{"id":13756,"date":"2023-09-07T13:51:20","date_gmt":"2023-09-07T13:51:20","guid":{"rendered":"https:\/\/www.esgtoday.com\/?p=13756"},"modified":"2023-09-07T13:51:22","modified_gmt":"2023-09-07T13:51:22","slug":"allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030","status":"publish","type":"post","link":"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/","title":{"rendered":"Allianz to Invest Over $20 Billion in Climate & Cleantech Solutions by 2030"},"content":{"rendered":"\n
\n <\/div>\n\n\n\n

Leading insurance and investment group Allianz announced today a series of new climate-focused commitments and targets, including a goal to invest \u20ac20 billion (USD$21 billion) in climate and cleantech solutions by 2030.<\/p>\n\n\n\n

The new goals were released with the publication of Allianz\u2019s first comprehensive net-zero transition plan, outlining the company\u2019s strategy to achieve its climate goals. Allian has committed to achieving net-zero emissions by 2050 in its proprietary investment and P&C underwriting portfolios, and by 2030 in its own operations<\/a>.<\/p>\n\n\n\n

Allianz\u2019s net zero plan comes shortly after the company\u2019s decision alongside several other major insurers to exit the Net Zero Insurance Alliance (NZIA)<\/a>, amid anti-ESG political pressure in the U.S. At the time, Allianz, who was a founding member and Chair of the NZIA<\/a>, reiterated its 2030 and 2050 net zero goals, and committed to continuing its contributions to the acceleration of decarbonization and ensuring a fair sustainable transition. The company remains a member of the Net-Zero Asset Owner Alliance.<\/p>\n\n\n\n

In addition to its new investment goal, Allianz also announced a commitment to achieve 150% profitable growth in revenues from renewable energy and low-carbon technology solutions in its commercial insurance segment by 2030, noting that it is already a leading insurer of solar photovoltaic and wind farms, and adding that it also aims to expand its coverage to emerging hydrogen technologies.<\/p>\n\n\n\n

The company also introduced targets to reduce carbon emissions by 30% for its retail motor segment, and achieve an emission intensity reduction of 45% in its commercial insurance segment by 2030, as well as a pledge to strengthen its net zero-focused engagement with customers and investee companies.<\/p>\n\n\n\n

Allianz CEO Oliver B\u00e4te said:<\/p>\n\n\n\n

\n

\u201cWith extreme weather events, this summer has reinforced the urgency to act on climate change. Governments, businesses and individuals must work together to build resilience and limit global warming to 1.5\u00b0C. Therefore, at Allianz, we are committed to delivering on our own net-zero targets, as well as partnering with our clients and investee companies in their transition. We believe our intermediate targets will help us realize our growth potential and contribute to a healthier, more secure future for everyone.\u201d<\/p>\n<\/blockquote>\n\n\n\n

Click here<\/a> to access the Allianz transition plan.<\/p><\/span>","protected":false},"excerpt":{"rendered":"

