This company profile is not publicly available
Founded as Manufacturers Mutual Insurance (MMI) in 1914. Acquired by Allianz in 1998 and rebranded Allianz Australia in 2000.
|Allianz Australia Ltd||AUS||website|
| Allianz SE
owns 100% of Allianz Australia Ltd
|Allianz Australia Ltd|
In 2017 this company received the Australian Human Rights Commission Business Award. Through a partnership with Settlement Services International, Allianz established an innovative Sustainable Employment Program aimed at building a diverse and inclusive workforce; creating employment opportunities and support for refugees and migrants.
[Source 2017][More on Human Rights]
According to the democracyforsale.net website, this company donated $726,091 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
[Source 2018][More on Politics]
This company is listed by the Workplace Gender Equality Agency (WGEA) as a Employer of Choice for Gender Equality citation holder. The citation is designed to encourage, recognise and promote active commitment to achieving gender equality in Australian workplaces.
[Source 2019][More on Workers Rights]
Between 2015 and 2018 this company paid $462 million tax on a total income of $12.7 billion, earning the number 33 spot on Michael West's Top 40 Tax Payers 2020. West calculated which of Australia's largest companies have paid the most tax using three years of tax transparency data published by the Australian Tax Office.
[Source 2018][More on Finance]
ShareAction's 2018 report rates the world's 80 largest insurers on their approach to climate-related risks and opportunities. Based on their management of material climate risk, insurers are rated from AAA if they show climate leadership, to D if their approach is limited. The lowest X rating is given to those showing no evidence of addressing climate issues. This company received a AA rating.
[Source 2018][More on Climate Change]
This company received an S&P Global ESG Score of 88/100 in the Insurance category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
[Source 2019][More on Sustainability Reporting]
The 2017 update to the report entitled "Worldwide Investments in Cluster Munitions: a Shared Responsibility" identifies 166 banks and other financial institutions with financial links to cluster munitions producers. This bank is listed in the report's Hall of Shame for having investments in one or more of the 6 cluster munitions producers named in the report between 1 June 2013 to 17 March 2017.
[Source 2017][More on Military]
The 2018 update of the International Campaign to Abolish Nuclear Weapons' (ICAN) global report, "Don't Bank on the Bomb" showed that 329 financial institutions from around the world invested into 20 companies involved in the production, maintenance and modernization of nuclear weapons. Since 2014 this financial institution invested over US$1 billion into 10 of the 20 nuclear weapons producers named in the report.
[Source 2018][More on Nuclear]
The Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soy, beef, leather, timber and paper). This financial institution received a score of 28%.
[Source 2019][More on Forests]
This company received a score of 44.8/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
[Source 2017][More on Sustainability Reporting]
This company appears on the 2020 Bloomberg Gender-Equality Index, signifying a commitment to supporting gender equality through policy development, representation, and transparency.
[Source 2020][More on Human Rights]
This company is a signatory to the Principles for Sustainable Insurance (PSI), a global framework for the insurance industry to address environmental, social and governance risks and opportunities. PSI is an initiative of the United Nations.
[Source 2018][More on Multi-Stakeholder Initiatives]
The Unfriend Coal campaign by a group of NGOs has ranked the world's leading insurance companies on underwriting coal projects, coal divestment, and other climate action. Allianz scored thumbs down for coal underwriting, middle rating for coal divestment and thumbs up for other climate leadership.
[Source 2018][More on Climate Change]
In 2019, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of C.
[Source 2019][More on Climate Change]
This company is listed on the Facing Finance website as a financial institution which invests in companies that manufacture weapons or profit from violations of human rights, pollution, corruption, or international law. Follow link for further details.
BankTrack is a global network of civil society organisations and individuals tracking the operations of the banking sector and the activities they finance. BankTrack aims to promote fundamental changes in the banking sector so that banks adopt just and sustainable business practices. Follow the link to see this bank's profile.
|Company Structure||Wholly-owned subsidiary|
|# Employees||4,300 in 2017|
|Address||2 Market St, Sydney, NSW, 2001, Australia|