Sustainability Report 2021 05.1 Target and achievement tables 01 Introduction Strengthening our foundation continued Topic Targets 2021 Progress and Achievements 2021 Targets 2022 and beyond Reference 02 Measuring and Data privacy • Privacy Champions will be appointed in • Privacy Champions were appointed across Allianz Group • Deploying new data privacy controls for supplier For further insights into data privacy and managing sustainability and data ethics all business units that process personal companies and are now dedicating a portion of their time management concerning the pre-selection, data ethics, please refer to sections 03.2.1 03 Str engthening data across Allianz Group companies. to deal with privacy-related topics. contracting, ongoing monitoring, and off-boarding and 03.2.2. Also refer to our Non-Financial our foundation Privacy Champions are employees who • We developed a global privacy risk and controls ‘blueprint’ of data processors. Statement, section Social matters, p. 64–67. dedicate a portion of their time to dealing to support local compliance efforts with the APS across • Deploying a rigorous new training program for 04 Climate-r elated with privacy-related topics, including the entire Allianz Group. The blueprint provides a privacy professionals and privacy champions. financial disclosure PIAs, records of processing activities, data tool for identifying data privacy risks in local business • Rollout of the AI Practical Guidance to all incidents, and data access requests. processes and addressing those risks by mapping them to EU Renewal Agenda Committee (RACo) 05 Our universal principles standard controls. Operating Entities. 05.1 Target and achievement tables Information Define and include information security Target objectives for all OEs included key information security Further upgrade targets and risk indicator monitoring, For further insights into our information 05.2 How we report: transparent security executive targets for all responsible board members, risk indicators in addition to targets for strategic programs linking them to quantified risk exposure and roll-out security executive accountability, please refer reporting, ratings and performance accountability including local Operating Entities (OEs) to related to information security. Additionally, a mechanism of global cyber-risk management strategy. to section 03.2.3. 05.3 Materiality ensure appropriate focus on securing Allianz. was devised to ensure a direct link between information 05.4 Stakeholder engagement security standing and reward. 05.5 Sustainability governance Compliance • Complete the fifth cycle of the integrated • Roll-out of CARE program. • Complete the fifth cycle of the integrated For further insights into our compliance, 05.6 Our commitment to human rights compliance risk scoping and assessment • Completed the fourth cycle of our integrated compliance compliance risk scoping and assessment activities please refer to section 03.4. Also refer to 05.7 Our impact on the U.N. Sustainable activities as part of the company’s IRCS risk scoping and assessment activities as part of the as part of the company’s IRCS process in 2021. our Non-Financial Statement, section Development Goals process in 2021. Compliance/Anti-Corruption and Bribery 05.8 Independent practitioner’s report company’s IRCS. • Continue to enhance the effectiveness of on a limited assurance engagement • Continue to enhance the effectiveness local compliance organizations by enriching Matters, p. 70–71. on sustainability information of local compliance organizations by our compliance reviews, to bolster further enriching our compliance reviews, to the governance and processes of underlying bolster further the governance and compliance organizations across our processes of underlying compliance Operating Entities. organizations across our Operating Entities. 97