Our comprehensive sustainability strategy and actions shape a resilient future. Allianz is proud to announce its renewed inclusion in the prestigious Dow Jones Sustainability Index (DJSI) for 2024, a testament to its commitment to sustainable action. This recognition underscores Allianz’s long-term efforts to drive change and create a positive social and environmental impact globally.
In the 2024 S&P Global Corporate Sustainability Assessment (CSA), on which the DJSI is based, Allianz achieved a commendable score of 89 out of 100 (as of 3 December 2024), reflecting our comprehensive efforts and progress. This achievement places us among the topmost sustainable insurers globally.
Emilia Macarie, Chief Sustainability Officer of Allianz Group, underlines the importance of this validation: “The CSA score and the DJSI membership are a testament to all the work we have been doing across all our functions and lines of business in this past year and encourage us to continuously refine our strategies and identify areas for improvement.
As a global financial institution, we are aware of our responsibility to both our investors, customers, and employees. Sustainability is essential to our long-term business success and, most importantly, is critical to our collective future. Investing in and supporting the transition to net-zero economies protects our balance sheet and allows us to grow, innovate, and stay relevant while positively contributing to the resilience of the communities we operate in.”
Our strategy integrates sustainability into our decisions no matter the area, drives growth through our sustainable solutions frameworks, climate action with science-based emissions reduction targets, and promotes positive social impact through partnerships, employee engagement, and community support.
In the Philippines, community investment is a core focus of Allianz PNB Life, especially through initiatives that promote financial literacy and well-being. Key programs in 2024 include a partnership with Scholars of Sustenance Food Rescue PH to combat hunger and reduce the environmental impact of food waste. Through the partnership, a total of 732,280kg of food was rescued from going to waste, prevented 441,111kg of Co2 carbon emission from being released into the environment, and delivered 732,280 meals across 115 communities. In the Financial Literacy space, the collaboration with the Moran Foundation boosted financial literacy via Futsal among 480 students and 120 teachers and coaches.
Looking ahead to 2025, Allianz PNB Life plans to deepen further its community engagement to advance its mission of fostering a sustainable future. “Our efforts in the Philippines reflect our commitment to achieving social goals that positively impact communities while reinforcing our role as a sustainable insurance provider,” said Joseph Gross, President and CEO of Allianz PNB Life. “As we secure our customers’ futures, we remain focused on building stronger communities. In 2025, we aim to expand our initiatives in financial literacy, environmental protection, and overall well-being. This will include further collaboration with our Allianz brand ambassador Alyssa Valdez and her advocacy for children’s health through sports and Scholars of Sustenance Food Rescue PH to reduce food waste and its environmental impact. Additionally, we aim to encourage greater employee volunteerism as well.”
Accountability for our sustainability efforts is maintained through a comprehensive governance structure, regular progress reviews, and reporting that is not just transparent, building trust for our investors, customers, employees, and regulators, but of the highest quality as ascertained by our auditors. Milestones such as our intermediate 2030 and 2050 net-zero targets guide our initiatives, with performance linked to Board and employee incentives.
“This high ranking among the topmost sustainable insurers not only recognizes our achievements and the amazing group of people throughout the entire organization whose work made this possible but inspires us to continue advancing our business and social goals,” adds Emilia.
