Allianz SE, commonly referred to 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 over 70 countries, with significant operations across Europe, North America, and Asia. The company is renowned for its comprehensive range of products, including life and health insurance, property and casualty insurance, and asset management services. Allianz stands out in the industry for its commitment to innovation and customer-centric solutions, making it a trusted partner for millions worldwide. With a robust market position, Allianz has consistently been recognised for its financial strength and stability, earning accolades such as being one of the top insurers globally. The company’s dedication to sustainability and digital transformation further enhances its reputation as a forward-thinking leader in the insurance sector.
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.
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.
Allianz's score of 33 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Allianz has set ambitious climate commitments aimed at achieving net-zero emissions across its insurance business and proprietary asset investments by 2050. As part of its near-term strategy, Allianz aims to reduce its Scope 1 and Scope 2 emissions by 65% from a 2019 baseline by the year 2030. This significant reduction target reflects Allianz's commitment to sustainability and its role in supporting the global transition to a net-zero economy. In terms of emissions data, Allianz reported CO2 emissions per employee of approximately 1,000 kg CO2e in 2010 and 1,300 kg CO2e in both 2011 and 2012. While specific total emissions figures for recent years are not provided, the company is actively working towards reducing its carbon footprint through these outlined initiatives. Allianz's long-term vision includes a comprehensive approach to climate change, aligning with industry standards and best practices to mitigate environmental impact. The company's commitment to reducing greenhouse gas emissions underscores its dedication to sustainability and responsible business practices.
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 not participating in any of the initiatives that 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.