We know it best as the building block of water. But hydrogen, which has the ability to provide clean energy for powering industries, vehicles and homes, can also be an effective tool against climate change...
Just as Europe was hobbling out of the Covid-19 pandemic, a series of natural disasters struck parts of the continent, leaving it struggling to dig its way out of misery. With heavy casualties and unprecedented damage in Germany and Belgium, the recent cloudburst and subsequent floods reinforce the need to prepare for the winds of climate change…
Allianz Group has joined forces with seven other leading insurers to form the UN-convened Net-Zero Insurance Alliance (NZIA). The first of its kind net-zero network for the underwriting business was launched yesterday alongside the G20 summit, underlining the importance of cooperation between leading governments and companies to mitigate the risks of climate change.
Allianz Global Investors, one of the world’s leading active asset managers, has today announced that it will implement a global exclusion policy that includes a dedicated coal policy. This new exclusion policy is a further example of AllianzGI’s commitment to tackling climate change by divesting from the single largest source of carbon emissions.
Allianz Group has released its 20th Sustainability Report, outlining its environmental, social and corporate governance achievements in fiscal year 2020, as well as its sustainability strategy and targets. In the coming years, the company plans to further embed environmental and social criteria in its business strategy, product development and marketing.
Allianz has committed to clean oceans and coasts, biodiversity conservation and sustainable fishing practices by partnering with the international marine conservation organization Sea Shepherd Global. The partnership is initially for two years and covers Italian coastal areas in the Mediterranean Sea.
With vaccinations rolling out across the world and stimulus packages starting to take effect, the post-Covid recovery period is an opportunity to build back greener. How are major regional players working together towards this common goal and what are they doing to accelerate this transition to green technologies?
Recognizing the urgency to tackle climate change, AllianzGI announces its commitment to support the goal of net zero greenhouse gas emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5°C, by joining the Net Zero Asset Managers initiative.
Allianz announces for the first time concrete interim targets for reducing greenhouse gas emissions in its investment portfolio of policyholder funds, implementing its stated goal of climate neutrality by 2050. By 2025, emissions for selected asset classes in the portfolio of customer funds are to be reduced by 25 percent compared to 2019.
