AI Content Chat (Beta) logo

01 Introduction and strategy 02 Measuring and managing sustainability 03 Climate change related disclosure 04 Strengthening our foundation 05 Our universal principles 02.7 Corporate citizenship We are deeply aware that our actions have the potential to influence the future living conditions and well-being of next generations and that our decisions play an integral part in determining this future. Our social impact stems from the effect our global organization has on the well- being of the community – from global society to local communities where we live and work. Allianz is committed to having a positive social impact and helping to deliver the U.N. SDGs – for more information see sections 01.4 and 05.6. This ambition is shaped by our company purpose, defined by our group-wide business strategy and brought to life through our employees and the local efforts of our operating entities. As part of our social approach, our Corporate Citizenship Strategy ensures we fully deliver our responsibility towards society. 02.7.1 Corporate citizenship focusing on next generations and people with disabilities Our Corporate Citizenship Strategy focuses on two pillars: SDG 8 and next generations/people with disabilities. Focus on SDG 8 Our strategy prioritizes SDG 8, Decent Work and Economic Growth. We center our corporate citizenship activities around three sub-targets of SDG 8. The overall goal of SDG 8 is to “promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all.” Target 8.5 – Achieving full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value. Target 8.6 – Substantially reduce the proportion of youth not in employment, education, or training. Target 8.10 – Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance, and financial services for all. Our actions to deliver SDG 8 are closely linked with SDG 13, Climate action and SDG 17, Partnerships for the goals. Read more about our corporate citizenship strategy on our website. Our aim is to support the next generations and people with disabilities to overcome the economic and social impacts of the pandemic and other systematic social risks. Today’s children and youth are the leaders, employees, customers and investors of tomorr ow. They can face barriers to inclusion in a world beset by inequality and the impacts of, for example, climate change. We believe that education and physical activity are key enablers for the ne xt generations and people with disabilities to overcome barriers and develop the skills and resilience needed to prepare for decent work and financial security. Allianz puts a high focus on education and employability. For its so cial and health benefits, physical activity and sport is also prioritized. 02.7.2 Activities for next generations and people with disabilities MoveNow Allianz launched the MoveNow program in 2022, with the aim to get the Next Generations back into physical and mental activities after the pandemic. According to a survey conducted by Appinio on behalf of Allianz, two and a half years after the initial COVID 19 outbreak, 39 percent of children and 54 percent of adolescents surveyed have struggled to find their way back into an active routine. For MoveNow Allianz has teamed up with the International Olympic Committee (IOC) and the International Paralympic Committee (IPC) to strengthen the role of sport and create a healthier environment for young people and people with disabilities globally. In addition to sports, the MoveNow program also co vers educational elements. The series promotes accessible sport and educational elements, both in physical camps and in digital formats. Allianz Group Sustainability Report 2022 85

Sustainability Report 2022 | Allianz - Page 86 Sustainability Report 2022 | Allianz Page 85 Page 87