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
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.
We 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 sustainability 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 sustainability in our day-to-day business, from underwriting to new solutions.
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.
We have fully integrated 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
- We have integrated sustainability into business decisions and processes, and strengthen sustainability governance
- We have produced a Sustainable Solutions framework to serve our clients and brokers
- We 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
- We lead the sustainability agenda in our industry
Given our size and presence in global markets, the partnerships we’ve engaged in, the support we provide to companies in times of volatile market dynamics, we are a key player in leading the transition to a Net Zero economy.
We have been awarded a Gold Medal by EcoVadis!
After evaluating our sustainability actions and ambitions through 21 criteria, EcoVadis has awarded us a Gold Medal: this result places us among the top 5% companies assessed in the past 12 months! With an overall score of 81/100, we rank in the top 2% of all companies assessed globally, showcasing our strong and ongoing commitment to sustainability.
EcoVadis states that our main strengths lie in our advanced management systems for environmental, ethical, and carbon-related matters. In 2024, we made significant progress in advancing our sustainability agenda. We achieved a substantial reduction in greenhouse gas emissions per employee, cutting them by 60%, while also reducing energy consumption per employee by 78%. We established dedicated teams in Germany, Italy and Northern Europe to promote sustainability principles and drive the implementation of the company’s sustainability roadmap at local scale. We also steered the decarbonization of our portfolio by integrating sustainability in risk assessment and commercial underwriting processes. Eventually, we created value for corporates through sustainable insurance solutions, with the launch of Surety Green2Green.
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.
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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.