Sustainability Report 2021 01.4 Our social approach 01 Introduction 01.4.1 Our ambition • With our Corporate Citizenship Strategy, we help Our employees Civil society and non-governmental next generations to overcome economic and Delivering our purpose starts with our employees organizations (NGOs) 01.1 Message from the CEO Our social approach is based on the belief that social impacts; and we support in crisis situations who are part of our diverse and global workforce. 01.2 Company description and strategy business can only thrive as part of an equitable like the pandemic and the Ukraine humanitarian Together with civil society and NGOs, we are 01.3 Our sustainability approach society. Under our purpose ‘We secure your future’ situation. For the Ukraine humanitarian crisis This diverse workforce enables us to understand shaping change for good. Allianz brings its 01.4 Our social approach we aim to contribute by being the trusted partner Allianz committed to donate € 10 million and and fulfill the needs of our equally diverse commercial expertise and global scale to the 01.5 Our climate approach for protecting and growing our stakeholders’ most is committed to match employees’ and tied customer base. We take a strong stance regarding table and listens to the interests of civil society 01.6 Our sustainability valuable assets. agents’ donations up to € 2.5 million. employee engagement, diversity and inclusion and NGOs. We aim to be a trusted partner by integration approach With an added focus on SDG 8 – Decent and gender equality. We focus on managing talent, committing to jointly working on solutions. 01.7 2021 Reporting highlights work and economic growth – we integrate • By the date that this report is published, rewarding personal achievements and promoting To find out more about our engagement social considerations into our organization, Allianz confirms that we are neither insuring employee rights. The health, safety and well-being with stakeholders, please see section 05.3. 02 Measuring and our business areas, and our corporate citizenship new business nor making new investments on as well as the training and development of our managing sustainability behalf of its own investment portfolio in Russia employees is of utmost importance. Governments, regulators activities. We do this through our own initiatives or Belarus. Our operating entities are no longer For more details, please see section 02.4 and 03 Strengthening and – in line with our commitment to SDG 17, underwriting new insurance business in Russia, the Allianz People Factbook 2021. and policymakers our foundation Partnerships for the goals – through active and are decisively reducing exposure in an Allianz is committed to being a good corporate participation in various partnerships from global orderly manner. Our customers citizen, responsible taxpayer, and a trusted partner. 04 Climate-related U.N.-backed initiatives to collaborations with We strive to be in ongoing and constructive financial disclosure regional NGOs and local charities. 01.4.2 Our commitment to For customers, we aim to shape a better tomorrow exchange with policymakers and politicians With our global footprint, we have an opportunity together, under our purpose. We care about our with the goal to contribute to viable solutions 05 Our universal principles to create positive impact through the way we run human rights customers’ hopes and fears, providing security in for societal, environmental and economic issues. our organization and by using our expertise as an Respect for human rights is a minimum requirement the ups and downs of life, and particularly in crisis We particularly share our expertise as a leading investor, insurer and asset manager. We contribute for responsible business within and beyond our situations like the pandemic. We aim to deliver financial services provider, in areas like insurance, to our stakeholders and societies in different ways: direct operations. For Allianz, human rights are quality in a fair, simple and sustainable way, investment, and finance. relevant in our different roles – as an insurer, investor, listening to our customers to continually improve. • We distributed economic value of € 104 billion asset manager, employer and in the supply chain. To find out more on our approach to customer For more details, please see section 03.4. to our stakeholders, for example through satisfaction, please see section 02.5. To find out more about our approach to being claims payments, wages, and taxes. As a signatory of the United Nations Global a responsible taxpayer, please see section Through these payments, we are making a Compact (UNGC), Allianz has committed itself to Our investors 03.5 and the Tax Transparency Report 2021. meaningful contribution to the economic and upholding human rights. social development of the countries in which For more details, please see section 05.5 and We set important short- and long-term sustainability we operate. our UNGC Communication on Progress. targets and at the same time ensure their 01.4.4 Our Corporate • We developed our Diversity and Inclusion reasonable balance with our financial objectives. Citizenship Strategy strategy to cover gender, generations, LGBTQ+, We disclose our quantitative and qualitative nationalities, and disabilities. 01.4.3 Our commitments and sustainability performance to the market and are Next to our commitments to address the social contributions to our stakeholders open and transparent about our sustainability matters of our stakeholder groups, we have • Through our products and solutions, we can approach with our investors. a dedicated ‘Corporate Citizenship Strategy’, enable access to financial services which take Our social approach is an integral part of our To find out more, please see our Analyst which we renewed in 2021. It explicitly focuses on sustainability into consideration. core business, guided by our purpose ‘We secure Presentation 2021 as well as our Group the next generations and people with disabilities, your future’. To deliver on our strategic promises of Annual Report 2021. and it is grounded in our company purpose carefully balancing across our stakeholders and ‘We Secure Your Future’ and our commitment to shaping strong resilience in a transforming world, SDG 8 – Decent work and economic growth. we focus on contributing to all stakeholders. For more details, please see section 03.1. 09