Allianz Group has taken the leading position among all rated insurance companies in the latest Dow Jones Sustainability Index (DJSI).
The DJSI ranks companies according to environmental, social and governance (ESG) criteria, assessing their sustainability strategy and performance. Since its inception in 1999, Allianz has been one of the index’s most sustainable insurers.
Allianz Australia Diversity and Sustainability Manager Charis Martin-Ross said she was pleased with the initiatives being undertaken by the group to integrate ESG principles into the business.
“To be named as the industry leader in the DJSI is excellent external recognition of the continuous progress Allianz has made globally in integrating sustainability into the business,” Martin-Ross said.
In Australia, Allianz has undertaken a series of sustainability initiatives that have reduced its greenhouse gas emissions by about 50% over the past decade.
“Sustainability at Allianz Australia is more than just an environmental agenda; it also encompasses social inclusion and safety initiatives such as providing employment to refugees, using technology to improve workplace safety and supporting organisations like the Australian Paralympic Committee,” Martin-Ross said.
“Sustainability is an increasingly important issue for our stakeholders – our current and future employees want to work at a company that has tangible sustainability outcomes, while our customers want to know they are doing business with a company that is about more than the bottom line.”
Allianz publishes its group-wide ESG integration approach to provide ratings agencies, non-governmental organisations and other experts with a detailed overview of its ESG integration processes and guidelines.
“Sustainability rankings such as the DJSI are important tools for Allianz to provide stakeholders with transparency about the strategies and performance of corporate responsibility,” Martin-Ross said.
Allianz Media Team // email@example.com
About the Dow Jones Sustainability Index
What is the DJSI?
The DJSI is one of the world’s most recognized sustainability ratings. The DJSI is prepared based on the RobecoSAM Corporate Sustainability Assessment (CSA). The CSA assesses a company based on its public disclosures and transparency of its sustainability approach, as well as internal and confidential data provided directly by the company.
What kind of information is considered in the Corporate Sustainability Assessment?
The CSA considers a wide range of economic, environmental and social topics, such as for example human resources programs, executive compensation, tax policies, shareholder rights, compliance and anti-corruption programs, environmental management and performance, corporate social engagement, customer satisfaction, and many other dimensions.
Who is involved in responding to the DJSI?
More than 20 experts from various functions across Allianz (Group Risk, Group Taxation, Group Legal, Group Compliance, Group Human Resources, Group Investor Relations, Group Digital Transformation, Environmental Management, Operational Health and Safety, Group Communications and Corporate Responsibility, and Allianz Climate Solutions amongst others) work together to prepare the Allianz response.