Company Directory - Allianz Group
Company Details - Allianz Group
Allianz Group
Allianz Group is a global insurance and financial services provider operating under the umbrella of Allianz SE.
CCI Score
CCI Score: Allianz Group
17.06
-0.01%
Latest Event
Palestine Action Occupies Allianz Offices in Protest over Arms Trade
On March 10, 2025, activist group Palestine Action occupied and defaced Allianz's commercial offices in London to protest the insurer's role in underwriting Israeli arms manufacturers. The protest highlights allegations that Allianz's financial services indirectly support military actions with significant ethical and human rights implications.
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SABOTEUR
Allianz Group is currently rated as a Saboteur.
Latest Events
- MAR102025
On March 10, 2025, activist group Palestine Action occupied and defaced Allianz's commercial offices in London to protest the insurer's role in underwriting Israeli arms manufacturers. The protest highlights allegations that Allianz's financial services indirectly support military actions with significant ethical and human rights implications.
-50
Public and Political Behavior
March 26
Allianz has attracted significant public protest after being accused of providing insurance to companies involved in arms manufacturing for the Israeli military. The visible protest by Palestine Action at their London offices underscores growing public discontent with the company’s perceived role in fueling conflict, thereby negatively impacting its public and political behavior.
Palestine Action Storms Allianz HQ, Sparks Outrage Over Israel Arms
-65
Business Practices and Ethical Responsibility
March 26
By insuring companies that produce military equipment for the Israeli state, Allianz is seen as prioritizing profit over ethical considerations. This business practice has drawn criticism for potentially contributing to prolonged conflicts and human rights violations, reflecting poor ethical responsibility.
Palestine Action Storms Allianz HQ, Sparks Outrage Over Israel Arms
- FEB192025
Analysis of Allianz Group's political contributions, lobbying expenses, and revolving door practices as reported by OpenSecrets. The data reveals significant political influence via large lobbying spend and the hiring of former government officials, raising concerns about undue corporate influence on democratic processes.
-70
Political Contributions and Lobbying Efforts
March 26
Allianz Group has spent $2,440,000 on lobbying in 2024, a substantial sum that signals aggressive efforts to influence political decision-making. This, combined with the data showing a high prevalence of lobbyists with prior government roles, indicates a worrisome level of corporate intervention in democratic processes.
-60
Executive Political Engagement
March 26
The revolving door phenomenon is evident with 7 out of 9 lobbyists in 2023 and 6 out of 8 in 2024 having held prior government positions. This melding of public service with private lobbying roles poses risks of regulatory capture and compromised democratic accountability.
- FEB192025
In a media release, Allianz urged citizens and stakeholders to come together to counter the rising tide of ideological and affective polarization, emphasizing that unity is crucial to safeguarding democratic values and countering divisive rhetoric that can pave the way for authoritarian ideologies.
+70
Public and Political Behavior
March 26
The media release from Allianz explicitly calls for unity in the face of growing political polarization, a factor that is recognized as potentially undermining democratic discourse and contributing to authoritarian tendencies. This public communication indicates a proactive stance in promoting social cohesion and democratic resilience, earning a positive score under Public and Political Behavior.
- JAN012024
Allianz Commercial reaffirms its longstanding commitment to human rights and ethical supply chain management. By aligning its practices with international standards and adhering to legal frameworks such as the German Supply Chain Act, the company has strengthened its human rights due diligence and supplier vetting processes.
+80
Labor Relations and Human Rights Practices
March 26
Allianz has demonstrated a deep commitment to protecting labor rights by joining the UN Global Compact in 2002 and continuously aligning its operations with international human rights and labor standards. Their proactive approach in enhancing employee protections and ensuring fair labor practices reflects favorably on their ethical responsibilities.
+75
Supply Chain Ethics
March 26
The article highlights Allianz Commercial’s efforts to enhance supply chain transparency and ethical sourcing in response to global human rights concerns such as forced and child labor. The implementation of stricter vetting processes and adherence to the German Supply Chain Act indicate a commitment to mitigating risks within their supply chains.
- OCT012023
Allianz Global Investors has demonstrated a proactive approach to addressing human rights issues within supply chains by implementing a detailed engagement framework based on OECD due diligence guidance and EU Corporate Sustainability Due Diligence regulations. The framework emphasizes disclosure, risk assessment, and active engagement with companies on human rights, setting a benchmark for transparency and accountability.
+80
Supply Chain Ethics
March 26
Allianz Group, through its investment arm Allianz Global Investors, is leading an initiative focused on enhancing human rights across supply chains. The disclosed framework—grounded in OECD guidelines and EU due diligence standards—demonstrates advanced engagement with critical aspects of supply chain ethics. This proactive disclosure and benchmark-setting strategy challenges industry norms and encourages broader adoption of rigorous human rights practices, thereby opposing exploitative practices that can indirectly fuel authoritarianism.
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