Allianz outlines net-zero transition plan
German insurer Allianz on Thursday outlined intermediate targets to reduce emissions as part of a plan that aims for net zero in 2050 in its proprietary investment and P&C underwriting portfolios and by 2030 within its own operations.

The intermediate targets apply to the company's Property & Casualty (P&C) insurance portfolios, which now aim for targeted carbon emission reduction of 30% for the retail motor segment, and greenhouse gas (GHG) emission intensity reduction of 45% in the commercial insurance segment, by 2030.
"We believe our intermediate targets will help us realize our growth potential and contribute to a healthier, more secure future for everyone," said Allianz CEO Oliver Baete.
Most Read News
-
Iran executes man convicted of spying for Israel
-
Medvedev warns no-fly zone above Ukraine would mean war
-
US sanctions financial network supporting Iran's militar
-
Top US Democrats slam Republican spending bill, warn of
-
Xi, Trump likely to attend Asia-Pacific Economic Coopera
-
Poland's premier blames Russia for house damage amid rep
-
2 British politicians ‘denied entry’ into Israel during
-
EU proposes sanctions on Israeli Cabinet ministers, viol
-
US House committee releases new Epstein documents
-
At least 64 Palestinians killed in fresh Israeli strikes