Talanx AG 2023 SR
The report highlights Talanx Group's progress in its 2025 sustainability strategy, achieving key targets ahead of schedule. Notably, the group reduced the carbon intensity of its liquid investment portfolio by 34% and cut Scope 1 and 2 emissions in Germany by 38% compared to the 2019 baseline. Sustainable investments reached EUR 11.3 billion, exceeding the 2025 target. The company also introduced stricter exclusions for fossil fuel investments and underwriting, including new oil and gas projects. Furthermore, Talanx performed its first risk analysis under the German Supply Chain Due Diligence Act and expanded its ESG governance by increasing the number of experts on the Supervisory Board.
Company: Talanx AG
Sector: Finance & insurance
Country: Germany
Year: 2023
Type: SR
Pages: 89
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Talanx AG
Sustainability Report
The report highlights Talanx Group's progress in its 2025 sustainability strategy, achieving key targets ahead of schedule. Notably, the group reduced the carbon intensity of its liquid investment portfolio by 34% and cut Scope 1 and 2 emissions in Germany by 38% compared to the 2019 baseline. Sustainable investments reached EUR 11.3 billion, exceeding the 2025 target. The company also introduced stricter exclusions for fossil fuel investments and underwriting, including new oil and gas projects. Furthermore, Talanx performed its first risk analysis under the German Supply Chain Due Diligence Act and expanded its ESG governance by increasing the number of experts on the Supervisory Board.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
May 2, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees