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 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, Allianz has set ambitious climate commitments aimed at significantly reducing its carbon emissions. The company is targeting a reduction of 65% in emissions from its business operations (Scope 1 and Scope 2) by 2030, using 2019 as the baseline year. This commitment reflects Allianz's dedication to sustainability and its role as a global trade enabler. In the long term, Allianz aims to achieve net-zero emissions across all scopes by 2050. This comprehensive strategy underscores the company's commitment to supporting the transition to a low-carbon economy. While specific emissions data for recent years is not provided, previous reports indicate that Allianz has been actively monitoring its carbon footprint, with emissions per employee reported at approximately 1,300 kg CO2e in 2011 and 2012. The company continues to focus on enhancing its sustainability practices and reducing its overall environmental impact.
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 committed to any 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.