Allianz launches sustainable procurement charter

World environment

Allianz Insurance has launched a sustainable procurement charter to encourage its suppliers to adopt and develop Environmental, Social and Governance (ESG) practices.

For future tender assessments, the commercial insurer says it will apply a minimum weighting of 10% to ESG factors.

It added that this is a way of prioritising suppliers who have embedded sustainable and ethical practices within their organisation.

The insurer added it would also provide support and education to

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