The Allianz Group presented the most significant results and key figures for its environmental, social and governance performance in fiscal year 2017 in its 17th Sustainability Report. The company leads the prestigious Dow Jones Sustainability Index (DJSI) as best in its sector, and is considered one of the world’s most sustainable insurance companies. A strong record in sustainability counts as a sign of strength for investors, attracts employees who want a socially engaged employer, and serves a growing market in sustainable financial products.
With investments of more than 5.6 billion Euro in renewable energy, Allianz remains one of the most important investors in this field. Its portfolio includes 81 wind farms and 7 solar farms in Europe and the USA. Its investments in certified green buildings have risen to more than 11 billion Euro. In 2017, Allianz’s investment business achieved a milestone: They made it standard practice to include ecological, social and governance criteria, on top of financial considerations, in all insurance premium investment decisions. This so-called ESG Scoring is applied to all tradable assets. Allianz asset managers Allianz Global Investors and PIMCO also considerably expanded their related ESG approaches.
There was also progress within the insurance business. By investing 96.6 million Dollars in the microinsurance provider BIMA, Allianz is furthering its strategy of providing emerging consumers with affordable insurance services. Additionally, in 2017 Allianz offered more than 165 products with significant ecological or social value added, while generating some 1.2 billion Euro in revenues.