Allianz Group, commonly referred to as Allianz, is a leading global insurance and financial services provider headquartered in Switzerland (CH). Established in 1890, Allianz has grown to become a prominent player in the insurance industry, with a strong presence across Europe, Asia, and the Americas. The company offers a diverse range of products and services, including life, health, property, and casualty insurance, as well as asset management solutions. Allianz is renowned for its customer-centric approach and innovative offerings, which set it apart in a competitive market. With a commitment to sustainability and digital transformation, Allianz has achieved significant milestones, solidifying its position as one of the world's largest insurers. The company’s dedication to excellence is reflected in its robust financial ratings and a reputation for reliability and trustworthiness 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 26 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Allianz reported a CO2 intensity of approximately 0.1904 kg CO2e per EUR of revenue, reflecting its Scope 1 and 2 emissions. This figure indicates a slight improvement from 2020, where the CO2 intensity was about 0.2082 kg CO2e per EUR of revenue. However, specific total emissions data for these years is not disclosed. Allianz has not publicly committed to specific reduction targets or initiatives, nor does it appear to have set Science-Based Targets Initiative (SBTi) reduction targets. The company is actively engaged in climate commitments, although detailed information on these initiatives is not provided. As a leading global insurer headquartered in Switzerland (CH), Allianz is positioned to influence climate action within the financial services sector, aligning with industry standards for sustainability and emissions reduction.
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.