Better Health for All

Allianz's core business includes life and health (re)insurance, with a stated mission to make access to quality healthcare easier

and have a positive impact on health and wellbeing . The company provides free healthcare access to school children and families in India and delivers complimentary healthcare at medical centers in Kenya, handling approximately 350 patients at Talek Health Center. Allianz also offers digital health solutions through partnerships like Esaal for clients and an integrated platform in Switzerland , and invested $59.2 million in American Well for telehealth services. Additionally, it introduced Elevate healthcare top-up plans in the EU/EEA. For mental health, Allianz implements mental health first aid training and well-being talks for employees , partnered with Esaal for digital mental health services for clients , and launched a mental health helpline and community initiatives in Malaysia, which received 2,962 calls from January 2022 to April 2023. The company's products and services, such as insurance and asset management, do not have direct safety implications for physical or mental health.

Fair Money & Economic Opportunity

While Allianz has several initiatives aimed at economic inclusion, such as Allianz Life's 'Allianz for Tomorrow' program which allocated $3 million in grants in 2023 impacting over 105,000 individuals,

and Allianz Bank Bulgaria's €28.96 million agreement to support SMEs, the provided articles do not contain the specific quantitative data required by the rubric for any KPI. Information such as the percentage of total customers from underserved segments, specific APRs or fee multiples, share of loan/insurance book for inclusion initiatives, or detailed metrics on financial literacy program reach as a percentage of customers is not available. Therefore, no KPIs can be scored based on the provided evidence.

Fair Trade & Ethical Sourcing

As a financial services company, Allianz SE does not procure or trade physical commodities, rendering KPIs related to fair-trade certified spend and high-risk material sourcing not applicable. The company is committed to supporting international human rights standards, aiming to prevent adverse impacts in its operations and supply chain, and follows OECD and U.N. guidelines, including a complaints mechanism for human rights violations.

In 2023, Allianz introduced a Sustainable Procurement Charter to establish high sustainability standards for suppliers. Allianz Global Investors developed a framework to engage companies on human rights in supply chains, covering policy, risk assessment, mitigation, performance tracking, and communication. Allianz Life Insurance Company of North America has been recognized as one of the World's Most Ethical Companies by Ethisphere for six consecutive years as of 2025. In 2024, Allianz integrated sustainability into decision-making processes and launched a Group-wide training program on sustainability targets.

Honest & Fair Business

Allianz Global Investors US LLC faced a lawsuit in May 2022, resulting in $6 billion in penalties for misleading investors regarding Structured Alpha Funds risks.

Allianz has a comprehensive whistleblower policy, accessible to all stakeholders, with multiple reporting channels including online tools, email, postal mail, phone, and in-person. Identity is protected, and reports can be anonymous. Receipt of reports is confirmed within 7 days, with follow-up information provided within 3 months for non-anonymous reports or after 6 months for complex cases. The company has a zero-tolerance policy for retaliation against whistleblowers and uses independent examiners for incidents. Allianz maintains an Anti-Fraud Compliance Program with a zero-tolerance approach to fraud and financial crime, conducting annual fraud risk assessments and providing compulsory anti-corruption training for all employees. Thorough due diligence is applied to potential business partners. Allianz SE also earned Europrivacy certification for GDPR compliance.

Kind to Animals

Allianz invests $321 million in global meat companies linked to mistreatment of animals, including confinement in mega-farms, cruel slaughter methods, and painful practices without anesthesia, failing to meet international animal welfare standards.

Allianz scored no higher than three out of ten on animal welfare policies and their enforcement in a survey and did not participate, indicating a lack of public position and systematic reporting. As a financial services company, Allianz does not conduct animal testing or engage in animal agriculture directly, making several KPIs not applicable. Its ESG Guideline on Animal Testing applies to investment screening, not its own operations. In conservation, Allianz partnered with Sea Shepherd since 2020, leading to the collection of 274 km of nylon fishing lines, 9 km of ghost nets, 13.7 tons of driftnets, and 39 tons of illegal fishing gear in the Mediterranean Sea. Allianz also invested in the Kasigau Corridor REDD Project in Kenya, protecting over 500,000 acres of forest and safeguarding wildlife habitats.

No War, No Weapons

Allianz SE has significant and increasing exposure to the defense sector, with investments totaling over $452 million in 15 defense companies as of Q4 2024, and nearly €3 billion in bonds from six defense companies as of August 2023.

