“37 rules for a better world”
Allianz Leben, the life insurance arm of Allianz in Germany, is ensuring the sustainability of its investments by using a scoring system developed in cooperation with NGOs, the company announced in a press release. "We want to invest in sound, future-oriented assets. And we want to know the risks and opportunities related to sustainability that we should be aware of for individual investments," said Andreas Lindner, head investor for Allianz Leben. The ESG scoring (environment, social, governance) is based on 37 key areas such as greenhouse gas emissions, rated energy efficiency, occupational safety, data protection, corruption and money laundering, writes Allianz. Between 85 and 90 percent of the portfolio of the Allianz group will meet these criteria by the end of the first quarter 2017, writes Handelsblatt in a separate article.
Read the Allianz press release in English here and the Handelsblatt article in German here.