ESG Consulting

Supporting our clients in managing environmental, social and governance risks

Managing environmental, social and governance (ESG) risks can present a challenge for companies. Reputational damage as well as legal liabilities can follow. At Allianz Global Corporate & Specialty (AGCS), we'll work with you to help you identify and manage ESG risks effectively to reduce the prospect of unexpected financial and brand damage. 

Our ESG consulting and risk management services are available if your company doesn't have its own dedicated ESG resources or if you would like to partner with a market leader in an area which is fast gaining in importance globally. 

AGCS's ESG Consulting team can help you effectively identify and manage risks that may arise as a result of environmental, social and governance issues.

We'll provide you with comprehensive assessments and evaluations of your company's specific environmental, social and governance risks. We'll also assess your company's ESG performance, as well as any related policies and governance structures. Additionally, we can provide you with industry benchmarking and best practice tips, along with recommendations to address the risks identified.

Greater clarity on ESG issues can pave the way for better decision-making in your business. That's why we can also provide our clients with third party ESG due diligence, so you can gain a better understanding of your business partners, suppliers, M&A activity and investments and how they can affect your business.

 

Whatever level of service you require from us, you can look forward to:

  • a team of experts with contacts and specialist partners across the ESG landscape
  • primary qualitative and quantitative research
  • experience in developing insurance solutions tailored to your needs.
Water risks are often underestimated, disregarded or simply ignored. How can the insurance and reinsurance industry offer assistance to customers that are adopting innovative water-related projects or technologies?
AGCS and The Value Group, supported by academia, undertakes pioneering research on the relevance of ESG for industrial insurance and identifies ESG parameters which can help predict risk events.
By 2040, in a step by step process, Allianz will have phased out both its proprietary investments in coal-based business and its insurance coverage of such risks, as well as reducing the carbon footprint of its business.
Africa has huge potential for infrastructure development with new projects being crucial for economic growth. Going forward, industrial development with adequate consideration of ESG risks will be critical for the region.

Annual survey identifying business risks

Technology is breeding new threats as well as business models. Traditional risks such as natural catastrophes continue to challenge while other threats such as cyber, neck-and-neck with business interruption at the top of the Allianz Risk Barometer 2019 for the first time, reputational risk, increasing exposure to intangible assets and volatility and consolidation in the corporate environment evolve daily.

Top 3 global risks in 2019 

  1. Business interruption (37%) - 2018 rank: 1 (42%)
  2. Cyber incidents (37%) - 2018 rank: 2 (40%)
  3. Natural catastrophes (28%) - 2018 rank: 3 (30%)
Allianz operates as an international insurer on almost every continent. Find Allianz in your own country/region.
With the Allianz network AGCS provides services in over 200 countries and territories.