In March 2025, Allianz Global Investors (AGI) eliminated exclusions for its sustainable investment funds, allowing investments in companies generating over 10% of their revenue from military equipment and services, and permitting investments in nuclear weapons activities within the Non-Proliferation Treaty. This policy shift contradicts previous claims of zero exposure to controversial weapons and represents an active expansion into military business lines. Allianz France also participated in the Defense Innovation Fund in March 2025, and Allianz acquired a 56% share in the Colchester Garrison project for the UK Ministry of Defence in February 2025. While Allianz has codified ethical red lines banning specific controversial weapons like biological, chemical, and landmine systems, the recent policy changes weaken its overall conflict divestment policy. Oversight of defense-related investment opportunities is delegated to internal risk and sustainability offices. Furthermore, AllianzGI and ACP reported 0.7% and 0.1% respectively of investments in companies involved in violations of UN Global Compact principles or OECD Guidelines, indicating gaps in UN Guiding Principles alignment.

Planet-Friendly Business

Allianz targets net-zero operational emissions by 2030

and net-zero across its investments and P&C underwriting portfolios by 2050 . The 2050 target includes intermediate goals for 2030: a 50% reduction in proprietary investments' absolute emissions , a 45% reduction in P&C Commercial Insurance emission intensity , and a 30% reduction in Retail Motor Insurance carbon emissions . Allianz has joined the Science Based Targets initiative to develop targets aligned with a 1.5°C pathway , and aims for all global framework vendors to commit to net-zero GHG emissions by 2025 . The company published the industry's first fully CSRD-compliant Annual Report , indicating TCFD alignment. Proprietary investment emissions were cut by 50.7% from 2019 , and operational emissions per employee reduced by 61.5% from 2019 . P&C Commercial Insurance emissions decreased by 11.7% since 2022 , and Motor retail insurance emissions by 6.8% since 2022 . Allianz plans €20 billion additional investment in climate and cleantech solutions by 2030 and partners with organizations like Sea Shepherd , which collected 274 km of nylon fishing lines , 9 km of ghost nets , 13.7 tons of driftnets , and 39 tons of illegal fishing gear .

Respect for Cultures & Communities

Allianz Partners in Australia achieved a 92.6% completion rate for modern slavery training among its 488 employees in 2022.

This training is part of annual compliance training for all employees across the Allianz Technology SE Group. Allianz invested in the Rimba Raya project in Borneo, Indonesia, in August 2013, to protect 64,000 hectares of tropical jungle and the habitat of local communities. The Allianz Group provides a grievance mechanism available to external stakeholders for reporting human rights violations. Allianz Australia has developed a Reconciliation Action Plan and engaged with Indigenous engagement consultancy Winangali and First Nations communications consultancy Iscariot Media.

Safe & Smart Tech

Allianz Life, a subsidiary, experienced a data breach on July 16 affecting 1,497,036 individuals, with names, addresses, dates of birth, and Social Security numbers stolen from a third-party CRM system.

Allianz Life is providing two years of free identity theft restoration and credit monitoring services. Allianz has a global Responsible AI (RAI) Governance with eight overarching principles, an AI Trust Officer at Group and local levels, and a Group Data and AI Trust Advisory Board (DAITAB) that advises the Board of Management. It aligns with the EU AI Act, joined the AI Pact in November 2024, and conducts Privacy and Ethics Impact Assessments (PEIA) for AI systems. Every employee undergoes annual security training, and the company upskills its workforce with an AI Literacy framework. Local AI Trust Officers monitor AI risks and conduct RAI-assessments. Allianz monitors AI systems in production, integrates user feedback, commits to avoiding discrimination, and mitigates potential bias in both data and models. Allianz's Privacy Notice complies with CCPA, and it proactively aligns with the EU AI Act.

Zero Waste & Sustainable Products

Allianz demonstrates multiple waste reduction initiatives with measurable results. Its partnership with Evoque Group diverted 3.3 million kg of waste from landfill in 2024.

Allianz Engineering Inspection Services reduced plastic waste by approximately 1.8 tonnes per year by using new tags with 81% less plastic. Through its collaboration with Sea Shepherd Global, Allianz has supported the removal of over 710 tons of plastic waste and the installation of more than 12 trash boom systems since 2022. The company also designed a fully sustainable exhibition stand in 2022, ensuring zero waste for the event. Allianz promotes a repair-rather-than-replace approach in its claims process, offers 'Recycle My Tyres' in Singapore, and is integral to the Accident Repair Industry Environmental Standard (ARIES) in the UK. Additionally, Allianz Trade launched Surety Green2Green, a product with a circular funding model where premiums are reinvested in certified green bonds. For its supply chain, Allianz Insurance introduced a sustainable procurement charter, applying a minimum weighting of 10% to ESG factors in future tenders, which aims to encourage suppliers to reduce waste and recycle.