Allianz Asset Management of America L.P., a prominent player in the financial services industry, is headquartered in the United States. Established as a key subsidiary of Allianz Group, the firm has carved out a significant presence in asset management, focusing on investment solutions across various sectors. Since its inception, Allianz Asset Management has achieved notable milestones, including the expansion of its operational regions throughout North America. The company offers a diverse range of core products and services, including fixed income, equity, and alternative investments, distinguished by a commitment to innovative strategies and risk management. With a strong market position, Allianz Asset Management is recognised for its robust investment performance and client-centric approach, making it a trusted partner for institutional and retail investors alike.
How does Allianz Asset Management of America L.P.'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 Financial Intermediation 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 Asset Management of America L.P.'s score of 77 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Allianz Asset Management of America L.P., headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. However, the organisation is part of a broader corporate family that includes Allianz SE, from which it inherits climate commitments and performance data. As a current subsidiary of Allianz SE, Allianz Asset Management of America L.P. aligns with the sustainability initiatives and targets set by its parent company. Allianz SE has established various climate-related initiatives, including commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP). These initiatives aim to reduce greenhouse gas emissions across all scopes, although specific reduction targets for Allianz Asset Management of America L.P. have not been detailed. The absence of direct emissions data highlights the importance of corporate responsibility in addressing climate change. Allianz Asset Management of America L.P. is expected to contribute to the overarching goals of its parent company, which include significant reductions in carbon emissions and a commitment to sustainable investment practices.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 51,838,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 167,888,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 159,719,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Allianz Asset Management of America L.P.'s Scope 3 emissions, which increased by 6% last year and decreased by approximately 36% since 2017, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 71% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 54% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Allianz Asset Management of America L.P. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.