Being a sustainable insurer

 
For Allianz, countering climate change and limiting global warming is a crucial priority. It remains a major risk for the communities in which we operate and also directly impacts our business.

We’re fully committed to the 2015 Paris Climate Agreement’s target to limit global warming to well below 2°C and we understand that reaching this goal will require a rapid and full decarbonisation of the global economy.

As one of the world’s largest institutional investors and insurers, we have a leading role to play in supporting the global transition to a low‑carbon future. We’re taking concrete actions and working with others to understand the science, develop and implement solutions and mitigate the impacts of climate change. We’re anticipating the risks of climate change, protecting and caring for our customers through our insurance products and enabling the transition to a low-carbon economy with our insurance and investment activities.

€5.6bn

Renewable energy investments including 81 wind and solar farms

2040

Commitment to phase all coal risks out of our business by 2040

100%

Commitment to sourcing 100% of our electricity from renewable sources 2023

2012

Carbon neutral since 2012

No. 1

Insurer in the Dow Jones Sustainability Index

165

Products with ecological or social benefits

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- Oliver Bäte, Chairman of the Board of Management, Allianz SE.