Brightest Announces Collaboration with Allianz Commercial to Advance Corporate Emissions Reduction and Tackle Climate Risk

London, United Kingdom —Brightest, a leading provider of sustainability and ESG data, reporting, and performance solutions, is proud to announce a new global collaboration with Allianz Commercial, to support businesses with their carbon accounting, reduction, and climate reporting efforts. Despite global pledges and net-zero targets, global GHG emissions continue to rise, increasing by 1.9% between 2022 and 2023* and reaching the highest levels on record in 2024. In the face of growing regulatory demands and environmental urgency, this collaboration will provide companies with a comprehensive solution to measure, manage, and reduce their carbon footprint, understand their climate risks and impacts, and ensure compliance with evolving, international sustainability regulations.

“Our goal is to develop customer-centric solutions that address the real-world sustainability challenges that businesses and organizations face every day. We take a holistic, strategic, andadaptive approach to Risk. We recognize that one size does not fit all in “Energy Transition” but that successful transition and resilience requires leveraging the right tools and technologies in the most effective ways for each client. Our collaboration with Brightest is about harnessing cutting-edge technology which can help the businesses we serve adopt quantitative, metrics focused, and actionable approaches to their decarbonisation goals,” said Dr. Funke Adeosun, Global Sustainability Solutions Practice Head at Allianz Commercial.

“By combining Allianz Commercial’s expertise in insurance and risk management with Brightest’s advanced technology, we’re empowering businesses to take a more data-driven, transparent, and impactful approach to sustainability. Together, we can help companies not only meet regulatory requirements, and effectively reduce and manage their risk, but also drive meaningful environmental progress at a crucial time in history,” said Chris Bolman, CEO at Brightest.

Allianz Commercial clients will have the option to access Brightest’s industry-leading sustainability platform at a reduced cost alongside other special benefits, enabling them to:

- Track, and report greenhouse gas (GHG) emissions and other sustainability data in line with international frameworks such as the Greenhouse Gas Protocol, the International Sustainability Standards Board (ISSB), or the European CorporateSustainability Reporting Directive (CSRD).

- Automate data collection and analysis to improve accuracy, efficiency, and governance in carbon, climate, environmental, and social reporting.

- Identify reduction opportunities and set achievable decarbonization targets.

-  Manage risk and enhance regulatory compliance by seamlessly aligning with global sustainability regulations throughout the European Union, United Kingdom, UnitedStates, Canada, Australia, Asia, and other regions.

By integrating Allianz Commercial’s and Brightest’s expertise and innovative solutions we empower businesses to take a proactive, defensible, and data-driven approach to their climate action, enterprise risk, and regulatory compliance.