Allianz Sri Lanka

Sustainability

Collaborating for a sustainable future

Allianz is one of the strongest financial communities in the world and seeks to position itself as one of the world’s most trusted financial service providers and a global sustainability leader, hence sustainability is part of the Allianz group’s DNA. We always think in long-term outcomes and how we can make the world a more resilient place. By the very nature of our core business; ‘protecting people and businesses against risk’ we contribute to our customers’ long-term financial wellbeing and stabilize local economies.

We want our stakeholders to know that Allianz is a financially stable, responsible and trustworthy company that embraces sustainable business. Our most material issues are those perceived as vital for business success and sustainability by our stakeholder groups to identify what they see as materially important for sustainable development at Allianz.

Download our Sustainability Report 2020

Message from Allianz Insurance Lanka Ltd-CEO, Gany Subramaniam

Our purpose, ‘We secure your future’, extends beyond offering world class financial solutions that give our customers confidence in a better tomorrow.

As one of the largest financial services providers in the world, we seek to remove uncertainty out of the picture and drive positive change for both people and the planet.

We lead the industry in how we consider environmental, social and governance (ESG) issues and seek to embed sustainability into our core business processes to manage risks, capture opportunities and drive positive outcomes.

This commitment extends to Sri Lanka as well where we continue to champion sustainability and inclusivity through both our business and community engagement efforts with a focus on social inclusion, climate change and decarbonization.

We currently have several ongoing initiatives around promoting health and safety, protecting the environment, and supporting education and sports and continue to look for more opportunities to widen our positive impact on the market.

Earlier this year, we had the privilege of taking solar power to a rural school in Warawewa in the country’s North Western province. We are also engaging with communities to explore how we could ensure more people have access to clean water.

We remain committed to working with all stakeholders on addressing complex sustainability challenges and creating a better future for the communities we serve and the world at large.

Our Vision for 2022

In line with the global vision, the sustainability approach at Allianz Lanka is anchored to our pillars of Social Inclusion, Climate Change and Decarburization which encompass our most significant impacts on the environment. Integrity and trust are embedded into our corporate strategy as we perform our business in a sustainable manner. To support this long term approach, our team members continue to monitor social issues that we are uniquely capable of addressing, so we can enhance the quality of life and contribute to an improved future for all Sri Lankans.

Through donations, sponsorships and volunteering in the areas of sports, education, health and other critical areas we hope to create a strong and vibrant community

What to know more?

Allianz Lanka Successfully Completes Its First Sustainable Initiative for 2022

Allianz Lanka successfully completed its first major sustainable initiative for 2022 in the Mahiyanganaya area, staying true to the Company’s global and local vision of helping to create and foster sustainable economies and societies. The project in question involved the installation and commissioning of a photovoltaic solar power generation array at the B/MA/Senanigama Primary School, Mahiyanganaya. Close to 72 students and teachers will benefit from this initiative as the school is now able to obtain its daily energy requirements from a renewable energy source, while also contributing the excess power generated to the national grid.

Allianz Lanka takes a sustainable step forward with the launch of ‘Thuru Mithuru’

Aligning with their global efforts towards more sustainable and eco-friendly operations, Allianz Lanka recently joined the efforts of the Allianz Group in reducing their carbon footprint, rolling out several initiatives to make a positive impact to our environment. A significant milestone in this journey was the recent launch of ‘Thuru Mithuru’, an initiative that aims to support the group wide commitment to cut Greenhouse Gas (GHG) emissions per employee by 30% by 2025 through a company-wide tree planting project.

Allianz Lanka Unveils its first Sustainable Initiative for 2021

Hettiarachchigama is a rural agricultural village, with a humble and hospitable community located in North Western Province, about 80Km away from Kurunegala. Having visited several schools in the area, the Allianz team picked NW / Maho / Giribawa Hettiearachchigam Primary School in Warawewa as the school with the greatest need for this solar installation. The school now has a solar panel with a capacity of 3kWh (a 7 solar panel unit) which provides its complete electricity requirements. Close to 50 children from farmer families between the grades of 1-5 and five teachers will benefit from this initiative. This is in line with Allianz’s global focus on Climate Change and Decarbonization.

Allianz Insurance Lanka Ltd donates No Parking boards to Bandarawela Police

Sri Lanka Police plays a pivotal role in ensuring the safety and well-being of the public. Bandarawela is a densely populated town that attracts large numbers of local and foreign visitors. The efforts made by Bandarawela Police to ensure the safety of the local community as well as all these visitors with limited resources are highly commendable. As a brand that continuously strives to support all Sri Lankans have confidence in tomorrow, we felt it would be a great opportunity to appreciate their efforts and help the Bandarawela Police carry out their operations with ease. In line with this, we donated 10 nos of “No Parking” boards to the Bandarawela Police on 15^th March 2021 in the presence of Mr. Mangala Bandara (Chief Marketing Officer), Mr. Samantha Gunawardena (AGM-Market Management) and several other team members. HQI, Mr. Chandana Jayathilaka and several Traffic Police Officers attached to the Bandarawela Police were also present at this occasion.

Allianz Insurance Lanka Ltd donates police post to Dematagoda Police

Our frontline workers, tirelessly and bravely continue to do their jobs whilst sacrificing their personal well-being. The Dematagoda Police plays a significant role in ensuring public safety. As a brand that deeply cares for our community we wanted to recognize their efforts and support them to carry out their duties with ease. In line with this, we donated a police post to the Dematagoda Police in the presence of Mangala Bandara (Chief Marketing Officer), Samantha Gunawardena (AGM-Market Management), Rienzie De Silva and several other team members. Traffic sergeant, Mr. N R Gunawardena was also present at this occasion. This initiative is one of many planned for this year to support the local community we operate in.

