Together with the German Federal Ministry for Economic Cooperation and Development, we are involved in the Alliance for Climate Protection, a broad social alliance of companies, associations and municipalities, for the implementation of Agenda 2030 and the Paris Climate Treaty, and support climate protection projects in emerging and developing countries.
With the Paris Accord, the international community has agreed to limit global warming to well below 2°C (target 1.5°C) compared with pre-industrial levels. The climate target is to be achieved in international cooperation through national climate contributions. However, the climate contributions announced by the international community to date are by no means sufficient to achieve this goal. At present, they amount to a temperature increase of 3 to 4°C.
In order to achieve the common goal and keep the temperature rise as low as possible, increased commitment and immediate action by all is therefore required. In addition to avoidance and reduction, the compensation of CO2 plays a very important role.
Allianz relies on the potential of voluntary commitment and the leverage of CO2 offsetting projects in developing and emerging countries.
We are involved and take our share of responsibility by recording all CO2 emissions of our company and the entire product range and offsetting them through a recognized climate protection project.