Allianz of America, Inc. Sustainability Profile
Allianz of America, Inc., a prominent player in the insurance and financial services industry, is headquartered in the United States. Established in 1890, the company has evolved significantly, marking key milestones in its journey, including the expansion of its operational regions across North America. Specialising in a diverse range of insurance products, including life, health, and property insurance, Allianz distinguishes itself through innovative solutions tailored to meet the unique needs of its clients. With a strong market position, Allianz of America is recognised for its commitment to customer service and financial stability, making it a trusted choice for individuals and businesses alike. As a subsidiary of Allianz SE, the company leverages global expertise while maintaining a local focus, ensuring it remains at the forefront of the insurance sector.
DitchCarbon Score
How does Allianz of America, Inc.'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 of America, Inc.'s score of 57 is higher than 73% 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 of America, Inc., headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is a current subsidiary of Allianz SE, which influences its climate commitments and initiatives. Allianz SE, the parent organisation, has set various climate-related targets that cascade down to Allianz of America, Inc. These include commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP). However, specific reduction targets or achievements for Allianz of America, Inc. have not been disclosed. As part of its broader corporate family, Allianz of America, Inc. aligns with Allianz SE's sustainability goals, which focus on reducing carbon emissions and enhancing climate resilience. The absence of direct emissions data highlights the need for ongoing transparency and commitment to climate action within the insurance sector.
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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 of America, Inc.'s Industry?
How Carbon Intensive is Allianz of America, Inc.'s Location?
Allianz of America, Inc.'s Scope 3 Categories Breakdown
Allianz of America, Inc.'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 of America, Inc.'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 of America, Inc. 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.
