving projects so as to reduce green-house gases to an extent comparable with the effect on the climate of the emissions produced by flying. Preferential support is given to projects in developing countries, although all projects must deliver a demonstrable contribution to climate protection.
In 2007 Hannover Re participated for the first time in the "Ecological Project for Integrated Environmental Technology" (Ecoprofit). In the year under review we continued to pursue the basic idea underlying this project – to combine economic profit with ecological benefit – through preventive environmental protection in order to bring about a further reduction in CO2 emissions.