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## Child labor 

Allianz appeals to the social commitment of its employees and supports them in their activities in this area. One example is the initiative of the employees of our Brazilian subsidiary, which is aimed at giving better prospects in life to the street children in the poverty-stricken favelas of São Paulo. The program not only provides children and young adults with financial assistance but also with educational support and care that keeps them off the streets and helps them get a better start in an orderly environ- ment. Another project in Romania is devoted to the job train- ing of children in orphanages. 

## Environment 

<img src='content_image/49763.jpg'>

## Carbon Disclosure Project 

Together with 86 other institutional investors, ADAM partici- pates in the Rockefeller Foundation’s Carbon Disclosure Pro- ject. In this project, the 500 largest companies in the world by market capitalization are asked what they are doing to limit greenhouse gas emissions. The results of the most recent sur- vey will be published in May 2004. 

## United Nations Environment Program (UNEP) 

Dresdner Bank has been a member of the “Financial Initiative” of the United Nations Environment Program (UNEP), Working Group Climate Change, since 1992. In the meantime, it has supplemented its membership by an environmental program of its own, which calls for the further extension of the financing of environment-friendly products and services and commits the bank to a more efficient use of resources. Among others, the bank has set itself the target of lowering CO$_{2}$ emissions by 28 percent by the year 2012. 

## Allianz Environment Foundation 

The Allianz Environment Foundation supports projects aimed at helping to reconcile human activity with environmental con- cerns. In that, it primarily focuses on the protection of water- ways and species, landscape conservation, gardening arts, en- vironmental communication and the extension of green spaces in cities. Current examples of its work are the repair of flood damages in the biosphere reservation “middle-reaches of the Elbe river,” a project aimed at rerouting “lesser white-fronted geese” to safer migratory flight paths, and another dealing with new concepts of bird-watching. 

## Allianz Center for Technology 

Risk research and risk management are among the core com- petences of a financial services provider. The risk experts of the Allianz Center for Technology develop waste management and recycling concepts, work for the efficient use of non-renewable energies and analyze the environmental impact of the activities of their customers in trade and industry. 

