Allianz Bank Financial Advisors S.p.A., commonly referred to as Allianz Bank, is a prominent financial institution headquartered in Italy. Established in 2007, the bank has rapidly expanded its operations across major regions in Italy, providing a comprehensive range of financial services. Specialising in wealth management, investment advisory, and insurance solutions, Allianz Bank distinguishes itself through its client-centric approach and innovative financial products. With a strong market position, Allianz Bank has achieved notable milestones, including recognition for its commitment to sustainable finance and customer satisfaction. The bank's core offerings, which include tailored investment strategies and personalised financial planning, are designed to meet the diverse needs of its clientele. As a trusted partner in financial growth, Allianz Bank continues to enhance its reputation within the competitive landscape of the financial services industry.
How does Allianz Bank Financial Advisors S.p.A.'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 Bank Financial Advisors S.p.A.'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 Bank Financial Advisors S.p.A., headquartered in Italy, currently does not report specific carbon emissions data for the most recent year. The absence of emissions figures indicates a lack of publicly available information regarding their Scope 1, 2, and 3 emissions. However, as a current subsidiary of Allianz SE, Allianz Bank Financial Advisors S.p.A. benefits from the climate commitments and initiatives of its parent company. Allianz SE has established various reduction targets and initiatives, which are cascaded down to its subsidiaries. These include participation in the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all at a cascade level of 3. While specific reduction targets for Allianz Bank Financial Advisors S.p.A. are not detailed, the overarching commitments from Allianz SE reflect a strong dedication to addressing climate change and reducing carbon emissions across its corporate family. This includes a focus on sustainable practices and transparency in emissions reporting, aligning with industry standards for climate action. In summary, while direct emissions data for Allianz Bank Financial Advisors S.p.A. is not available, the organisation is integrated into a broader framework of climate commitments through its parent company, Allianz SE, which actively pursues significant sustainability initiatives.
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 Bank Financial Advisors S.p.A.'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 Bank Financial Advisors S.p.A. 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.