Allianz
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Allianz's score of 26 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Allianz's reported carbon emissions
In 2021, Allianz reported a CO2 intensity of approximately 0.1904 kg CO2e per unit of revenue, reflecting its Scope 1 and 2 emissions. This figure indicates the company's commitment to monitoring its carbon footprint, although specific total emissions data for that year is not disclosed. In 2020, the CO2 intensity was about 0.2082 kg CO2e per unit of revenue, suggesting a slight improvement in emissions efficiency. Currently, Allianz has not set specific reduction targets or disclosed any significant climate pledges, which may limit its ability to demonstrate a robust commitment to reducing overall carbon emissions. The absence of detailed emissions data across all scopes (1, 2, and 3) highlights a potential area for improvement in transparency and accountability regarding its climate impact. As a leading global insurer headquartered in Switzerland (CH), Allianz is positioned to influence sustainable practices within the financial services industry. However, without concrete reduction initiatives or targets, the company may face challenges in aligning with industry standards for climate action.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in any of the initiatives that 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.
