Sustainability Report 2021 03.1 Corporate citizenship 01 Introduction 03.1.5 Employee volunteering ‘Our company offers enough opportunities for it will provide resources for local partnerships and donations me to environmentally and socially support the that focus on SDG 8. The fund is our key program 02 Measuring and community that we operate in’ as an indicator which supports strategic opportunities to deliver managing sustainability Allianz’s workforce has around 150,000 of employee satisfaction around volunteering. social impact beyond charitable donations by employees globally and local social impact In 2021 we scored 76 % (2020: 78 %). focusing on creating measurable impact through 03 Strengthening programs, employee volunteering and intersectoral partnerships. our foundation initiatives run together with operating entities 03.1.6 Embedding our global to 03.1 Corporate citizenship and our twelve Allianz-affiliated foundations local approach 03.1.7 Being a good 03.2 Cybersecurity contribute to our global impact. While some neighbor and a responsible 03.3 Regulatory and public affairs of the in-person volunteering activities and Global Sustainability is responsible for developing corporate citizen 03.4 Compliance programs were able to take place in 2021, our strategic approach and providing guidance 03.5 Tax transparency due to the ongoing pandemic, many of the to operating entities that are responsible for In addition to our forward-looking Corporate 03.6 Sustainable procurement onsite volunteering had to be cancelled or local delivery. Citizenship Strategy, we want to step up and postponed. Our combined contributions totaled Within our entities, Corporate Citizenship Leads support our communities where we live and work 1 mn); and 73 thousand 04 Climate-related € 28.2 million (2020: € 43.5 are responsible for locally embedding the global during times of need. This means aligning our financial disclosure hours (2020: 57 thousand hours) in corporate approach. In November 2021, we published a new activities with local priorities and leveraging the volunteering. In 2020 our contribution in terms of Social Impact Guidance for Corporate Citizenship expertise, resources, and assets of our operating 05 Our universal principles donations and volunteering hours was influenced Activities for local entities. It is designed to build entities to support communities – for example, by the COVID-19 pandemic, especially with a consistent understanding of social impact, contributing to the emergency response and the need for additional donations as well as a strategically channel resources towards the rebuilding communities following natural reduction in volunteering opportunities due to SDGs, monitoring of outcomes and encourage disasters and providing donations and employee lockdown measures. In 2021, these contributions collaboration and best practice sharing. In 2021 volunteering during the pandemic and the are returning towards pre-COVID levels. We use we launched a Social Impact Fund to replace humanitarian crisis in Ukraine. the Allianz Engagement Survey question: the previous Social Innovation Fund. From 2022, Table CC-1 Corporate charitable donations As of December 31 2021 2020 2019 1 1 Corporate Giving total (cash contributions) € mn 28.2 43.5 21.5 1 Basis of calculation changed in 2021 – data from 2019 and 2020 have been adjusted to the same basis. 58