Dow Jones Sustainability Index recognizes Allianz as a Sustainable Insurer and underpins transition efforts – “It’s an incentive to continue our work!”
Allianz received a score of 82 (out of 100) in the 2023 Standard & Poor (S&P) Global Corporate Sustainability Assessment (CSA), underlying the Dow Jones Sustainability Index (DJSI), as of 24 November 2023. The results reflect Allianz’s long-standing commitment to driving positive social and environmental change as well as building meaningful partnerships to shape a better, more sustainable future.
[p"The CSA score and DJSI ranking are important third-party indications that enable us to fine-tune our strategies and identify areas for improvement" says Emilia Macarie, Chief Sustainability Officer of Allianz Group. [/p][p"As a global company, we have a responsibility to society: to our customers, employees and partners. Whether it is our work on climate change, our sustainable business offering or our social initiatives, we want to help ensure a future for society on a planet worth living on. We do this through a focus on driving the integration of sustainable practices into our own operations and across our businesses. As with any transformation, we recognize the enormous effort required and are constantly learning and adjusting our approach for the better. We want to foster a responsible transition while staying on course for our 2050 net-zero commitment. Our ranking and rating in DJSI are a reminder of the progress we have made and all that lies ahead.”[/p]S&P Global’s CSA, which forms the basis of the widely recognized DJSI, is a comprehensive assessment of a company’s sustainability efforts. It assesses a range of environmental, social and governance (ESG) factors, including but not limited to carbon emissions, diversity and inclusion, labor practices and governance structure.
Further information
Sustainability Report & other publications
Allianz Climate Strategy & Policies
About Allianz
The Allianz Group is one of the world’s leading insurers and asset managers with more than 122 million* private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 706 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.7 trillion euros** of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2022, over 159,000 employees achieved total revenues of 152.7 billion euros and an operating profit of 14.2 billion euros for the group***.* Including non-consolidated entities with Allianz customers.
** As of September 30, 2023.
*** As reported – not adjusted to reflect the application of IFRS 9 and IFRS 17.
Disclaimer
Cautionary note regarding forward-looking statements
This document includes forward-looking statements, such as prospects or expectations, that are based on management’s current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements.
Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz’s core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) adverse publicity, regulatory actions or litigation with respect to the Allianz Group, other well-known companies and the financial services industry generally, (iv) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (v) mortality and morbidity levels and trends, (vi) persistency levels, (vii) the extent of credit defaults, (viii) interest rate levels, (ix) currency exchange rates, most notably the EUR/USD exchange rate, (x) changes in laws and regulations, including tax regulations, (xi) the impact of acquisitions including and related integration issues and reorganization measures, and (xii) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.
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