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.

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.

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

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.   

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)