Allianz SE

Common Name
Allianz
Country
Germany
Sector
Financial Services
Industry
Insurance - Diversified
Employees
156,626
Ticker
ALV
Exchange
XETRA
Description
Allianz SE is a multinational financial services company that primarily operates in the insurance and asset management sectors. Established in 1890 and headquartered in Munich, Germany, Allianz SE off...

Allianz's Climate Target Data Preview

As of 2024, Allianz has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 7 intensity-based target 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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2029
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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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
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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
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2029
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Investment
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2029
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Written Premium
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2029
Intensity-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Employee
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2029
Intensity-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Employee
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2029
Intensity-based Target*
Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e) per Employee
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2029
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Allianz's Greenhouse Gas Emissions Pathways

As of 2024, 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.

Does Allianz have a target to reduce the emissions from its operations?

As of 2024, Allianz has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

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.

Allianz has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2029 value, achieving its climate goal ahead of schedule.

Allianz's Operational (Scope 1+2) Emissions Pathway

20192024202900.30.60.91.2BaselineCurrent (-96%)

Does Allianz have a target to reduce the emissions from its value chain?

As of 2024, 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.

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.

Allianz has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2029 value, achieving its climate goal ahead of schedule.

Allianz's Value Chain (Scope 3) Emissions Pathway

20192024202906.5 M13 M19.5 M26 MBaselineCurrent (-51%)

Does Allianz have a target to reduce its total carbon footprint?

As of 2024, Allianz has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

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.

As of 2024, Allianz is ahead of schedule on its total carbon footprint reduction target, having achieved 94.65% of the planned reduction.

Allianz's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20192024202900.61.21.82.4BaselineCurrent (-62%)
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