Allianz expands climate strategy to align with 2°C target (IPE)

Allianz has announced an expanded climate strategy phasing out all proprietary investments in coal-based business by 2040 and divesting from a wider range of companies that fail to cut their greenhouse gas emissions to a level in line with a low-carbon economy.

The insurer also announced it would halt all insurance coverage of coal-based business by that time.



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