GDV issues ESG questionnaire for selecting asset managers

Written by Adam Cadle

14/07/2025

The German Insurance Association (GDV) has issued an ESG questionnaire for the first time, enabling insurers to assess the sustainability expertise of their asset managers.

With this tool, insurers can ensure that their investments are aligned even more consistently with ESG criteria.

Around 90% of German insurers have committed to achieving net-zero targets for their investments by 2050 – in line with the Paris Climate Agreement and EU goals

Regarding the questionnaire, Jörg Asmussen, CEO of GDV, said: "Aligning with ESG criteria is an important step toward reducing CO₂ emissions that are indirectly financed through investments. With €1.9trn in assets, the insurance industry is one of the largest institutional investors in Germany. The questionnaire further strengthens insurers' sustainability efforts and can support them in aligning their investments with climate goals."

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