Allianz launches partnership with Sea Shepherd for marine protection

Allianz-launches-parternship-with-Sea-Shepherd
  • Allianz supports marine conservation organisation Sea Shepherd in comprehensive environmental and animal protection in the Mediterranean Sea
  • Partnership secures “Sea Eagle” crew’s work against plastic pollution by abandoned fishing gear and species extinction for two years
  • Allianz continues to expand sustainability activities

Allianz has committed to clean oceans and coasts, biodiversity conservation and sustainable fishing practices by partnering with the international marine conservation organization Sea Shepherd Global. The partnership is initially for two years and covers Italian coastal areas in the Mediterranean Sea. Four Allianz companies are providing the funding for the newly acquired ship "Sea Eagle" and its crew, who will be active on the disposal of illegally-left fishing nets – a problem little known to the public.

Scientists warn that sensitive marine ecosystems are severely endangered, also posing high health and economic risks for millions of people. Between five and twelve tons of plastic and 640,000 tons of fishing nets end up in the oceans every year, and two-thirds of the world's oceans are already considered overfished, according to the UN Food and Agriculture Organization. Researchers put the value added of the world’s oceans at 24 trillion US-Dollars from tourism, trade and food among other activities.

"With targeted marine protection, eighty percent of the habitat of endangered animal and plant species could be protected. Healthy oceans also play a role in absorbing harmful climate emissions. As a responsible company, we want to work with Sea Shepherd to support effective marine conservation", says Barbara Karuth-Zelle, Member of the Board of Management for Operations and IT at Allianz SE and a passionate diver.

Giacomo Campora, CEO of Allianz S.p.A., adds: "In Allianz Italy we are very active in the preservation of the environment and tackling plastic pollution in the Mediterranean Sea is a shared objective.” page 2

The U.S.-based organisation has its own fleet of ships and works closely with governments and coastal protection in Africa, Asia and increasingly Europe. Crews have been engaged in various missions to protect coral reefs, natural reservations, sea mammals and the organization has activated already hundreds of thousands of volunteers to clear beaches of trash. Captain Alex Cornelissen, Executive Director of Sea Shepherd Global explains, "Allianz and Sea Shepherd share a mission, and that is a clean Mediterranean Sea. We want to work together to tackle plastic waste and also raise awareness about illegally left fishing nets. We also plan to make new and useful products from the used plastic."

The partnership continues Allianz’s sustainability efforts. The Group supports the shift to a climate-friendly economy via ambitious climate and environmental targets in its core business and operations. Allianz has committed to reducing greenhouse gas emissions in proprietary investment portfolio to net zero by 2050, including intermediate targets already by 2025. Greenhouse gas emissions from operations will be reduced by 30 percent (compared to 2019) over the next five years. In addition, disposable plastic packaging in canteens will be replaced with environmentally-friendly alternatives in more Allianz entities over time, as is already the case at the Munich headquarters.

Authored by Allianz

CLICK HERE TO SIGN UP FOR OUR
FREE BI-WEEKLY NEWSLETTER

About Allianz

Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz Group,  a leading integrated financial services provider and the largest property and casualty insurer in the world.  

The mission of Allianz Insurance is to be the outstanding competitor in our chosen markets by delivering products and services that our clients recommend, being a great company to work for and achieving the best combination of profit and growth. We aim to achieve this by putting the customer at the heart of everything we do. 

Allianz is able to offer customers a wide range of products and services including home and motor and commercial insurance with full range of products and service for sole traders' right up to large commercial organisations.  

Allianz Insurance employs over 4,500 people across a network of 20 offices in the UK and the company’s Head Office is situated in Guildford, Surrey.  Our heritage and financial strength help make Allianz what it is today; a safe and trusted partner. Over 40 FTSE100 companies partner with Allianz.  youTalk-insurance sharing Allianz Insurance news and video

 

Latest video

Allianz - Planning ahead considerations when re-starting businesses after lockdown

In this short video from Allianz, Andy Miller, Loss Control Technical Manager, highlights key considerations for business owners looking to reopen after temporarily... click here for more