As of 2025, Allianz has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 7 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Allianz's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2029 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | -30%a | 2029 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7) | Metric Tonnes of CO2 equivalent (mtCO2e) per Employee | -65%a | 2029 |
Intensity-based Target* | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7) | Metric Tonnes of CO2 equivalent (mtCO2e) per Employee | -42%a | 2029 |
Intensity-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Employee | -66%a | 2029 |
Intensity-based Target | Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Employee | -89%a | 2029 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Investment | -50%a | 2029 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Written Premium | -45%a | 2029 |
Intensity-based Target* | Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) per Employee | -60%a | 2029 |
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As of 2025, Allianz has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
As of 2025, Allianz has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Allianz's most ambitious operational target is to reduce these emissions by 89% by 2029, compared to a baseline of 1.01 Metric Tonnes of CO2 equivalent (mtCO2e) per Employee in 2019.a
Allianz has already surpassed its operational emissions reduction target, with 2025 levels falling below the 2029 value, achieving its climate goal ahead of schedule.a
As of 2025, Allianz has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Allianz's most ambitious value chain target is to reduce these emissions by 50% by 2029, compared to a baseline of 24,900,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
Allianz has already surpassed its value chain emissions reduction target, with 2025 levels falling below the 2029 value, achieving its climate goal ahead of schedule.a
As of 2025, Allianz has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a
Allianz's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 2.367 Metric Tonnes of CO2 equivalent (mtCO2e) per Employee in 2019, by 65% by 2029.a
Allianz has already surpassed its total carbon footprint reduction target, with 2025 levels falling below the 2029 value, achieving its climate goal ahead of schedule.a