How Allianz Trade is Enhancing its ESG and Net Zero Targets

Sustainability is increasingly central to how global trade operates, shaping risk management, investment decisions and long-term growth strategies. 

Allianz Trade has released its Sustainability Handbook 2025, showing how it is further integrating sustainability into its activities, addressing its climate and ESG analytics.

As part of the Allianz Group, Allianz Trade is aligning its activities with net zero ambitions while supporting businesses navigating complex environmental and social challenges. 

From supply chains to AI and technology, the company demonstrates how sustainability can be embedded practically across value chains. 

Approaching sustainability and materiality 

Sustainability at Allianz Trade is embedded across governance, products and day-to-day operations. 

The company integrates ESG considerations into underwriting, investment decisions and credit risk assessments, ensuring that environmental and social risks are systematically evaluated. 

Its Sustainable Solutions framework, including initiatives like Social2Social, channels capital into projects that deliver measurable social impact such as affordable housing and essential infrastructure.

As part of Allianz SE and the broader Allianz Group, Allianz Trade aligns with global frameworks such as the UN Sustainable Development Goals and the net zero target for 2050. 

It also works closely with partners like Allianz Risk Consultancy to develop tools such as the CAReS platform, which helps businesses assess climate risks and build resilience.

“Sustainability is not just an ambition: It is a responsibility,” says Aylin Somersan Coqui, Chief Executive Officer at Allianz Trade.

“Sustainability has steadily become part of how we operate and how we support our clients and partners.”

Overall, sustainability is treated not just as a compliance requirement but as a driver of long-term value, supporting a more resilient, inclusive and low-carbon global economy.

Allianz Trade has strengthened its sustainability, governance and ESG so much that it has received a Gold Medal from EcoVadis, placing the company among the top 5% assessed in 2025.

Overall, the company has a score of 81/100, ranking it in the top 2% globally.

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Supply chain and procurement strategies

Allianz Trade highlights that sustainability considerations are now deeply embedded in supply chains and procurement decisions. 

According to its 2025 Global Survey of 4,500 companies, ESG factors are increasingly treated as critical alongside cost and efficiency, with 81% of companies stating ESG is the most important factor when choosing suppliers or production locations. 

ESG risks are also ranked among the top threats to offshore production and supply chain stability, reinforcing the need for stronger oversight and accountability across global value chains.

Internally, Allianz Trade integrates human rights and sustainability into procurement processes by requiring suppliers to adhere to the Allianz Vendor Code of Conduct and conducting due diligence aligned with regulations such as the German Supply Chain Due Diligence Act. 

The company performs risk analyses across operations and supply chains, using indicators such as labour rights and ESG scores to identify vulnerabilities. 

“From export growth, sustainability transition and supply chain resilience to investment priorities and AI adoption, the survey helped us design solutions that address companies’ most urgent needs,” says the report.

Allianz also ensures sustainable procurement practices throughout its culture.

This approach ensures that sustainability is not only a strategic priority but also operationalised in supplier selection, monitoring and engagement.

“The idea behind this plan is to turn our colleagues into sustainability ambassadors so that, ultimately, we can spread a more sustainable mindset across the entire trade finance ecosystem,” says Piril Kadibesegil Yasar, Head of Sustainability at Allianz Trade. 

“We train and empower our people to integrate sustainable thinking into all business areas, thereby creating a ripple effect that reaches our clients, brokers and partners. 

“We are convinced that this is the best way to drive meaningful change within the industry.”

Decarbonisation and energy 

Energy transition and decarbonisation are core to Allianz Trade’s sustainability strategy, both in its own operations and through client support. 

The company is committed to reducing GHG emissions and has already achieved a 65% reduction in emissions per employee compared to its 2019 baseline. 

Its operational strategy includes 100% renewable electricity usage, electrification of its vehicle fleet and energy-efficient building management systems across offices.

Beyond internal operations, Allianz Trade supports energy transition projects through solutions such as Green2Green, which provides insurance and guarantees for low-carbon technologies including renewable energy, biofuels and electric transportation. 

“Since the launch of our Green2Green offering, 98 policies have been issued across 16 countries and 3 continents,” says Piril.

“From biogas plants and solar parks to energy highways and decarbonisation projects, we cover a wide range of sectors and initiatives at global scale. 

“And with the recent launch of Social2Social Specialty Credit, we are now going beyond climate goals to include social responsibility in our sustainability commitments.”

Projects like the NeXtWind wind energy expansion in Germany, supported alongside Lazard and renewable developments by ONDE S.A. in Poland demonstrate how financial services can accelerate clean energy infrastructure.

These initiatives also reinvest premiums into certified green bonds, creating a circular model that reinforces sustainable energy investment.

Technology and AI use

Technology, particularly artificial intelligence, plays a growing role in advancing sustainability at Allianz Trade. 

Through collaboration with Allianz Trade Data Lab, AI is used to improve the detection and analysis of ESG-related risks, enabling faster and more accurate identification of vulnerabilities across companies and sectors. 

These tools allow commercial teams to focus on the most relevant sustainability insights, enhancing decision-making and risk assessment.

“In 2025, we strengthened the design of our sustainability-related insights and tools,” says  Florence Lecoutre, Group Board Member in charge of Sustainability, Data Analytics & AI, Human Resources, Compliance and Communications at Allianz Trade. 

“For instance, we equipped our analysts with enhanced sector outlooks and practical tools for more forward-looking, regulation-aware assessment of transition and physical risks. 

“This helps us provide clearer perspectives to clients and better integrate sustainability considerations into our commercial and risk activities. 

“We are accelerating the integration of sustainability into every dimension of our business. 

“Our ambition is clear: to lead with responsibility, empower our clients through change and contribute to a more resilient and equitable global economy.”

AI is also applied in tools like the ReLoC model, which uses large language models and external data to classify companies based on their involvement in low-carbon technologies. 

This supports underwriting, product innovation and regulatory reporting while improving the scalability and reliability of sustainability data. 

Additionally, partnerships with organisations such as ECOFACT enhance ESG integration in credit assessments, providing sector-specific regulatory insights that help anticipate transition risks and align business strategies with evolving sustainability requirements.