Allianz Global Investors (AGI), which manages some investment funds, is a signatory to the United Nations Principles for Responsible Investment (UNPRI) and therefore incorporates environmental, social and corporate governance (ESG) issues into its investment decision-making.
We support the global transition to clean energy by investing in sustainable projects and no longer investing in those that hinder innovation. Our ambition is to transition our global proprietary investment portfolio to net-zero by 2050.
We have a mandatory ESG screening process for all non-listed investments in real estate, infrastructure and non-listed corporations and apply an ESG scoring process to all listed assets.
We also apply exclusions to certain sectors from our portfolios, including controversial weapons, coal based business models, human rights concerns and oil and gas business models.