More by Günther Thallinger
Addressing climate risk: collaborative response essential for fulfilling individual fiduciary responsibilities
In a recently published op-ed for the United Nations Environment Programme Finance Initiative (UNEP FI) convened Net-Zero Asset Owner Alliance (NZAOA), Allianz Board Member and NZAOA Chair Günther Thallinger explained asset owners’ work when it comes to protecting the best interests of their stakeholders. Insuring that an asset owner’s portfolio is indeed aligned with net zero—across all asset classes and all markets—is no simple feat. For example, measurement of companies’ scope 3 data remains sparse and unreliable. That’s where collaboration proves essential. As part of the Alliance, members contribute to and benefit from industry-leading decarbonisation methodologies as well as from opportunities to impactfully raise the need for comprehensive climate reporting, for example, with both corporates and policymakers.
You can read Günther Thallinger’s op-ed here.
Sustainability Report & other publications
Allianz Sustainability Report 2022
About Allianz
The Allianz Group is one of the world's leading insurers and asset managers with more than 122 million* 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 714 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.7 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 among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2022, over 159,000 employees achieved total revenues of 152.7 billion euros and an operating profit of 14.2 billion euros for the group***.
* Including non-consolidated entities with Allianz customers.
** As of June 30, 2023.
*** As reported – not adjusted to reflect the application of IFRS 9 and IFRS 17.
** As of June 30, 2023.
*** As reported – not adjusted to reflect the application of IFRS 9 and IFRS 17.
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