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Allianz SE
Königinstraße 28
80802 Munich
Germany

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A detailed glossary of terms and acronyms used in this Sustainable Development Report

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  • Glossary

Our reporting on environmental data generally follows the Sustainability Reporting Guidelines (G4) of the Global Reporting Initiative. The Group's carbon footprint is oriented towards the Greenhouse Gas (GHG) Protocol's Corporate Accounting and Reporting Standard. For data compilation, Allianz further applies the standards developed by the Association of Financial Institutions for Environmental Management and Sustainability (Verein für Umweltmanagement und Nachhaltigkeit in Finanzinstitutionen "VfU") as they are tailored to financial services institutions.

ENVIRONMENTAL MANAGEMENT

Our Group-wide Environmental Management System (EMS) provides standards and controls, supports environmental data collection and promotes transparent reporting of environmental impacts across our operations. It guides us in monitoring and managing our resource use, including water consumption and waste generated. Whilst in the context of our carbon footprint these two impacts are not material (generally combined <3% of total carbon footprint), we consider these impacts important both within a global and local context and the communities in which we operate. In 2016, the scope of our EMS included 92.2% of employees (2015: 91.3%). Operational implementation is monitored by the Group Environmental Officer, and is supported by the Board of Management of Allianz SE.

  • GHG emissions

  • Energy consumption

  • Water

  • Waste

  • Paper

  • Travel

GHG emissions

GHG emissions

(CO2e metric tonnes)

2016

2015

2014

Scope 1 – Direct GHG emissions, total

55,991

60,784

59,235

Scope 2 – Indirect GHG emissions (market based) total1

161,244

170,137

168,131

Scope 2 – Indirect GHG emissions (location based) total1

256,129

Scope 3 – Other indirect GHG emissions, total1

164,396

170,749

177,356

Scope 1–3 GHG emissions, total

381,631

401,670

404,722

KPI: Total GHG emissions per employee

2.74

2.83

2.85

1Electricity scope 2 emissions is in CO2 due to data availability (IEA).

Cutting our emissions

The most material emissions from our own operations arise through energy consumption, business travel and paper use. To target our efforts, we have committed to reduce carbon emissions by 30% per employee by 2020, against a 2010 baseline. By the end of 2016, we had reduced CO2 emissions by 25.3% per employee, mainly through energy efficiency measures, increasing use of renewable energy, and promoting lower-carbon travel.

As part of our continuous improvement process, our approach to managing the environmental impacts at the Allianz SE Campus in Munich has been further formalised and received certification to the international environmental standard ISO14001.

Energy consumption

Energy consumption

2016

2015

2014

Total energy consumption [GJ]

2,794,128

2,893,503

2,824,093

Energy consumption from our office buildings [GJ] 1

2,469,653

2,561,412

2,505,809

Energy consumption from our data centers [GJ]1

324,475

332,092

318,284

KPI: Energy consumption from office buildings per employee [GJ]1

17.71

18.04

17.66

Electricity [%]

70

70.4

70.7

Fossil fuels [%]

18

18.5

18.7

Long-distance heating [%]

11.7

10.9

10.4

Other (energy from own sources including photovoltaic, internal waste heat) [%]

0.2

0.2

0.2

Green electricity as a share of total electricity used [%]

45.1

39.2

37.6

1We are currently in the process of consolidating our global data center estate. The reported energy consumption relates to our two strategic data centers in Europe and further data centers will be part of our reporting scope from 2017. Up to the end of this consolidation programme, the energy consumption from some local data centers will be included in the energy consumption reported for office buildings.

Our target is a 30% reduction in energy consumption per employee by 2020, compared with 2010. We have achieved a 27% cut so far and 45.1% of the energy we used came from renewable, low-carbon sources in 2016.

Water

Water

2016

2015

2014

Total water consumption [m3]

1,887,526

1,915,934

1,968,004

Water consumption per employee [liters]

13,536

13,496

13,866

Drinking water [%]

87.2

85.4

88.2

Rain water [%]

0.4

0.3

0.4

Natural water [%]

12.4

14.4

11.4

Minimizing water use is a principle commitment under our Group Environmental Guidelines.

Waste

Waste

2016

2015

2014

Total waste [tons]

21,438

21,104

22,046

Waste per employee [kg]

154

149

155

Waste incinerated [%]

43.3

40.0

33.4

Waste recycled [%]

40.2

42.2

45.7

Waste to landfills [%]

15.9

17.1

19.6

Special waste treatment [%]

0.6

0.8

1.3

We seek to minimize the waste we generate and to re-use or recycle where possible. In 2016, efforts to avoid final disposal included the introduction of composting at our location in Minneapolis and sending food waste for biogas-production at Allianz One in Paris.

Paper

Paper

2016

2015

2014

Total paper consumption [metric tons]

14,946

16,403

17,049

KPI: Paper consumption per employee [kg]

107

116

120

Recycled paper [%]

37.8

35.7

40.5

FSC-labelled paper [%]

48.6

40.7

42.6

We are aiming for a 40% paper reduction by 2020 against a 2014 baseline. By the end of 2016, we had achieved a reduction of 10.8%, mainly through our shift towards increasingly digital communication.

Travel

Travel

2016

2015

2014

Total travel [km]

917,846,303

914,405,025

905,188,880

Travel per employee [km]

6,582

6,441

6,378

Road travel (includes business travel by rental car, fleet car and private car) [%]

43.9

47.5

49.1

Air travel [%]

47.5

44.6

43.6

Rail travel [%]

8.5

7.8

7.3

Business travel accounts for 34.2% of our carbon footprint. We encourage employees to avoid travel for non-business-critical, non-client-related meetings of less than three hours and we invest in state-of-the-art technologies as alternatives to travel. We are also strengthening the CO2 performance of our vehicle fleet, and electric cars are now in use in countries including Germany, Netherlands and Malaysia.

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Environmental management

We minimize our own CO2-footprint and support the development of a low-carbon economy. Our climate change strategy and our environmental management support our efforts and helped us become a carbon neutral company in 2012.

Sustainability Report 2016

Allianz - Allianz_Group_Sustainability_Report_2016-low

Read more about sustainable development at Allianz in our full PDF report.

Report 2016