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 lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Allianz's reported carbon emissions
In 2021, Allianz reported a carbon intensity of approximately 0.1904 kg CO2e per unit of revenue (EUR) for its Scope 1 and 2 emissions. This figure reflects the company's commitment to reducing its carbon footprint, although specific absolute emissions data for that year is not disclosed. In 2020, the carbon intensity was slightly higher at about 0.2082 kg CO2e per unit of revenue (EUR), indicating a minor improvement in emissions efficiency. Allianz's emissions data is cascaded from its parent company, Allianz Suisse Ruckversicherungs-Gesellschaft AG, as part of a merged entity structure. However, there are currently no specific reduction targets or climate pledges documented, which suggests that while the company is aware of its emissions, it may not have formalised commitments to reduce them through initiatives such as Science-Based Targets (SBTi). Overall, Allianz's climate commitments appear to be in the early stages, with a focus on monitoring and improving carbon intensity rather than setting explicit reduction targets.
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.
