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UN-climate talks in Bonn ahead: WWF and Allianz are calling on the internet-community worldwide to test climate business strategies online
27.05.2010 - While politics and a lot of companies are losing precious time in climate protection, every user can now play the online-game CEO2 launched by financial service provider Allianz and WWF (World Wide Fund For Nature). One can slip into the role of a CEO and show which business strategies work out to reduce carbon, reduce risks and increase the long-term profitability. The aim of the game is to identify which investments at what time will set the course for a profitable growth in the low carbon economy of the future. CEO2 shows the possible impacts of business decisions in the chemical, automobile, utility and finance industry over the next 20 year. The success of the player is measured according to the development of the stock price and the carbon emissions.
Ahead of the UN-climate negotiations, politics and business are hesitant when it comes to climate change. Although according to RECIPE (Report on Energy and Climate Policy in Europe) drawn up by the Potsdam Institute for climate impact research and supported by Allianz and WWF, Europe especially could profit from climate protection if it sets the framework for middle- and long-term reductions of greenhouse gas emissions.
After 2020 the window which is open for ambitious global CO2 reductions until 2050 will close entirely. The reductions are necessary to limit the temperature rise below 2 degrees Celsius compared to preindustrial levels and avoid dangerous consequences of climate change. A cost-optimal mitigation strategy for the transformation of the energy sector alone requires an increase of investments in low-emission technologies to an annual level of 400 to 1,000 billion USD by 2030, most of which would have to be provided by the financial markets and industry.
CEO2 has been developed by Allianz and WWF to show long-term connections of investment cycles and the remaining leeway for strategies and decisions in a playful way so that a broad public audience can access these issues. The game is available at www.ceo2-game.com for free. It has been developed and implemented by the Berlin-based communications agency LGM Interactive (http://www.lgm-interactive.com).
Munich, 27.05.2010
For further information please contact:
Sigrid Goldbrunner, WWF Deutschland Tel.: +49-30-3087-4242
Mobil: +49-151-18854804
E-mail: HYPERLINK “mailto:sigrid.goldbrunner@wwf.de” sigrid.goldbrunner@wwf.de
Nicolai Tewes, Allianz SE Tel.: +49-89-3800 4511
Mobil: +49-171-860 2154
E-mail: HYPERLINK “mailto:nicolai.tewes@allianz.com” nicolai.tewes@allianz.com
These assessments are, as always, subject to the disclaimer provided below.
About WWF
WWF is one of the world’s largest and most respected independent conservation organizations, with almost
5 million supporters and a global network active in over 100 countries. WWF’s mission is to stop the degradation
of the earth’s natural environment and to build a future in which humans live in harmony with nature, by
conserving the world’s biological diversity, ensuring that the use of renewable
About LGMi
LGM Interactive is an agency that specializes in green digital communications. It focuses on interactive solutions for NGOs, organizations, governments and companies with activities in the fields of CSR, social change, and environmental awareness.
Headquartered in Berlin, Germany, LGMi works with NGOs and businesses around the world. Their team of experienced designers, programmers, producers, editors, project managers, and marketing specialists all share a desire to make sustainability engaging and inspiring.
For further information contact:
Eric Mahleb, Partner LGMi
tel: +49 (0)30 6483 2609
Cell: +49 (0)171 788 7582
eric@lgm-interactive.com
About Allianz
Allianz SE is member of Transparency International Germany and supports the Principles of the United Nations Global Compact and the OECD Guidelines for Multinationals through its Code of Conduct.
Allianz SE is one of the leaders of the insurance sector in the Dow Jones Sustainability Index, listed in FTSE4GOOD and in the Carbon Disclosure Leadership Index (Carbon Disclosure Project, CDP6).
Cautionary Note Regarding Forward-Looking Statements
The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words “may”, “will”, “should”, “expects”, “plans”, “intends”, “anticipates”, “believes”, “estimates”, “predicts”, “potential”, or “continue” and similar expressions identify forward-looking statements. Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in the Allianz Group’s core business and core markets, (ii) performance of financial markets, including emerging markets, and including market volatility, liquidity and credit events (iii) the frequency and severity of insured loss events, including from natural catastrophes and including the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the Euro/U.S. Dollar exchange rate, (ix) changing levels of competition, (x) changes in laws and regulations, including monetary convergence and the European Monetary Union, (xi) changes in the policies of central banks and/or foreign governments, (xii) the impact of acquisitions, including related integration issues, (xiii) reorganization measures, and (xiv) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences. The company assumes no obligation to update any forward-looking statement.
No duty to update
The company assumes no obligation to update any information contained herein.
Allianz SE
Group Communications
Press
Allianz SE
Koeniginstr.28
80802 Munich; Germany
Phone: +49.89.3800.2586
Fax: +49.89.3800.2114 / 2016
www.allianz.com/news
Chairman of the Supervisory Board: Dr. Henning Schulte-Noelle.
Board of Management: Michael Diekmann, Chairman;
Dr. Paul Achleitner, Oliver Bäte, Clement B. Booth, Enrico Cucchiani,
Dr. Joachim Faber, Dr. Christof Mascher, Jay Ralph, Dr. Gerhard Rupprecht,
Dr. Werner Zedelius.
For VAT-Purposes: VAT-Registration Number: DE 129 274 114; Insurance services are exempt from VAT.
Allianz SE, Munich, Comm.Reg.: Munich HRB 164232
release 01/2010
