Allianz Malaysia Berhad is a leading life insurance company in Malaysia that has been providing a range of insurance products and services to its customers for more than 100 years. The company is a subsidiary of Allianz SE, a global financial services provider that operates in over 70 countries worldwide.

Allianz Malaysia Berhad is committed to sustainability and has taken steps to reduce its carbon footprint by implementing various decarbonisation initiatives. The company recognizes the importance of reducing greenhouse gas emissions and has set ambitious targets to achieve carbon neutrality by 2050.

One of the key initiatives undertaken by Allianz Malaysia Berhad is the implementation of a corporate energy strategy that focuses on reducing energy consumption and increasing the use of renewable energy sources. The company has invested in energy-efficient technologies and has implemented energy management systems to monitor and control energy usage across its operations.

Allianz Malaysia Berhad has also entered into corporate power purchase agreements (PPAs) with renewable energy providers to source a significant portion of its energy requirements from renewable sources. By doing so, the company is able to reduce its reliance on fossil fuels and support the growth of the renewable energy sector in Malaysia.

In addition to reducing its own carbon footprint, Allianz Malaysia Berhad is also committed to supporting its customers in their efforts to reduce their environmental impact. The company offers a range of insurance products and services that promote sustainability, including green home insurance and electric vehicle insurance.

Allianz Malaysia Berhad has also taken steps to engage with its stakeholders on sustainability issues. The company has established a sustainability committee that oversees the implementation of its sustainability strategy and engages with stakeholders on sustainability-related matters.

Overall, Allianz Malaysia Berhad is a leader in the Malaysian insurance sector when it comes to sustainability. The company has implemented a range of decarbonisation initiatives, including the use of renewable energy sources and corporate PPAs, and is committed to achieving carbon neutrality by 2050. Allianz Malaysia Berhad's focus on sustainability not only benefits the environment but also supports the company's long-term business objectives by reducing costs and enhancing its reputation as a responsible corporate citizen.