Allianz Hungária Zrt., a prominent player in the Hungarian insurance market, is headquartered in Budapest, Hungary. Established in 1991, the company has grown to become a leading provider of insurance and financial services, catering to both individual and corporate clients across the country. Specialising in life, health, property, and liability insurance, Allianz Hungária Zrt. distinguishes itself through its customer-centric approach and innovative solutions. The company has achieved significant milestones, including numerous awards for service excellence and a strong market position, reflecting its commitment to quality and reliability. With a robust portfolio of products designed to meet diverse needs, Allianz Hungária Zrt. continues to enhance its reputation as a trusted insurer, contributing to the financial security of its clients in Hungary and beyond.
How does Allianz Hungária Zrt.'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 Hungária Zrt.'s score of 77 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Allianz Hungária Zrt., headquartered in Hungary (HU), currently does not report specific carbon emissions data 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 corporate family, Allianz Hungária Zrt. adheres to the sustainability initiatives and targets set by Allianz SE. This includes participation in various climate initiatives such as the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all of which are cascaded from Allianz SE at a level 2 relationship. However, specific reduction targets or achievements for Allianz Hungária Zrt. have not been disclosed. While no absolute emissions figures are available, Allianz Hungária Zrt. is committed to aligning with industry standards for climate action and sustainability, reflecting the broader goals of its parent company. The absence of specific data highlights the need for ongoing transparency and accountability in corporate climate commitments.
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 |
Allianz Hungária Zrt.'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.
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 Hungária Zrt. 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.