Today, fostering a resilient society remains a priority for Allianz, as environmental challenges like climate change threaten our business, communities, and economies, exacerbating social issues such as inequality and instability. We see it as both a strategic necessity and a responsibility to address these interconnected issues.
Our approach to sustainability
“We believe sustainability is a driver for long-term growth and success for our business. More than that, it’s a catalyst for a better way forward – one where societies can grow and thrive without putting excessive strain on the planet.”
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Emilia Macarie Group Chief Sustainability Officer |
We live our commitments through our strategy
Our goal is to integrate sustainability into our decision-making, embedding it across our insurance, proprietary investments, asset management, and own operations. We set clear ambitions, mitigate risks, capture opportunities, and actively engage with stakeholders.
How do we embed sustainability?
Sustainability Committee
The Sustainability Committee of the Group Supervisory Board is the highest governing body on sustainability related topics for the Allianz Group. The Sustainability Committee exchanges regularly on sustainability issues which are relevant for economically sound and sustainable development, as well as for the reputation of the Allianz Group. It closely monitors the Board of Management’s sustainability strategy as well as the Personnel Committee’s oversight of the Board of Management’s sustainability-related target setting.
Group Sustainability Board
Established in 2012, the Group Sustainability Board consists of Allianz SE Board Members and leaders of selected functions who meet quarterly. The Sustainability Board is responsible for integrating sustainability into all business lines and core processes dealing with insurance and investment decisions. The Board Members assume responsibility for specific sustainability topics, and functional departments provide regular updates on sustainability issues directly to the Sustainability Board which in turn reports to the Board of Management.
Dr. Günther Thallinger
Chairman of the Sustainability Board
Member of the Board of Management of Allianz SE, responsible for Investment Management, Sustainability
Claire-Marie Coste-Lepoutre
Member of the Sustainability Board
Member of the Board of Management of Allianz SE, responsible for Finance, Risk, Actuarial, Legal, Compliance (CFO)
Lauren Day
Member of the Sustainability Board
Group Head of Communications
Bettina Dietsche
Member of the Sustainability Board
Group Chief People and Culture Officer
Dr. Barbara Karuth-Zelle
Member of the Sustainability Board
Member of the Board of Management of Allianz SE, responsible for Operations, IT and Organization (COO)
Emilia Macarie
Member of the Sustainability Board
Group Chief Sustainability Officer
Dr. Klaus-Peter Röhler
Member of the Sustainability Board
Member of the Board of Management of Allianz SE, responsible for Insurance German Speaking Countries and Central Europe
Christopher Townsend
Member of the Sustainability Board
Member of the Board of Management of Allianz SE, responsible for Global Insurance Lines & Anglo Markets, Reinsurance, Iberia & Latin America, Middle East, Africa
Dr. Andreas Wimmer
Member of the Sustainability Board
Member of the Board of Management of Allianz SE, responsible for Asset Management, US Life Insurance
In addition to the Sustainability Committee and the Group Sustainability Board, several committees with board member leadership play an important role in our decision-making processes.
Group Finance and Risk Committee
Oversees risk management and monitoring including sustainability risk. The committee is the escalation point for sustainability related topics such as insurance and investment referrals.
Group Underwriting Committee
Monitors the underwriting business and its risk management, as well as developing new underwriting policies and strategy.
Group Investment Management Board
Monitors the investment approach for proprietary assets and sets the high-level agenda, including the sustainability integration approach.
Group Center for global sustainability
Since January 2021, responsibility for Allianz’s sustainability agenda is led by the Group Center Global Sustainability, headed by a Chief Sustainability Officer who reports to the Chair of the Sustainability Board. Global Sustainability supports Allianz operating entities around the world in integrating the Group’s strategic sustainability approach and policies into their organization and business processes.