Our use of cookies

We use necessary cookies to make our site work. We’d also like to set optional analytics cookies to help us improve it. We won’t set optional cookies unless you enable them. Using this tool will set a cookie on your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookie policy

Necessary cookies

Necessary cookies enable core functionality such as security, network management, compliance and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytics cookies

We’d like to set Google Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone.


Allianz Group: Setting a baseline for insurance-associated emissions

Allianz Group’s Inaugural Net-Zero Transition Plan included emission reduction targets for both its commercial and personal motor lines of business. For insurers, the scope 3 emissions associated with their insurance policies is typically where their environmental impact is most significant.

Establishing an emissions baseline is a necessary step for Allianz in working towards its 2050 net zero goal. The baseline helps Allianz to understand the emissions of its existing portfolios and establishes a reference point from which to chart a pathway to net zero emissions.

This case study sets out how Allianz developed an internal methodology to set its emissions baseline, building upon the PCAF Standard. It includes the steps the group took, including upskilling the team, outlines its next steps and offers some top tips from the finance team.

This case study is a companion piece to our Insurance-Associated Emissions Top Tips.


Insurance-associated Emissions Top Tips

A4S has developed top tips, tailored to finance teams. The guidance aims to help re/insurers get started on calculating an emissions baseline, and can be used as a resource as re/insurers develop their approach over time.

Our work on Net Zero

At A4S, we work with finance teams, accounting professionals and capital markets to create guidance and generate action to help achieve a net zero economy; to prevent a worsening climate crisis, mitigate risks and seize the opportunities in the energy transition.


Stay up to date with all the latest news at A4S. Our monthly newsletter includes the latest guides, reports, stories and thought pieces from finance leaders from across the globe.

Accounting for Sustainability is a Charitable Incorporated Organization, registered charity number 1195467. Accounting for Sustainability is part of the King Charles III Charitable Fund Group of Charities.
Registered Office: 9 Appold Street, 8th Floor, London, EC2A 2AP