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Allianz pledges two-year ESG turnaround of dirty real estate

Hugo Cox
Allianz Real Estate has given itself until the end of next year to reverse the fortunes of the assets in its €74bn real estate portfolio that are performing poorly on carbon emissions.
Allianz pledges two-year ESG turnaround of dirty real estate

Dr Raphael Mertens, chief risk officer and head of ESG for Allianz Real Estate, told AsianInvestor that the company had completed a two-year audit for each of the more than 550 assets in the portfolio at the beginning of this year.

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