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Allianz holds Sustainability Week to help employees reduce environmental footprint

Press release   •   Jul 03, 2020 14:00 BST

Allianz Insurance has been holding a series of virtual activities and events for employees to mark Sustainability Week and provide them with resources to make their home greener and reduce Allianz’s environmental footprint.

The theme of the week isReduce, Reuse, Recycle - Virtually’ and the programme of activities includes challenges, competitions and interactive events designed to help employees become more sustainable.

The activities kicked off with a ‘Digital Declutter’ challenge where employees were given advice on how to review their current digital footprint and make changes to reduce energy consumption by changing to more sustainable digital practices.

Throughout the week Allianz has also been running awareness campaigns about reducing food waste and improving home recycling. Employees across the UK were encouraged to make a sustainable pledge to help the environment at home, ranging from recycling to buying from local businesses.

Allianz also created resources which people can use to teach and encourage the whole family to get involved with sustainability at home and start conversations about sustainability with friends and family.

Carolyn Rich, head of brand management and social responsibility, Allianz Insurance, said:

“Globally Allianz is at the forefront of the fight against climate change. Sustainability is a priority for us all year round and we’re continually looking at our UK offices and business practices to minimise our environmental footprint.

“It’s been fantastic to see how passionate and engaged our employees are during Allianz’s Sustainability Week and have some really positive conversations about changes we can all make. With 97% of our workforce currently working from home, it is really important to us that we reduce our environmental impact even when we are not in the office.”

She added: “If every adult in the UK sent one less email we would conserve more than 16,000 tons of CO2 per year, so through our Digital Declutter challenge, we really wanted get our people thinking about practical changes they can make which will make a real difference to their digital environmental footprint.”

The Allianz Group is the number one insurer in the Dow Jones Sustainability Index and has been carbon neutral since 2012 and is committed to sourcing 100% of its global electricity needs from renewable sources by 2023. In 2018 Allianz announced it would be withdrawing from insuring coal-fired power plants or individual coal mines as part of a drive towards a low carbon economy and the Group are founder members of the UN backed Net-Zero Asset Owner Alliance.

ENDS

About Allianz Insurance

Allianz Insurance plc is one of the largest general insurers in the UK and part of the Allianz Group.


About Allianz

The Allianz Group is one of the world's leading insurers and asset managers with more than 100 million retail and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 740 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage almost 1.6 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2019, over 147,000 employees achieved total revenues of 142 billion euros and an operating profit of 11.9 billion euros for the group.

These assessments are, as always, subject to the disclaimer provided below.

Cautionary note regarding forward-looking statements

This document includes forward-looking statements, such as prospects or expectations, that are based on management's current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements. Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz Group's core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates, most notably the EUR/USD exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions including and related integration issues and reorganization measures, and (xi) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.

No duty to update The Allianz Group assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law.

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