01 Introduction and strategy 02 Measuring and managing sustainability 03 Climate change related disclosure 04 Strengthening our foundation 05 Our universal principles Table ESG-3 ESG referrals and assessments: sensitive business areas 1 As of December 31 2022 2021 2020 Proceed Proceed with mitigation Do not proceed Total Proceed Proceed with mitigation Do not proceed Total Proceed Proceed with mitigation Do not proceed Total Agriculture, fisheries and forestry 13 11 0 24 23 11 1 35 24 15 0 39 Animal testing 1 0 0 1 1 0 0 1 1 0 0 1 Animal welfare 6 0 0 6 3 0 1 4 0 0 0 0 Betting and gambling 6 0 0 6 4 1 0 5 2 1 0 3 Clinical trials 13 2 0 15 39 5 0 44 16 5 0 21 Defense 18 21 2 41 42 17 7 66 20 16 2 38 Human rights 12 24 6 42 13 20 13 46 15 14 3 32 Hydro-electric power 5 8 0 13 10 12 1 23 10 7 1 18 Infrastructure 82 30 2 114 97 18 17 132 42 20 12 74 Mining 21 24 2 47 26 26 9 61 21 34 12 67 Nuclear energy 7 0 0 7 8 1 0 9 9 6 0 15 Oil and gas 23 61 12 96 48 53 13 114 23 41 6 70 Sex industry 0 0 0 0 1 0 0 1 1 0 0 1 Procurement transactions 611 1 0 612 521 3 1 525 101 0 0 101 Other sustainability and reputational issues 325 36 10 371 331 35 15 381 76 31 10 117 Total 1,143 218 34 1,395 1,167 202 78 1,447 361 190 46 597 02.1 Sustainability in insurance Table ESG-4 Revenues from sustainable solutions 2 , 4 As of December 31 2022 2021 2020 Sustainable Insurance Solutions € mn 845.7 799.2 698.5 Insurance solutions with a sustainability component € mn 437.1 416.4 367.6 Total € mn 1,282.9 1,215.6 1,066.1 Table ESG-5 Number of sustainable solutions 3 , 5 As of December 31 2022 2021 2020 Sustainable Insurance Solutions # 76 83 89 Insurance solutions with a sustainability component # 27 35 35 Total # 103 118 124 1 Referral data includes referrals from insurance, investments and procurement. 2 Our current data collection process does not allow for a complete tracking of revenue data. Revenues are included subject to data availability. 3 Our current data collection process does not allow for a complete tracking of the number of sustainable solutions. Number of solutions data is included subject to data availability. 4 Sustainable solutions for Life products are excluded since this year, due to evolving regulation. Prior year figures have been restated accordingly. 5 Sustainable solutions for Life and Asset Management are excluded due to evolving regulation. Prior year figures have been restated accordingly. Allianz Group Sustainability Report 2022 28
Sustainability Report 2022 | Allianz Page 28 Page 30