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 Roadmap
At Allianz Trade, we are deeply committed to our role in the Net Zero transition. As an insurer and global trade enabler, we are uniquely positioned to help companies and the overall economy grow in a more sustainable way, in line with the approach of our parent company, Allianz SE. As such, we have established strategic pillars to advance the concrete and measurable objectives of our Sustainability roadmap.
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Leading by example in our operations
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Business decisions and governance
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Decarbonization pathways
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Sustainable solutions
We want to lead by example in our operations
By the end of 2025, we aim to source 100% of electricity from renewables for our own buildings, to reduce greenhouse gas emissions (GHG) per employee by 50%, to reduce travel GHG by 40%, and to have 100% of our global framework of vendors having committed to Net Zero.
By 2030, we aim to reduce our own GHG emissions by -65%, to switch our corporate car fleet to full electric, and reduce our emission intensity in commercial insurance.
By 2050, we aim to be Net Zero GHG in our proprietary investment and insurance portfolio.
Environmental impact is not our only focus – we also work on social aspects such as inclusion and equal opportunities, and human rights.
- Gender equity: 55% of our employees, 44% of our managers are women, and we are globally EDGE certified.
- Inclusion: 80+ nationalities working in more than 40 countries
- CSR: over 90 charities and NGOs supported globally through donations, volunteering, and insurance support
“Our Sustainability roadmap is based on objective and measurable criteria, according to which we can track our progress and see where there is room for growth. I am proud to share that as of 2024, we are sourcing 100% of our electricity from renewable sources1, and we are on track to cut 50% of our GHG emissions/employee by the end of 20252 from our own operations. We have been awarded a Silver Medal by EcoVadis, hold EDGE certification and Great Place to Work certification in 6 countries, and are continuously working with credible third parties to assess our sustainability performance.” – Piril Kadibesegil Yasar, Head of Sustainability, Allianz Trade
1 - Where in buildings renewable energy resources are not available for direct consumption, offset is done through Energy Attribute Certificates in calculation for 100% reach. 2022 EACs account less than 20% attribution
2 - baseline 2019
We integrate sustainability at all stages of our organization
We want to integrate sustainability fully into our core business and decision-making processes, building on the foundations of the Allianz Group’s Sustainability Integration Framework.
We empower employees around the world to be informed and act with year-round sustainability trainings and volunteering opportunities.
We have integrated sustainability criteria in:
- our country risk analysis
- our commercial underwriting processes
- our investment decisions
“Over the past few years we have built a strong Sustainability governance, including a Group Sustainability Office that defines and applies our Net-Zero roadmap and strategy, a Board Member dedicated to Sustainability matters, and a cross-functional Global Sustainability Committee. We have recently launched two Sustainability local squads, in Germany and in the UK, and will launch several others in the months to come. With this we have created a network of stakeholders, each bringing their own expertise and enriching our approach.” – Piril Kadibesegil Yasar, Head of Sustainability, Allianz Trade.
We work towards having an active role in decarbonization pathways
We want to steer the decarbonization of our portfolio by integrating sustainability in risk assessment and commercial underwriting processes.
- Together with our partners we are working to measure the environmental footprint of our clients.
- We want to build sector pathways and estimate our carbon budgets sector by sector in order to guide our commercial risk appetite.
We are investing in data management and sustainability knowledge to reinforce our resilience and better serve our customers in their transition.
We are investigating further channels of support and development businesses involved in the transition, such as in low carbon and renewable energy.
“We are fully aligned with the Allianz Group’s ambitions in tackling climate change with strong commitments. As such, we have integrated the Allianz Group’s Sustainability Integration Framework in our underwriting processes. For instance, we have stopped providing coverage related to the operation of mines where coal is extracted and to dedicated oil sands projects, among others. Since January 2023, we have continuously tightened our stance regarding oil & gas projects, with additional measures taken in January 2025.”– Piril Kadibesegil Yasar, Head of Sustainability, Allianz Trade.
We support the rise of low-carbon technologies through sustainable insurance solutions
We are committed to developing a sustainable solutions framework: assess, transform and label our products to enhance our offer.
We support and encourage our clients in their transition to Net Zero through our proper coverage approach for Renewable Energy and Low Carbon projects.
We have launched two pioneer and innovative solutions aimed at powering the future of low-carbon technologies and renewables.
- Surety Green2Green, through which we enable our clients to engage in low-carbon technologies and renewables projects via the issuance of surety bonds and guarantees securing their proper completion.
- Specialty Credit Green2Green, through which we protect businesses willing to engage in such projects against non-payment and political risks thanks to trade credit insurance.
To take one step further and fuel the transition of the overall economy, hold the amount of premiums received through Green2Green transactions as investments in certified green bonds1. This way, we create a circular model that supports long-term progress towards Net Zero.
We are also partnering with organizations aiming to foster sustainable development in both environmental and social matters (such as the World Bank and Save the Children) by providing them with specialty credit solutions.
1 - Bonds consistent with Green Bond Principles from ICMA (International Capital Markets Association) or any other green investments framework depending on the evolving regulation over time.
“We have already integrated sustainability criteria into our country risk analysis, commercial underwriting processes, and investment decisions. We are working to do the same in our credit risk assessment to strengthen risk management and product development.” – Piril Kadibesegil Yasar, Head of Sustainability, Allianz Trade.
Our Sustainability Vision
As an insurer and global trade enabler, Allianz Trade is uniquely positioned to help companies and the overall economy grow in a more sustainable way.