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
-
Orthodox Jews stage protest in New York against Netanyah
-
US, Saudi forces conduct Middle East’s largest counter-d
-
Trump declares Antifa a domestic terrorist organization
-
Poland, NATO bring together around 30,000 troops in mili
-
Israeli forces push into new areas of Gaza City
-
Trump, King Charles praise 'special relationship' betwee
-
ABC yanks Jimmy Kimmel’s late-night talk show after back
-
Italy willing to ‘discuss sanctions against extremist Is
-
3 police officers killed, 2 wounded in Pennsylvania shoo
-
UK to formally recognize Palestinian state after Trump's