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 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 (market-based), and 96,745,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing emissions across all scopes, with a significant target of achieving a 65% reduction in Scope 1 and Scope 2 emissions by 2030, using 2019 as the baseline year. Allianz has set ambitious long-term climate commitments, aiming for net-zero emissions across its insurance business and proprietary asset investments by 2050. This commitment aligns with their broader strategy to support the transition to a net-zero economy. The company has also established a near-term target to reduce overall greenhouse gas emissions by 65% by 2030, further demonstrating its dedication to sustainability and climate action. Overall, Allianz's proactive approach to managing carbon emissions and its clear reduction targets position it as a leader in the insurance industry’s response to climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 46,734,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 159,181,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | 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.
