The so-called quad-state tornado razed entire towns in the U.S. Midwest to the ground last weekend. We spoke to Bastian Manz, Senior Atmospheric Risk and Climate Risk Analyst at Allianz Re, about the influence of climate change on tornadoes and how the damage they cause has evolved over the years.
Allianz first got behind the Paralympic Movement in 2006. Fifteen years on, the now Worldwide Paralympic Insurance Partner has released season 2 of its award-winning podcast with the International Paralympic Committee "A Winning Mindset" to celebrate the Paralympians and those who sparked their confidence.
Allianz Group achieved the top position of all +125 rated insurance companies in the Dow Jones Sustainability Index (DJSI). With 92 points (updated to 93 points on Nov. 26, 2021), Allianz ranks well above the average sector scoring of 40 points in the results of the world's most recognizable sustainability index.
The new strategy has a target size of €500 million. Its investment criteria is based on EU taxonomy for sustainable activities. It is an impact investing initiative for Africa, Asia, Latin America and the Middle East.
In an op-ed in Investment Week, Günther Thallinger, a member of the Board of Management of Allianz SE and chair of the UN-convened Net-Zero Asset Owner Alliance, argues that while progress has been made in getting governments and companies to set long-term decarbonization targets, it is interim targets that will lead to real world outcomes.
It is the world’s first cross-sectoral portfolio of emerging market loans in line with Paris Climate Agreement. Blended finance instruments are key for underfinanced markets to grow on a net zero emission path. Financing climate-smart business models complement Allianz’s net zero commitments
Climate change is one of the defining risks of the 21st century. The climate conference COP26, which starts next week, might be one of the last chances to come to grips before the devastation and cost spiral out of control.
The flash flood caused by low-pressure weather system Bernd devastated parts of Germany, Belgium and the Netherlands. Three months after the disaster, the infrastructure in the flooded areas remains in shambles and people are struggling to cope with the aftermath. Unfortunately, this flood is just one in a series of natural disasters this year, highlighting the need to actively address climate change and find new ways to protect citizens.
In this editorial for allianz.com, Allianz board member Günther Thallinger calls on sovereign wealth funds (SWFs) to use their significant financial influence to effect climate policy. He writes that it makes ethical and financial sense for SWFs to go green, as the world can no longer afford for them to sit on the sidelines as the world tackles climate change.
