Warning: You are using an outdated Browser, Please switch to a more modern browser such as Chrome, Firefox or Microsoft Edge.

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

Jan 07, 2022

Allianz completes reinsurance transaction for $35-bn U.S. fixed index annuity portfolio

read more

Jan 04, 2022

Allianz France and CNP Assurances announce the transfer of Allianz France’s savings contract portfolio to CNP Assurances

read more

Jan 04, 2022

Allianz and VGP expand relationship with new European logistics joint venture

read more