Allianz Contacts
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Allianz Contacts

Responsible investments and insurance

As a global insurer and a responsible investor and asset manager, Allianz drives positive outcomes and embeds sustainability in its core business processes to manage risks and capture opportunities. We lead the industry in how we consider environmental, social and governance (ESG) issues.

What is ESG?

ESG refers to the environmental, social and governance risks and opportunities that extend beyond traditional financial considerations.

ESG topics include the environment and climate change, human rights, impacts on local communities and the wellbeing of our workforce.

If they are not properly identified and managed, ESG risks can have significant repercussions for businesses. Managing ESG risks can also present opportunities, such as insuring and investing in renewable energy.

Embedding sustainability in our products and services

 

We are committed to integrating sustainability in all our activities - from how we run our business to our insurance, investment and asset management solutions. For all areas, we have a long-standing set of indicators to disclose our sustainability performance across our business. 

Sustainability in insurance

Embedding sustainability considerations into our insurance business enables us to manage risks and act on opportunities to support sustainable development. We aim to add value through dialogue with stakeholders and by sharing our expertise on risk understanding and mitigation, and the management of sustainability risks.

In 2022, 730 insurance transactions were assessed for sustainability risks, slightly down from 850 transactions in 2021.

Sustainability in proprietary investments

As an asset owner, Allianz invests its proprietary assets – primarily the premiums collected from insurance customers. We aim to create a lasting positive legacy through these investments.

In 2022, we invested more than € 701 billion in a wide range of asset classes and our sustainable investments totaled € 131.5 billion.

Sustainability in asset management

We offer a wide range of equity, fixed income, and alternative investment strategies, products and solutions to our asset management clients – from retail fund investors to institutional clients. As one of the largest asset managers in the world that actively manages assets, we are well positioned to offer ESG and responsible investment solutions.

Our two major asset management businesses are Allianz Global Investors and PIMCO. Overall, the sustainability themed investments have increased to € 359.7 billion in 2022.  

ALLIANZ GI SUSTAINABILITY REPORT 2021

'Reaching net-zero is not simply reducing emissions and carrying on with the business models of today. There are profound changes and opportunities that will come from the net-zero economy. We see new business opportunities and strong wins for those ready to lead.'
           
 Günther Thallinger
Chairman of the Sustainability Board
Allianz SE

Our sustainability integration approach

We have developed industry-leading rules and tools for integrating ESG into our Group-wide risk management, underwriting , investment and asset management activities. 

 

EXPLORE OUR ESG APPROACH

Sustainable innovation

Providing responsible and innovative solutions represents a significant opportunity to grow our business and contribute to a sustainable, low-carbon future.

In 2022, we generated revenues totaling € 1,282.9 million from 103 sustainable solutions through our Sustainable Solutions program. They include:

  • 76 sustainable insurance solutions;
  • 57.2 million emerging consumers reached;
  • 27 insurance solutions with a sustainability component;
  • € 131.5 bn sustainability-themed proprietary investments; and
  • € 359.7 bn third party assets under management invested in sustainability/ESG strategies.

Committed to transparency

We are a signatory of the UN Environment Programme Finance Initiative Principles for Sustainable Insurance (PSI) and we submit an annual Disclosure on Progress.
 
DOWNLOAD OUR MOST RECENT DISCLOSURE