1 Sustainability / Group DNA

In the DNA of the Allianz Group: Protection to Society (G4-EC2)

Commitment to sustainable development supports the growth of the Allianz Group in the long term, and this idea is widely disseminated throughout the company. Proof of this is that the word "sustainability" is no longer a simple concept to become its operating model. The largest insurance company in the world in general insurance is a leader in its segment in the Dow Jones Sustainability Index of the New York Stock Exchange, of which it has been a part since 2000, and is cited as one of the pioneers in the Carbon Disclosure Project, in addition to being a member of Transparency International and supporting the principles of the United Nations Global Compact and of the Organisation for Economic Co-operation and Development (OECD) Guidelines for Multinational Companies through its Code of Conduct.

Given the nature of its business, Allianz helps customers manage risks and find solutions to the challenges they face. In most cases, they are challenges related to large global trends - environmental and demographic changes, globalization and development, safety and health. The secret is to apply successful local actions on a global scale.

The global sustainability guidelines of the Allianz Group have two centers of competence as pillars: Allianz4Good, responsible for promoting and supporting social and environmental responsibility and integration of sustainability in all business areas; and the ESG Office (Environmental, Social and Governance), which ensures compliance with the company's values. The Allianz Group believes that, to face environmental challenges, long-term strategies need to be redesigned. An example of these actions is the Allianz Climate Solutions (ACS), established in 2007. The center offers consulting and advisory services on financing renewable energy projects to external clients and their business units around the world. It is also responsible for designing climate-related strategies and supports the development of green products.

The Group also strives to reduce generation of waste and carbon dioxide emissions resulting from its operations. The goal to reduce these amounts by one-third by 2015 in all countries in which it is present was exceeded. The amount, which in 2006 was 3.75 tons per employee, fell to 2.12 tons in 2015, representing a reduction of 43.3%. In trips, there was a significant increase of air travel by the company worldwide. Incentive to reduce energy consumption has also been constant in the Group worldwide. In 2010, each employee used 24.42 megajoules. In 2015, the goal to reduce this amount by 10% was established. However, expectations were exceeded, with consumption of 18.15 MJ, representing a 25.7% reduction.

2 Sustainability / In Brazil

In Brazil, Sustainability Starts at Home

In Brazil, Allianz also assigns to sustainability a major role. The company continuously invests in reducing consumption of natural resources through awareness campaigns and changes in its infrastructure. The building of the company's headquarters, in São Paulo, SP, has a Silver certification in Leadership in Energy and Environmental Design (LEED), awarded to buildings that follow international sustainability standards for having multiple eco-efficient devices, such as those that allow for water reuse. This concern to occupy more eco-efficient spaces began in 2010, with planning of the offices in Porto Alegre, RS, Ribeirão Preto, SP, and São José do Rio Preto SP.