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Allianz announces first net-zero transition plan with 2030 intermediate targets for core business segments

News | September 7, 2023 | Munich
  • Scaling renewable energy and low-carbon technology: Allianz to profitably grow revenues from transition solutions in commercial insurance portfolio by 150% and provide additional investments of 20 billion euros by 2030
  • Intermediate targets accelerate reduction of emissions in Property & Casualty (P&C) insurance portfolios: targeted carbon emission reduction of 30% for retail motor segment and greenhouse gas (GHG) emission intensity reduction of 45% in commercial insurance segment by 2030
  • Investment portfolio overachieved 2025 GHG emission reduction target and is now targeting to halve the level of GHG emissions by 2030
  • Encourage net-zero transition: Allianz reinforces its goal to drive decarbonization together with its customers, partners and policymakers

For further information, please contact:

Overall Allianz climate strategy and investments

Christiane Hach
 +49-89-3800-7679
christiane.hach@allianz.com

Anja Rechenberg
+49-89-3800-4511
anja.rechenberg@allianz.com

Retail P&C, incl motor insurance business

Christina Bersick
 +49-89-3800-12940
christina.bersick@allianz.de

Commercial insurance business

Heidi Polke-Markmann
 +49-89-3800-14303
heidi.polke@allianz.com

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