Allianz Insurance Lanka Ltd donates essential items to Public Health Department, Colombo Municipal Council

In our efforts to strengthen the nation’s resilience to pandemics and other public health emergencies, Allianz donated two nos. 10ftx15ft Foldable Tents, three tables and four chairs to Public Health Department, CMC recently. These items are mainly used for PCR testing, dengue testing and for school health programmes carried out by MOH unit. These items were officially handed over on 26^th January in the presence of Mangala Bandara (CMO, Allianz Insurance Lanka Ltd), Samantha Gunawardena (AGM - Market Management), along with our team members, Nirmala Ranjan and Rienzie De Silva. Dr. Pathum C. Kodikara, Medical Officer of Health and several PHI staff members were also present at this occasion. This is in line with our commitment to help secure people’s lives and to give courage to our customers for what’s ahead.

Allianz Insurance Lanka Ltd. Supports District General Hospital - Negombo

Allianz Insurance Lanka Limited (Allianz Lanka), one of Sri Lanka’s leading insurance providers, extended its support to the District General Hospital – Negombo with a donation of air conditioning equipment to the hospital’s Blood Bank. The District General Hospital – Negombo is one of the key health care facilities in the Negombo region, serving as the primary healthcare centre for patients in Negombo and the neighbouring suburbs. It also caters to the Bandaranayake International Airport and the Katunayake Free Trade Zone.

The air conditioning units have been installed in the hospital’s Blood Bank which serves over 300 patients and 200 blood donors every week. Air conditioning is essential to helping blood banks maintain the quality of their service. Strengthening the capacity of the Blood Bank, the equipment is set to help the facility deliver greater levels of care and support to its patients and donors.

SOS Project

Following the global partnership between Allianz and SOS Children’s Villages, Allianz Lanka joined hands with SOS Children’s Villages Sri Lanka to empower youth with essential IT skills. This is part of SOS’s global ‘Youth Can!’ programme that strives to equip young care leavers with the tools they need to transition to independence and find appropriate work.

Under this partnership, Allianz will be providing 100 youth between 14 – 19 years of age from 6 SOS Family Care and SOS Family Strengthening programs across the island, with access to globally recognized International Computer Driving License (ICDL) programme by February 2023. Allianz Lanka won the Allianz Social innovation Fund worth €10,000 offered by Allianz SE in 2019 and will be utilizing the same for this.

Allianz Explorer Camp – Football Edition

Football is one of the most popular sports in the world, with an estimated 265 million people, both men and women playing football worldwide. Allianz believes that the values of football – teamwork, passion, and discipline, to name just a few – are equally important on and off the pitch. We are committed to instilling these values in the next generation of football players and fans. To achieve this goal, we have hosted the Allianz Explorers Camp - Football Edition, which welcomes teenagers from all over the world to come to Munich for a week of training with FC Bayern youth coaches, every year since 2009. Since then, more than 600 teenagers from more than 30 countries have already participated in the multi-day camp in Munich.

Allianz Lanka has been part of this global initiative since 2015 and has sent over 8 participants to both the Asia camp and the Munich Camp over the years. Every year participants experience a diversified program on and off the football pitch. Some of the highlights included training with FCB coaches at the FCB training facilities, meet & greet with FC Bayern players as well as knowledge sharing sessions by inspiring personalities from across the globe who have created an impact in their respective field of work. In addition, these young men and women are also given a chance to make friends with other aspiring footballers from around the world. Love of football brings people together regardless of differences in nationality or language, and Allianz is proud to be able to build a global community of young fans united by passion for the sport.

Allianz World Run

Since its inception in 2015, Allianz World Run has supported SOS Children’s Villages on 32 projects in 28 different countries including Sri Lanka in 2018. The initiative seeks to inspire Allianz team members as well as their friends and family to undertake recreational physical activity and get them active by giving them the opportunity to tackle pressing global issues. This 90 day programme which has been organized annually for 5 consecutive years has had a significant impact in creating a better tomorrow for children who is in most need of our support across the world.

Allianz Lanka first took part in this well-intentioned cause in 2016, and over the years we were able to steadily increase our contribution towards this worthy cause. Allianz World Run 2020 saw 12,261 participants from over 50 countries around the world cover a total distance of 1,939,901 kms in a span of 90 days. 1,103 participants from Sri Lanka took part in the event and covered 121,564Kms, a distance equivalent to around 3 times the circumference of the Earth, helping our paradise island rise to the 3rd position on Allianz World Run 2020’s global leaderboard.

Proud partner and signatory to alliances and partnerships

We believe in the power of collaboration and view long-term partnerships as instrumental to delivering positive change. Allianz’s businesses are signatory and member of a wide range of global sustainability initiatives and principles such as the below.

NET ZERO ASSET OWNER ALLIANCE (AOA)

NET ZERO INSURANCE UNDERWRITING ALLIANCE (IUA)

GLASGOW FINANCIAL ALLIANCE FOR NET ZERO (GFANZ)

GLOBAL INVESTORS FOR SUSTAINABLE DEVELOPMENT (GISD)

WEF MEASURING STAKEHOLDER CAPITALISM

PRINCIPLES FOR RESPONSIBLE INVESTMENTS (PRI)

PRINCIPLES FOR SUSTAINABLE INSURANCE (PSI)