United Nations Secretary General António Guterres has announced the Global Investors for Sustainable Development Alliance (GISD) initiative at the UN headquarters. The initiative is co-chaired by Oliver Bäte, CEO of Allianz SE, and Leila Fourie, CEO of the Johannesburg Stock Exchange.
In one of the boldest actions yet by the world’s largest investors to decarbonize the global economy, an alliance of the world’s largest pension funds and insurers – responsible for directing more than 2.4 trillion U.S. dollars in investments – has today committed to carbon-neutral investment portfolios by 2050.
The strength of Typhoon Mangkhut in Asia has shocked even veteran Allianz assessors as they work through the damages. Debris and broken, uprooted trees lay outside. With gale force winds of 173 kilometers (107 miles) per hour and gusts of up to 223 kph (138 mph), Mangkhut was stronger than Hurricane Florence that hit North Carolina recently.
Allianz Real Estate has partnered with Bright, a producer and distributor of digital art for brands and spaces, to encourage the occupants of its buildings to behave in an eco-responsible manner and reduce their electricity bills.