We help our clients effectively adapt to emerging sustainability and ESG risks and opportunities across all our lines of businesses.
Our sustainability solutions
Our Sustainability Solutions team is committed to supporting our customers in effectively adapting to emerging risks and opportunities across all our lines of business. Mindful of the rapidly evolving regulatory environment and changing customer needs, we aid our customers in driving their decarbonization journeys, as well as providing advisory services on measuring, mitigating and adapting to climate-related risks.
Sustainability Risk & Insurance Readiness Assessment
Not sure where to start in strengthening your Sustainability strategy? We’ve got you covered: our Sustainability Risk & Insurance Readiness Checklist is a practical tool to help you assess your sustainability readiness from an insurance perspective. Fill out the questionnaire to receive an analysis of your critical risk areas and recommendations. Access it here:
Resilience and adaptation as key driver of our climate approach
The risk from extreme events such as floods and wildfires is projected to increase with climate change, posing a significant challenge to society and hampering sustainable development. Beyond providing financial resilience via indemnity or parametric covers, the insurance industry has a key role to play in bolstering climate resilience and adaptation.
We are focused on supporting our customers in adjusting to these new risks, using physical and nature-based solutions, risk prediction tools and advisory services. We strive to actively collaborate with our customers to explore challenges such as the increasing number of high-intensity events, and build tools and services that minimize risks and meet customers’ needs.
At Allianz, we aim to enable the journey to net zero for our own operations, our investees, and our insurance customers. Our commitments are based on a series of long-term and intermediate targets across our operations and business in line with the 1.5°C ambition of the Paris Climate Agreement.
We care about driving the transition with you. We strive to provide the necessary solutions and support that will enable our clients to develop their climate adaptation capabilities and enhance resilience in the face of emerging risks. Collaboration will be key in tackling the challenges ahead, together.
Beyond Resilience is leading the transition
Our transition strategy is closely aligned with the growth and advancement of energy transition focused technologies. According to the IEA, Global energy sector emissions were 37 gigatonnes (Gt) in 2022 – a record high and a 5% increase from 2015. As we recognize the urgency of bending the curve, we prioritize supporting solutions that enable the shift to a lower carbon economy, and are ready to walk hand in hand with our clients to accelerate the transition, together.
Building Back Better
Build Back Better is an approach to damage response which aims at enhancing the environmental value of whatever has been affected by a negative event. It reflects our commitment to developing innovative, responsible insurance solutions that support our clients in achieving their sustainability goals while aligning with their long-term net-zero commitments for 2050.
As part of the loss recovery process, we offer a series of policy endorsements embedded within existing coverages. These provide clients with added incentives and financial support to transition from high–carbon footprint materials and resources to lower-carbon alternatives, turning recovery into an opportunity for long-term decarbonization progress.
Embracing SDGs by partnering to reach out goals
From greenhouse gas (GHG) accounting support to ESG litigation training, to providing guidance on navigating voluntary carbon markets, we’ve established a range of strategic collaborations.
Demystifying Voluntary Carbon Offset Ratings with Sylvera
To enhance transparency in the voluntary carbon market (VCM) and support clients in navigating its complexities, we have partnered with Sylvera, a leading carbon data platform.
Enhancing GhG Accounting and Reporting with Brightest & Allianz Teknik
To support you in your Sustainability journey, we have partnered with Brightest, a provider of sustainability and ESG data, reporting and performance solutions, on top of our in-house environmental and climate change consulting and training provided by Allianz Teknik.
Upskilling on litigation and greenwashing risks with Clyde&Co
To navigate growing greenwashing litigation risks related to D&O, we have partnered with Clyde&Co, a leading law firm providing dedicated services in this space.
