Allianz is phasing out coal

 

Aware of the two-degree-target of the Paris climate negotiations as well as the economic risks involved, CEO Oliver Bäte announced that Allianz will stop financing coal-based business models. It will no longer invest in companies that derive more than 30 percent of revenue from coal mining or generate over 30 percent of their energy from coal.


Andreas Gruber, Chief Investment Officer of Allianz, is giving a statement on German television ZDF (available in German only)

Climate protection will become part of our core business

As with all content published on this site, these statements are subject to our Forward Looking Statement disclaimer:

 

Nicolai Tewes
​Allianz SE
Phone: +49.89.3800-4511
Send email

May 31, 2023

Allianz Safety & Shipping Review 2023

read more

May 26, 2023

Insurance is a vital shock absorber in uncertain times

read more

May 25, 2023

Notable birthdays: GDPR turns 5

read more