Allianz achieves 2023 renewable energy goals

Allianz Holdings has achieved its 2023 goal of powering all its UK offices using renewable sources.

In the UK, Allianz directly controls the energy supply at some properties and relies on landlords at others. Where it has direct control, offices have been functioning on 100% renewable energy for several years. Elsewhere, landlords have converted their energy supply more recently, with some of them acting on their own initiative while others did so following a collaborative process with Allianz.

Oleh Melnyk, head of procurement and property management at Allianz, said: “We take our environmental responsibility very seriously. Sourcing 100% of our electricity from renewables is part of our wider strategy to operate in a sustainable way and reduce our carbon footprint. We believe that is the best way to do business now and in future, as Allianz is changing its stance from leading the environmental, social and governance agenda to shaping it.”

When choosing offices, Allianz now opts for buildings that work on 100% renewable energy from day one, and it audits electricity supplies at existing sites to ensure they remain functioning at 100% RE. These renewable sources include solar, hydro and thermal energy, as well as biomass and wind.

Image courtesy Allianz

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