For over a century, Allianz Trade has been helping businesses stay informed, act quickly and grow securely in more than 50 markets. Today, we are the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit, and political risk, so we play a central role in international trade. As an insurer and global trade enabler, we are uniquely positioned to help companies and the overall economy grow in a more sustainable way.
Our Sustainability Vision
We aim to act for impact
Allianz Trade is deeply committed to its role in the Net Zero transition. It’s our responsibility to act and to advocate for our industry’s transition. We will achieve this by leading by example in our own operations, by integrating ESG in our decisions, processes and governance, by supporting our customers in decarbonizing their transactions and business models, and by providing them with sustainable insurance solutions.
Fostering sustainability in our industry is part of our continued promise – to give confidence in a better tomorrow.
First, because we believe that companies that operate sustainably develop their resilience.
Second, because as an insurer, we have the ability to detect new vulnerabilities and new ESG risk factors that could affect our clients across their value chains.
Third, as a global trade enabler, we support the economy’s transition to Net Zero by 2050 within a 1.5 °C trajectory by integrating ESG in our day-to-day business, from underwriting to new solutions.
EcoVadis Silver Medal For Excellent Sustainable Action
Updated July 2024
We have been awarded a Silver Medal by EcoVadis!
After evaluating our sustainability actions and ambitions through 21 criteria, EcoVadis has awarded us a Silver Medal: this result places us among the top 15% companies assessed in the past 12 months!
In more details, EcoVadis states that Allianz Trade has succeeded in demonstrating:
- An advanced management system for environmental issues
- An advanced management system for ethics issues
- An advanced carbon management system
Our sustainability transition is underway and accelerating. We are proud that our efforts have been recognized by such a credible and expert third party. But we also know that we can go even further: we aim to be Net-Zero by 2050 as well as to support the sustainability transition of companies and of the overall economy.
Putting sustainability at the heart of our business and operations
We have implemented an overarching strategy, central to our business and aligned with the approach of our parent company, Allianz SE.
Fully integrating sustainability in our global strategy, business, and day-to day operations through a five-point roadmap
- We have planned a greenhouse gas emission reduction of -65% as an ambitious interim 2030 target
- Integrate ESG into business decisions and processes, and strengthen sustainability governance
- Produce a Sustainable Solutions framework to serve our clients and brokers
- Steer the decarbonization of our portfolio by integrating sustainability in our risk assessment and commercial underwriting processes, and by supporting the development of renewable energies and low-carbon technologies
- Lead the sustainability agenda in our industry
Prioritizing UN Sustainable Development Goals: SDG 8, 13 and 17
We support the Allianz Group’s alignment with the UN Sustainable Development Goals.
- Given our size and presence in global markets, we are a key player in leading the transition to a Net Zero economy, contributing to the UN SDG 13 — Climate Action.
- At Allianz Trade, we support economies and companies in times of volatile market dynamics by securing their payments and helping them avoid bad debt. Thereby, we directly contribute to UN SDG 8 – Decent Work and Economic Growth.
- Engaging in partnerships, from CSR actions to skills transfer, is a cornerstone of Allianz Trade’s ESG approach and the third focus of the Allianz Group’s sustainability strategy for UN SDG 17 - Partnerships for the Goals.
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Florence Lecoutre, Member of the Board of Management:
“Climate change, and society’s response, is revealing new dynamics, new regulation, new risks and new standards, and every company has to rise to the challenge. They are impacting our role as insurer, employer and corporate citizen.
With our plan, we want to create more virtuous cycles and foster more sustainable growth.
We are dedicating all our energy and efforts towards our sustainability targets and contributing to the spread of a sustainability-focused mindset in the financial services sector. We are aware of our responsibility towards our employees, society, and our clients, and we combine it with our people, passion, and commitment to helping companies grow securely.”
Our Sustainability Roadmap
We are integrating sustainability in our global strategy, business, and day-to day operations through a roadmap with concrete and measurable objectives.