Allianz investing in companies with sustainable business practices

Movers of Sustainability. (From Left) Arnold Grant Belver, EnP, Senior Science Research Specialist, Policy Research and Development Division, Climate Change Commission; Benjamin Yong, Regional Channel Sales Manager, Allianz Global Investors Singapore; Rosalina de Guzman, Chief of Climate Data Section, Philippine Atmospheric, Geophysical and Astronomical Services Administration; Antonito Miguel Ramos, EnP, Innovation Manager/Urban Planner, Palafox; Allianz PNB Life Chief Marketing Officer Gae Martinez; PNB Branch Banking Group Head for Metro Manila Edilberto Ramos; (From Allianz PNB Life) Chief Distribution Officer Chris Cabognason; National Sales Head Carol Bernas; and Digital Brand Management Director Kenneth Yu.

In its drive to be a fully-sustainable company by 2050, Allianz PNB Life keeps a strong focus on investing in companies with sustainable business practices that deliver long-term value via its Peso-Hedged Global Sustainability Equity Fund.

The equity fund was promoted during the company’s recent Sustainability Forum, where speakers from different industries talked about climate change and the environment and how individuals, companies, and governments can help address its various concerns.

The Peso-Hedged Global Sustainability Equity Fund gives its holders the opportunity to invest in global equity markets of developed countries. It prioritizes investments in companies with sustainable practices, and its hedging component minimizes the risk of exchange rate movements, adding further protection for investors.

The equity fund is in line with Allianz’s Sustainable Investing, which incorporates Environmental, Social, and Governance (ESG) factors into investment decisions to better manage risks and generate sustainable, long-term results. It came about as traditional financial analysis has been found to be inadequate to cope with hidden risks and failed to capture opportunities.

Globally, Allianz has been declared the world’s most sustainable insurer for three years running by the Dow Jones Sustainability Index.

In the Philippines, it has launched a number of sustainability projects that include its support of the Lucio Tan Group’s Project Canopy, which involves the reforestation of the Cordilleras, and the launch of e-Sakay, electronic jeepneys that ply the Makati and Mandaluyong routes.

Benjamin Yong, Allianz Global Investors SG Regional Channel Sales Manager, discussed the environmental factors that go into Allianz’s Sustainable Investing, which covers companies’ carbon footprint, water usage, waste management, and pollution mitigation.

Guest speakers from other sectors likewise presented insights, research, and solutions on various sustainability-related topics.

Arnold Grant S. Belver, EnP, Senior Science Research Specialist of the Policy Research and Development Division of the Climate Change Commission, talked about “Resilience – How Families Should Prepare for Climate Change.”

Antonito Miguel R. Ramos, EnP, a Licensed Urban Planner and Innovation Manager for

Palafox as well as a member of the Philippine Institute of Environmental Planners (PIEP), spoke about “Adaptation – Making Resilient Cities and Families.”

Rosalina de Guzman, Chief of the Climate Data Section of the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) discussed how people can cope during an environmental crisis through her talk, “Bracing Ourselves for the Inevitable Effects of Climate Change – Water Crisis, Calamities, Power Interruption, and Food Supply Shortage.”

About Allianz in Asia
Asia is one of the core growth regions for Allianz, characterized by a rich diversity of cultures, languages and customs. Allianz has been present in the region since 1910, when it first provided fire and marine insurance in the coastal cities of China. Today, Allianz is active in 14 markets in the region, offering its core businesses of property and casualty insurance, life, protection and health solutions, as well as asset management. With its more than 32,000 staff, Allianz serves the needs of over 18 million customers in the region across multiple distribution channels and digital platforms. 

About Allianz
The Allianz Group is one of the world’s leading insurers and asset managers with more than 92 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 673 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage more than 1.4 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2018, over 142,000 employees in more than 80 countries achieved total revenues of 131 billion euros and an operating profit of 11.5 billion euros for the group. These assessments are, as always, subject to the disclaimer provided below. 

Cautionary note regarding forward-looking statements
The statements contained herein may include prospects, statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such forward-looking statements.

Such deviations may arise due to, without limitation, (i) changes of the general economic conditions and competitive situation, particularly in the Allianz Group’s core business and core markets, (ii) performance of financial markets (particularly market volatility, liquidity and credit events), (iii) frequency and severity of insured loss events, including from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the EUR/USD  exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions, including related integration issues, and reorganization measures, and (xi) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences. 

No duty to update
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