Allianz moves away from coal

THE world’s biggest insurance company by assets, Allianz, will no longer provide standalone insurance coverage for coal power plants or coal mines.

sponsored-logo
Allianz moves away from coal Allianz moves away from coal Allianz moves away from coal Allianz moves away from coal Allianz moves away from coal

Allianz is moving away from coal-fired power.

The German insurer also announced it would ban all companies planning to build more than 500 megawatts of new coal capacity from its investment portfolio.