Our commitment to the WEF Stakeholder Capitalism Metrics 06.4 ESG performance data 120 06.5 Environmental performance data 123 06.6 Human resources performance data 125 06.7 Additional sustainability performance data 129 06.8 Reporting parameters, scope and materiality 130 06.9 Independent practitioner’s report on a 132 limited assurance engagement on sustainability information 03 Sustainability in our core business activities 03.1 Sustainability in insurance 27 Integrating ESG in insurance 27 Climate and renewables 28 Natural catastrophes 31 Cyber security 32 Emerging consumers 33 03.2 Sustainability in proprietary investments 35 ESG integration and engagement approach 35 Sustainability-themed investments 41 ESG in real estate investments 42 03.3 Sustainability in asset management 43 Allianz Global Investors 43 PIMCO 46 03.4 Sustainable solutions 48 Contents New in this report In line with the findings of our new materiality assessment, we have adjusted the structure of this report to focus on how Allianz governs sustainability strategically and how it is integrated across its business activities and corporate operations.