Allianz
Allianz SE, commonly known as Allianz, is a leading global insurance and financial services provider headquartered in Munich, Germany. Founded in 1890, Allianz has established a strong presence in major operational regions, including Europe, North America, and Asia-Pacific. The company operates primarily in the insurance and asset management sectors, offering a diverse range of products such as life, health, property, and casualty insurance. Allianz is renowned for its innovative solutions and customer-centric approach, which set it apart in a competitive market. With a commitment to sustainability and digital transformation, Allianz has achieved significant milestones, including being one of the largest insurers worldwide. Its strong market position is underscored by numerous accolades, reflecting its dedication to excellence and reliability in the financial services industry.
DitchCarbon Score
How does Allianz's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Allianz's score of 52 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Allianz's reported carbon emissions
In 2023, Allianz reported total carbon emissions of approximately 136,448,000 kg CO2e, comprising 31,774,000 kg CO2e from Scope 1, 7,929,000 kg CO2e from Scope 2, and 96,745,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing emissions significantly, with a target to cut Scope 1 and Scope 2 emissions by 65% from a 2019 baseline by 2030. Additionally, Allianz aims for net-zero emissions across all scopes by 2050, reinforcing its long-term sustainability strategy. In previous years, Allianz's emissions were recorded at 153,910,000 kg CO2e in 2022 and 193,000,000 kg CO2e in 2021, indicating a focus on reducing its carbon footprint. The company has also set interim targets to support the global transition to net-zero, aligning with broader industry efforts to combat climate change. Through these initiatives, Allianz demonstrates its commitment to sustainability and responsible business practices in the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 42,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 143,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 149,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Allianz is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
