Allianz Global Corporate & Specialty SE Sustainability Profile
Allianz Global Corporate & Specialty SE (AGCS), a leading provider of corporate insurance solutions, is headquartered in Munich, Germany. Established in 2006, AGCS has rapidly expanded its operations across major regions, including Europe, North America, and Asia-Pacific, positioning itself as a key player in the global insurance market. Specialising in risk management and insurance for large corporations, AGCS offers a diverse range of products, including property, casualty, and specialty insurance. Its unique approach combines deep industry expertise with innovative solutions tailored to meet the complex needs of businesses. Recognised for its strong market position, AGCS has achieved notable milestones, including significant growth in premium income and a robust reputation for customer service excellence.
DitchCarbon Score
How does Allianz Global Corporate & Specialty SE'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 Global Corporate & Specialty SE's score of 74 is higher than 85% 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 Global Corporate & Specialty SE, headquartered in Germany (DE), currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Allianz SE, which influences its climate commitments and emissions reporting. As part of its climate strategy, Allianz Global Corporate & Specialty SE inherits various sustainability initiatives from its parent company, Allianz SE. This includes participation in the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all of which are cascaded from Allianz SE. However, specific reduction targets or achievements for Allianz Global Corporate & Specialty SE have not been disclosed. The absence of detailed emissions data and specific reduction targets highlights the need for ongoing transparency and commitment to climate action within the corporate structure. As the company continues to align with its parent organisation's sustainability goals, it remains focused on addressing climate change and reducing its carbon footprint in the insurance and corporate specialty sectors.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 Global Corporate & Specialty SE's Industry?
How Carbon Intensive is Allianz Global Corporate & Specialty SE's Location?
Allianz Global Corporate & Specialty SE's Scope 3 Categories Breakdown
Allianz Global Corporate & Specialty SE'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.
Top Scope 3 Categories
Allianz Global Corporate & Specialty SE'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 Global Corporate & Specialty SE 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.
