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 lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Allianz, headquartered in Switzerland (CH), currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The company is identified as a merged entity, inheriting emissions data from Allianz Suisse Ruckversicherungs-Gesellschaft AG. However, no specific emissions numbers or reduction targets have been disclosed. Despite the lack of detailed emissions data, Allianz is committed to addressing climate change through various initiatives. The company has not specified any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges. This indicates a potential area for growth in their climate strategy, as many industry peers are increasingly setting ambitious targets to reduce their carbon footprint. As a part of the insurance and financial services sector, Allianz is positioned to play a significant role in promoting sustainability and reducing emissions across its operations and investments. The absence of specific data highlights the need for enhanced transparency and commitment to measurable climate action in line with global standards.
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 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.