Leading insurance and investment group Allianz announced today a series of new climate-focused commitments and targets, including a goal to invest \u20ac20 billion (USD$21 billion) in climate and cleantech solutions by 2030. The new goals were released with the publication of Allianz\u2019s first comprehensive net-zero transition plan, outlining the company\u2019s strategy to achieve its climate […]<\/p>\n","protected":false},"author":2,"featured_media":13757,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[6,2,30],"tags":[],"acf":[],"yoast_head":"\nAllianz to Invest Over $20 Billion in Climate & Cleantech Solutions by 2030 - ESG Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Allianz to Invest Over $20 Billion in Climate & Cleantech Solutions by 2030 - ESG Today\" \/>\n<meta property=\"og:description\" content=\"Leading insurance and investment group Allianz announced today a series of new climate-focused commitments and targets, including a goal to invest \u20ac20 billion (USD$21 billion) in climate and cleantech solutions by 2030. The new goals were released with the publication of Allianz\u2019s first comprehensive net-zero transition plan, outlining the company\u2019s strategy to achieve its climate […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/\" \/>\n<meta property=\"og:site_name\" content=\"ESG Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ESGToday\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-07T13:51:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-07T13:51:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/09\/Allianz.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1106\" \/>\n\t<meta property=\"og:image:height\" content=\"603\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mark Segal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:site\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark Segal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/\"},\"author\":{\"name\":\"Mark Segal\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/cca7a2b05e3a06d096e5740fb1433a01\"},\"headline\":\"Allianz to Invest Over $20 Billion in Climate & Cleantech Solutions by 2030\",\"datePublished\":\"2023-09-07T13:51:20+00:00\",\"dateModified\":\"2023-09-07T13:51:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/\"},\"wordCount\":370,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.esgtoday.com\/#organization\"},\"articleSection\":[\"Companies\",\"Investors\",\"Sustainable Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/\",\"url\":\"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/\",\"name\":\"Allianz to Invest Over $20 Billion in Climate & Cleantech Solutions by 2030 - ESG Today\",\"isPartOf\":{\"@id\":\"https:\/\/www.esgtoday.com\/#website\"},\"datePublished\":\"2023-09-07T13:51:20+00:00\",\"dateModified\":\"2023-09-07T13:51:22+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.esgtoday.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Allianz to Invest Over $20 Billion in Climate & Cleantech Solutions by 2030\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.esgtoday.com\/#website\",\"url\":\"https:\/\/www.esgtoday.com\/\",\"name\":\"ESG Today\",\"description\":\"ESG investing news, analysis, research and information\",\"publisher\":{\"@id\":\"https:\/\/www.esgtoday.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.esgtoday.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.esgtoday.com\/#organization\",\"name\":\"ESG Today\",\"url\":\"https:\/\/www.esgtoday.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png\",\"contentUrl\":\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png\",\"width\":618,\"height\":350,\"caption\":\"ESG Today\"},\"image\":{\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ESGToday\/\",\"https:\/\/twitter.com\/EsgToday\",\"https:\/\/www.linkedin.com\/company\/esg-today\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/cca7a2b05e3a06d096e5740fb1433a01\",\"name\":\"Mark Segal\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/68fbfd7923e36d210feb00a7621096af?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/68fbfd7923e36d210feb00a7621096af?s=96&d=mm&r=g\",\"caption\":\"Mark Segal\"},\"description\":\"Mark founded ESG Today following a 20 year career in investment management and research. Prior to founding ESG Today, Mark worked at Delaney Capital Management (DCM) in Toronto, Canada, most recently as the firm\u2019s head of U.S. equities. While at DCM, Mark was part of the firm\u2019s ESG team, responsible for evaluating and tracking the sustainability factors impacting portfolio companies, and assessing the suitability of companies for portfolio inclusion. Mark also spent several years in the sell-side research industry, covering the technology and services sectors. Mark holds an MBA from Columbia University in New York, a BBA from the Schulich School of Business at York University in Toronto, and is a CFA charterholder.\",\"url\":\"https:\/\/www.esgtoday.com\/author\/mo-segal9\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Allianz to Invest Over $20 Billion in Climate & Cleantech Solutions by 2030 - ESG Today","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/","og_locale":"en_US","og_type":"article","og_title":"Allianz to Invest Over $20 Billion in Climate & Cleantech Solutions by 2030 - ESG Today","og_description":"Leading insurance and investment group Allianz announced today a series of new climate-focused commitments and targets, including a goal to invest \u20ac20 billion (USD$21 billion) in climate and cleantech solutions by 2030. The new goals were released with the publication of Allianz\u2019s first comprehensive net-zero transition plan, outlining the company\u2019s strategy to achieve its climate […]","og_url":"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/","og_site_name":"ESG Today","article_publisher":"https:\/\/www.facebook.com\/ESGToday\/","article_published_time":"2023-09-07T13:51:20+00:00","article_modified_time":"2023-09-07T13:51:22+00:00","og_image":[{"width":1106,"height":603,"url":"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/09\/Allianz.jpg","type":"image\/jpeg"}],"author":"Mark Segal","twitter_card":"summary_large_image","twitter_creator":"@EsgToday","twitter_site":"@EsgToday","twitter_misc":{"Written by":"Mark Segal","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/#article","isPartOf":{"@id":"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/"},"author":{"name":"Mark Segal","@id":"https:\/\/www.esgtoday.com\/#\/schema\/person\/cca7a2b05e3a06d096e5740fb1433a01"},"headline":"Allianz to Invest Over $20 Billion in Climate & Cleantech Solutions by 2030","datePublished":"2023-09-07T13:51:20+00:00","dateModified":"2023-09-07T13:51:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/"},"wordCount":370,"commentCount":0,"publisher":{"@id":"https:\/\/www.esgtoday.com\/#organization"},"articleSection":["Companies","Investors","Sustainable Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/","url":"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/","name":"Allianz to Invest Over $20 Billion in Climate & Cleantech Solutions by 2030 - ESG Today","isPartOf":{"@id":"https:\/\/www.esgtoday.com\/#website"},"datePublished":"2023-09-07T13:51:20+00:00","dateModified":"2023-09-07T13:51:22+00:00","breadcrumb":{"@id":"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.esgtoday.com\/allianz-to-invest-over-20-billion-in-climate-cleantech-solutions-by-2030\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.esgtoday.com\/"},{"@type":"ListItem","position":2,"name":"Allianz to Invest Over $20 Billion in Climate & Cleantech Solutions by 2030"}]},{"@type":"WebSite","@id":"https:\/\/www.esgtoday.com\/#website","url":"https:\/\/www.esgtoday.com\/","name":"ESG Today","description":"ESG investing news, analysis, research and information","publisher":{"@id":"https:\/\/www.esgtoday.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.esgtoday.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.esgtoday.com\/#organization","name":"ESG Today","url":"https:\/\/www.esgtoday.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png","contentUrl":"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png","width":618,"height":350,"caption":"ESG Today"},"image":{"@id":"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ESGToday\/","https:\/\/twitter.com\/EsgToday","https:\/\/www.linkedin.com\/company\/esg-today\/"]},{"@type":"Person","@id":"https:\/\/www.esgtoday.com\/#\/schema\/person\/cca7a2b05e3a06d096e5740fb1433a01","name":"Mark Segal","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.esgtoday.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/68fbfd7923e36d210feb00a7621096af?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/68fbfd7923e36d210feb00a7621096af?s=96&d=mm&r=g","caption":"Mark Segal"},"description":"Mark founded ESG Today following a 20 year career in investment management and research. Prior to founding ESG Today, Mark worked at Delaney Capital Management (DCM) in Toronto, Canada, most recently as the firm\u2019s head of U.S. equities. While at DCM, Mark was part of the firm\u2019s ESG team, responsible for evaluating and tracking the sustainability factors impacting portfolio companies, and assessing the suitability of companies for portfolio inclusion. Mark also spent several years in the sell-side research industry, covering the technology and services sectors. Mark holds an MBA from Columbia University in New York, a BBA from the Schulich School of Business at York University in Toronto, and is a CFA charterholder.","url":"https:\/\/www.esgtoday.com\/author\/mo-segal9\/"}]}},"builder_content":"","_links":{"self":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/posts\/13756"}],"collection":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/comments?post=13756"}],"version-history":[{"count":0,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/posts\/13756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/media\/13757"}],"wp:attachment":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/media?parent=13756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/categories?post=13756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/tags?post=13756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}