Asset management

The Talanx Group’s ambition is to achieve net zero emissions in its investment portfolio by 2050.

The strategic focus in the investment portfolio is on phasing out financing for particularly environmentally harmful business models, enforced by Group-wide exclusions. This includes exclusions of companies that generate revenues from coal power generation or thermal coal extraction, as well as from oil and tar sands or shale gas and oil. Additionally, there should be no investments in companies involved in new oil and gas drilling projects in the Arctic ("Greenfield Arctic Drilling").

Starting in 2025, there will be a systematic reduction in exposures along the entire value chain for the oil and gas sector.

Furthermore, the Group has committed to the Principles for Sustainable Investment (PRI) and the principles of the UN Global Compact, and has instituted an exclusion for controversial weapons.

This is an abridged description of our exclusions; the full description can be found in the sustainability statement.

In its investments, the Talanx Group has set a reduction target for the greenhouse gas intensity of its global liquid investment portfolio consisting of corporate bonds, including covered bonds, and equities. The Group aims to reduce its revenue-based GHG intensity by 55% by 2030 compared to the base year 2019.

To support the net zero ambition in its investment portfolio, the Talanx Group focuses not only on reducing the GHG intensity of the investment portfolio but also increasingly invests in capital assets that combat climate change. This includes, in particular, investments in sustainable infrastructure projects. The infrastructure portfolio includes equity and debt investments in wind farms, solar farms, power grids, and sustainable transport infrastructure.

Further information on the exclusions, objectives, and investments can be found in the sustainability statement.