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Insurance Services
US
updated 16 days ago

Allianz Life Insurance Company of North America

Company website

Allianz Life Insurance Company of North America, a prominent player in the insurance and financial services industry, is headquartered in Minneapolis, Minnesota. Founded in 1896, the company has established a strong presence across the United States, focusing on innovative solutions in life insurance, annuities, and retirement planning. With a commitment to helping individuals secure their financial futures, Allianz Life offers a range of unique products, including fixed indexed annuities and life insurance policies tailored to meet diverse client needs. The company is recognised for its customer-centric approach and robust financial strength, consistently earning high ratings from industry analysts. As a subsidiary of Allianz SE, Allianz Life has achieved significant milestones, positioning itself as a trusted provider in the market. Its dedication to innovation and customer service has solidified its reputation as a leader in the life insurance sector.

DitchCarbon Score

How does Allianz Life Insurance Company of North America'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.

77

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.

31

Industry Benchmark

Allianz Life Insurance Company of North America's score of 77 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

88%

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Allianz Life Insurance Company of North America's reported carbon emissions

Inherited from Allianz SE

Allianz Life Insurance Company of North America, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Allianz SE, which cascades its climate commitments and emissions data through a corporate family relationship. As part of its climate strategy, Allianz SE has set various reduction initiatives that influence Allianz Life's commitments. These include participation in the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all at a cascade level of 3. However, specific reduction targets or achievements for Allianz Life Insurance Company of North America have not been disclosed. While no absolute emissions figures are provided, Allianz Life is aligned with its parent company's broader sustainability goals, which aim to address climate change and reduce carbon footprints across its operations. The absence of specific emissions data highlights the ongoing need for transparency and commitment to climate action within the insurance sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20172018201920202021202220232024
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Allianz Life Insurance Company of North America's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Allianz Life Insurance Company of North America is in US, which has a low grid carbon intensity relative to other regions.

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 Life Insurance Company of North America 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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