Allianz SE
Allianz's GHG Emissions Data Preview
In 2024, Allianz completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Allianz has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
a
a
a
a
a
a
a
a
bVerified Sources Behind Allianz’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Allianz’s data sources below and access millions more through our Disclosure Search.
Insights into Allianz's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Allianz amounted to 246,993.9 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Allianz increased by 6.02%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Allianz's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Allianz's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Allianz were 53,884.6 metric tons of CO₂ equivalent (tCO₂e). a
Has Allianz reduced its Scope 1 emissions over time?
Since 2018, Allianz's Scope 1 emissions have increased by 15.3%, reflecting a rising long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), Allianz's Scope 1 emissions decreased by 11.01%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Allianz's Scope 2 emissions?
In 2024, Allianz reported Scope 2 greenhouse gas (GHG) emissions of 58,751.1 tCO₂e using the market-based method and 193,109.3 tCO₂e using the location-based method. a
Has Allianz reduced its Scope 2 emissions over time?
Since 2018, Allianz's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 19.25%, reflecting a declining long-term trend in Scope 2 emissions over time. a c
Compared to the previous year (2023), Allianz's Scope 2 emissions (Location-Based) rose by 12.01% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Allianz use for Scope 2 reporting?
In 2024, Allianz reported its Scope 2 emissions using the market-based method and using the location-based method. a
Allianz's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Allianz's Value Chain Emissions
In 2024, Allianz reported 48,820,056.5 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Allianz includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Allianz's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Allianz's Scope 3 emissions?
In 2024, Allianz reported total Scope 3 emissions of 48,820,056.5 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.21% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.79% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Allianz reduced its Scope 3 emissions over time?
Since 2018, Allianz's Scope 3 emissions have increased by 1,068.07%, reflecting a rising long-term trend in Scope 3 emissions over time. a d
Compared to the previous year (2023), Allianz's Scope 3 emissions decreased by 15.03%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does Allianz disclose?
In 2024, Allianz reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Allianz's Scope 3 emissions?
In 2024, the largest contributors to Allianz's Scope 3 emissions were: a
- Investments (Cat. 15): 48,626,453.1 tCO₂e (99.6%)
- Downstream Leased Assets (Cat. 13): 90,974.1 tCO₂e (0.19%)
- Business Travel (Cat. 6): 55,873.8 tCO₂e (0.11%)
Allianz's Scope 3 Emissions by Categories
Insights into Allianz’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Allianz reported Scope 1 greenhouse gas (GHG) emissions of 53,884.6 tCO₂e and total revenues of USD 124,387 millions. This translates into an emissions intensity of 0.43 tCO₂e per millions USD. a
Allianz's Scope 1 Emissions Intensity Compared to Peers
How does Allianz's GHG emissions intensity compare to its peers?
In 2024, Allianz reported a Scope 1 emissions intensity of 0.43 tCO₂e per millions USD. Compared to the peer group median of 0.36 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Allianz rank on GHG emissions intensity within its industry?
In 2024, Allianz ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Allianz is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Allianz's Total Carbon Footprint
In 2024, Allianz reported a total carbon footprint of 49,067,050.4 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.95% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Allianz's total carbon footprint was Scope 3 emissions, accounting for 99.5% of the company's total carbon footprint, followed by Scope 2 emissions at 0.39%. a