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ALIZF Allianz Ag Muenchen Namen (PK)

286.64
0.22 (0.08%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Allianz Ag Muenchen Namen (PK) USOTC:ALIZF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.22 0.08% 286.64 278.60 297.75 286.64 286.64 286.64 336 21:05:29

Zurich Insurance Commits to Zero-Emission Investments by 2050

24/09/2019 10:21am

Dow Jones News


Allianz Ag Muenchen Namen (PK) (USOTC:ALIZF)
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   By Cristina Roca 
 

Zurich Insurance Group AG (ZURN.EB) said Tuesday that it has committed to a zero-emission investment portfolio by 2050 by joining the United Nations' Net-Zero Asset Owner Alliance.

The Swiss insurance company is one of the founding members of the alliance, which was launched yesterday along with Allianz SE (ALV.XE), Swiss Re AG (SREN.EB) and others.

Zurich Insurance said it was stepping up its efforts to accelerate a climate change transition. Its analysis shows business actions still aren't doing enough to keep the global average temperature from rising less than 2 degrees Celsius above pre-industrial levels, it said.

Zurich also said it is seeing growing demand among its business customers for risk-management tools measuring the impact of climate change, and that it will launch a new climate risk advisory service during its next strategic cycle.

 

Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca

 

(END) Dow Jones Newswires

September 24, 2019 05:06 ET (09:06 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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