Allianz launches sustainable procurement charter
With this charter, Allianz says it aims to encourage suppliers to reduce carbon emissions, recycle waste, use renewable energy, and consider biodiversity.
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.
Partnerships
The insurer added it would also provide support and education to
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