Sustainability Report

Overview

The report details Allianz Group's first comprehensive Net-Zero Transition Plan, setting 2030 decarbonization targets across proprietary investments, P&C insurance and own operations while maintaining a 2050 net-zero commitment. Allianz reports 100% renewable electricity for office buildings and data centers and total energy consumption of 1,574,357 GJ in 2023. The report also introduces a comprehensive double materiality assessment covering financial and impact materiality, alongside extensive Group-wide workforce and sustainability governance disclosures.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
SBTi status

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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