Company Directory - Allianz Life Insurance Company of North America
Company Details - Allianz Life Insurance Company of North America
Allianz Life Insurance Company of North America
WebsiteGolden Valley, United States
Allianz Life is a financial services company that offers a range of insurance and investment products, including annuities, life insurance, and retirement planning solutions.
CCI Score
CCI Score: Allianz Life Insurance Company of North America
12.24
Latest Event
Allianz Political Influence Profile Revealed
The OpenSecrets profile on Allianz outlines $532,146 in political contributions and $2,440,000 in lobbying expenditures for the 2024 cycle, along with a notable revolving door dynamic where a majority of lobbyists have previously held government positions. This data raises concerns about corporate influence over public policy and potential conflicts of interest.
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SABOTEUR
Allianz Life Insurance Company of North America is currently rated as a Saboteur.
Latest Events
- FEB192025
The OpenSecrets profile on Allianz outlines $532,146 in political contributions and $2,440,000 in lobbying expenditures for the 2024 cycle, along with a notable revolving door dynamic where a majority of lobbyists have previously held government positions. This data raises concerns about corporate influence over public policy and potential conflicts of interest.
-60
Political Contributions and Lobbying Efforts
March 29
Allianz's reported lobbying expenditure and political contributions indicate significant engagement in political influence activities. The large sums involved and the revolving door phenomenon suggest potential undue influence over policy-making, aligning with authoritarian-leaning corporate practices.
-60
Executive Political Engagement
March 29
The revolving door aspect, with 7 out of 9 lobbyists in 2023 and 6 out of 8 in 2024 having previously held government positions, underscores a pattern of executive political engagement that can blur the lines between public service and corporate lobbying, raising concerns about democratic accountability.
- FEB192025
The OpenSecrets profile for Allianz Life Insurance Company of North America highlights the company's federal lobbying activities during the 2023 cycle, indicating the use of multiple lobbying firms to influence policy. The data, downloaded on February 19, 2025, reflects ongoing engagement with the political process.
-30
Political Contributions and Lobbying Efforts
March 29
The company’s active engagement in federal lobbying as shown on OpenSecrets raises concerns about its influence on shaping policy in favor of corporate interests. From an anti-fascist perspective, such political contributions and lobbying efforts can contribute to undue corporate influence over democratic processes and thereby indirectly support authoritarian practices.
- FEB062025
OpenSecrets data indicates that Allianz made $532,146 in political contributions and spent $2,440,000 on lobbying during the 2024 election cycle. The profile also highlights a significant revolving door phenomenon, with 7 out of 9 lobbyists in 2023 and 6 out of 8 in 2024 having previously held government positions.
-50
Executive Political Engagement
March 29
The revolving door aspect, with a majority of Allianz lobbyists having prior government roles, raises concerns about conflicts of interest and the erosion of democratic accountability, contributing to a concentration of power that may support authoritarian practices.
-40
Political Contributions and Lobbying Efforts
March 29
The reported political contributions of $532,146 and lobbying expenditures of $2,440,000 suggest that Allianz is actively engaging in political spending. From an anti-authoritarian perspective, such significant financial influence can be seen as contributing to the entrenchment of oligarchic power and potentially undermining democratic processes.
- DEC312023
Allianz Life Insurance Company of North America spent $2,320,000 on lobbying in 2023, as reported by OpenSecrets. This spending raises concerns regarding corporate influence in political policymaking.
-20
Political Contributions and Lobbying Efforts
March 29
Allianz's expenditure of $2.32M on lobbying activities in 2023 is indicative of efforts to influence political decision-making processes. From an anti-fascist perspective, this level of corporate influence can potentially undermine democratic accountability and elevate undue power in policy arenas.
- OCT012023
Allianz detailed its commitment to upholding human rights across its operations and supply chain, guided by international standards such as the OECD Guidelines and the U.N. Guiding Principles on Business and Human Rights. The company has implemented due diligence measures, a complaints mechanism accessible to employees and affected parties, and risk management processes to address potential human rights impacts.
+60
Labor Relations and Human Rights Practices
March 29
Allianz's comprehensive human rights due diligence, including a global complaints mechanism and integration of human rights risks into business operations, reflects strong ethical labor practices and protection of workers' rights. These actions align with progressive, anti-fascist principles by supporting marginalized groups and ensuring corporate accountability.
+60
Supply Chain Ethics
March 29
The company emphasizes strong ethical oversight in its supply chain by integrating human rights risk management practices and ensuring that suppliers adhere to robust human rights standards. This proactive approach supports marginalized communities and counters exploitative practices.
- MAR132023
Allianz Life was recognized by Ethisphere for the fourth consecutive year as one of the 2023 World's Most Ethical Companies, underscoring its commitment to an ethical workplace culture, integrity in business practices, and proactive internal initiatives like the 'Leader’s Conversation Guide – Integrity in Action'.
+80
Business Practices and Ethical Responsibility
March 29
The recognition as one of the World's Most Ethical Companies highlights Allianz Life's robust commitment to ethical business practices, integrity, and strong governance. This positive acknowledgment reinforces anti-authoritarian values and supports a workplace culture that resists exploitative practices while fostering transparency and accountability.
Allianz Life Named as One of the 2023 Most Ethical Companies
- OCT182021
Allianz announced a sustainable procurement charter designed to encourage its suppliers to embed ESG practices into their operations, including environmental protection, fair labor practices, and community engagement. The charter mandates a minimum weighting of 10% to ESG factors in future tender assessments and provides guidance and education to suppliers on sustainability.
+80
Supply Chain Ethics
March 29
Allianz's launch of a sustainable procurement charter is a proactive measure aligned with ethical and sustainable business practices. By requiring suppliers to adopt environmental, social, and governance standards, the company is promoting transparency in its supply chain, reducing its carbon footprint, and supporting fair labor practices. This step represents a commitment to responsible business practices, which from an anti-fascist perspective supports community welfare and worker rights.
- OCT182021
Allianz Life Insurance Company of North America announced a sustainable procurement charter that mandates a minimum 10% weighting to ESG factors during supplier tender assessments, prioritising suppliers that demonstrate sustainable and ethical practices.
+60
Supply Chain Ethics
March 29
The sustainable procurement charter, which gives ESG factors a concrete role in supplier selection, reinforces Allianz's commitment to ethical business practices and sustainable supply chain management. This initiative helps reduce environmental and social risks by promoting responsible sourcing.
Allianz launches sustainable procurement charter for suppliers
- JAN012021
In 2021, Allianz collaborated with a third-party consulting company to conduct a Human Rights Impact Assessment based on UNGP methodology and subsequently published its Human Rights Approach within the Allianz Group ESG Integration Framework, demonstrating its commitment to integrating human rights into its core business practices.
+70
Labor Relations and Human Rights Practices
March 29
By undertaking a Human Rights Impact Assessment and publishing a dedicated Human Rights Approach as part of its ESG framework, Allianz has taken proactive steps to integrate human rights considerations into its business practices. This move supports fair labor practices and the protection of marginalized communities, aligning with anti-authoritarian and progressive values.
Response by Allianz - Business & Human Rights Resource Centre
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