The Sustainability Statement fulfils the requirements for the Group Non-Financial Statement prepared in accordance with sections § 315b to § 315c HGB. Given the still due national transposition of the CSRD into German national law, the Allianz Sustainability Statement is compiled per the Non-Financial Reporting Directive (NFRD) (Directive 2014/95/EU of the European Parliament and of the Council of 22 October 2014 amending Directive 2013/34/EU), which has been transposed into German law via § 315b to § 315c HGB, and ESRS (Commission Delegated Regulation (EU) 2023/2772 of 31 July 2023 supplementing Directive 2013/34/EU of the European Parliament and of the Council).
Allianz SE and Allianz Group comply with the legal requirements to provide a Non-Financial Statement and a Group Non-Financial Statement by issuing a combined separate Sustainability Statement for Allianz Group and Allianz SE. PricewaterhouseCoopers GmbH WPG (PwC) has been engaged to perform a reasonable assurance engagement on the Sustainability Statement of the Allianz Group.
The first Non-Financial Statement was published in 2017 as an individual report. Since 2018 it has been part of the respective Annual Report. The Annual Report 2024 includes the Sustainability Statement, in line with European Sustainability Reporting Standards (ESRS), which also fulfils the requirements for the Group Non-Financial Statement prepared in accordance with sections § 315b to 315c HGB.