Talanx to reduce CO2 intensity in liquid investment portfolio by 30%

Written by Adam Cadle

04/05/2021

Talanx Group (Talanx) is aiming to reduce CO2 intensity in its liquid investment portfolio by 30% by 2025, it has announced.

In its sixth sustainability report, Talanx said investments in infrastructure and renewable energies are to be expanded to a volume of €5bn. It has already invested around €3.7bn in infrastructure, a good half of which is in wind power plants.

Talanx creates transparency in its investments through membership in the “Principles for Responsible Investment (PRI)” investor initiative.

It has also set itself a far-reaching goal for insurance technology and intends to phase out business models based on coal, oil and tar sands by 2038. Other fossil fuels are closely monitored and the companies in the Talanx Group adjust their underwriting policy based on risk, taking into account all relevant factors. 

Related Articles