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AllianzGI joins the One Planet Asset Managers Initiative

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The One Planet Asset Managers (OPAM) initiative was launched in 2019 to support the members of the One Planet Sovereign Wealth Funds (OPSWF) in their implementation of the OPSWF Framework1. The OPSWF Network comprises 43 of the world’s largest institutional investors with over $36 trillion in assets under management and ownership. 

By joining OPAM, AllianzGI is committed to actively collaborate within the OPSWF Framework and to engage with other key actors, including standard setters, regulators and the broader industry to further the Framework’s objectives. The goal is to accelerate the understanding and integration of the implications of climate-related risks and opportunities within long-term investment portfolios through sharing of investment practices and expertise with the members of the OPSWF and publication of relevant research.

Tobias Pross, CEO of Allianz Global Investors commented: “Partnering with clients to tackle the most pressing sustainability issues and create a better future for all is at the heart of what we do. We are proud to be the first German investor to be joining the OPAM. We are committed to advance the understanding of the implications of climate-related risks and opportunities within long-term investment portfolios through the sharing of investment practices. AllianzGI looks forward to contributing to the work of the One Planet Initiatives given our experience in climate finance through our investment process, strong stewardship policy, and investment solutions that contribute positively to the alignment of an asset owner’s portfolio to a low carbon economy”.

This new commitment comes as AllianzGI, recognizing the urgency to tackle climate change, is accelerating its sustainability drive. Allianz Global Investors announced earlier this year that it was is committed to supporting the climate transition via exclusions in coal production and coal-based energy production. AllianzGI is a member of the Net Zero Asset Managers initiative and supports the goal of net zero greenhouse gas emissions by 2050 or sooner.  AllianzGI is also an original member of the EC’s Technical Expert Group (TEG) on Sustainable Finance and co-founded the Climate Finance Leadership Initiative.  

1 The One Planet Sovereign Wealth Fund initiative is a part of the One Planet Finance Initiative. The One Planet Sovereign Wealth Fund Framework has set out  three principles to accelerate the integration of climate change analysis into the management of large, long-term and diversified asset pools:

Principle 1: Alignment: Build climate change considerations, which are aligned with the SWFs’ investment horizons, into decision-making.

Principle 2: Ownership: Encourage companies to address material climate change issues in their governance, business strategy and planning, risk management and public reporting to promote value creation.

Principle 3: Integration: Integrate the consideration of climate change-related risks and opportunities into investment management to improve the resilience of long-term investment portfolios.

About Allianz Global Investors

Allianz Global Investors is a leading active asset manager with over 690 investment professionals in 24 offices worldwide and managing EUR 633 billion in assets. 

Data as of June 30, 2021

The Allianz Group is one of the world's leading insurers and asset managers with more than 100 million[1] private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 793 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage more than 1.8 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are amongst the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2020, over 150,000 employees achieved total revenues of 140 billion euros and an operating profit of 10.8 billion euros for the group.

These assessments are, as always, subject to the disclaimer provided below.

*Including non-consolidated entities with Allianz customers.

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Marion Leblanc-Wohrer
Allianz Global Investors
As with all content published on this site, these statements are subject to our cautionary note regarding forward-looking statements:

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