Allianz Direct Versicherungs-AG Sustainability Profile
Allianz Direct Versicherungs-AG, a prominent player in the insurance sector, is headquartered in Germany and operates extensively across Europe. Founded in 2018, the company has quickly established itself as a leader in digital insurance solutions, focusing primarily on car, home, and liability insurance. What sets Allianz Direct apart is its commitment to providing straightforward, user-friendly online services that cater to the evolving needs of modern consumers. With a strong emphasis on transparency and efficiency, the company has garnered a reputation for exceptional customer service and competitive pricing. As part of the Allianz Group, Allianz Direct benefits from a robust market position, leveraging the group's extensive resources and expertise to deliver innovative insurance products. This strategic advantage has enabled Allianz Direct to achieve significant milestones in a short period, solidifying its status as a trusted name in the insurance industry.
DitchCarbon Score
How does Allianz Direct Versicherungs-AG'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 Direct Versicherungs-AG's score of 54 is higher than 71% 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 Direct Versicherungs-AG currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, the company is part of a corporate family that includes Allianz SE, which has established significant climate commitments and reduction initiatives. As a current subsidiary of Allianz SE, Allianz Direct Versicherungs-AG inherits its climate strategies and targets. Allianz SE has set ambitious science-based targets (SBTi) aimed at reducing emissions across its operations. The initiatives include commitments to the CDP (Carbon Disclosure Project) and participation in the RE100 initiative, which focuses on sourcing 100% renewable energy. While specific emissions data for Allianz Direct Versicherungs-AG is not available, the overarching climate commitments from Allianz SE reflect a strong dedication to sustainability and reducing carbon footprints within the insurance sector. The absence of direct emissions data does not diminish the company's alignment with industry standards for climate action and accountability.
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| 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 |
How Carbon Intensive is Allianz Direct Versicherungs-AG's Industry?
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Allianz Direct Versicherungs-AG's Scope 3 Categories Breakdown
Allianz Direct Versicherungs-AG'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.
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Allianz Direct Versicherungs-AG's Climate Goals (2030 & 2050)
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 Direct Versicherungs-AG 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.
