Is Petplan an ethical insurance brand?
Unfortunately, Petplan receives one of the lowest scores on The Good Shopping Guide’s Insurance Ethical Ratings Table. As a result of its low score, it cannot be classified as an ethical insurance brand.
To see how other brands score against Petplan within the Ethical Insurance sector, visit the Insurance Ethical Ratings Table. Our Ratings Tables can help you to find out more about the criteria that a brand has to fulfil to meet our minimum ethical benchmark.
The Good Shopping Guide encourages all brands to follow in the footsteps of our top-rated brands by introducing more ethical policies.
What does Petplan receive a top score for?
Petplan’s parent company Allianz has a recent Sustainability Report which contains targets and evidence of progress. The targets include reducing carbon emissions and increasing renewable energy usage.
As a result, Petplan receives a top rating in our Environmental Report category.
Why does Petplan receive a bottom rating for Political Donations?
Within recent election cycles, Allianz has donated over $1.1 million. As this amount is above our threshold for a top or middle rating, Petplan receives a bottom score for this category.
Allianz has also been implicated in a wide range of unethical investment practices such as links to fossil fuels and armaments companies, resulting in a bottom rating for Petplan in the Irresponsible Lending category.
What can Petplan do to improve its score?
Petplan’s below-benchmark score in The Good Shopping Guide’s Ethical Insurance sector is the outcome of a calculation of multiple ethical criteria.
Could your insurance brand benefit from Ethical Accreditation? Top-rated brands can display The Good Shopping Guide mark on its products, demonstrating to consumers that it is an ethical and sustainable brand. Take a look at The Good Shopping Guide’s Ratings Tables to see which other brands within the Ethical Insurance sector have received our ethical logo. Would you like to find out more? Please get in touch or complete a rapid initial assessment form.
Ethical performance in category
GSG score
GSG category benchmark
Ethical Rating
Environment
-
Environmental Report
Good
-
Environmental Destruction
Poor
-
Carbon Disclosure & Reduction Targets
Good
People
-
Irresponsible Lending
Poor
-
Political Donations
Poor
-
Irresponsible Lending+
Poor
Other
-
Ethical Accreditation
Poor
-
Responsible Investment Policy
Poor
-
Other Criticisms
Poor
= GSG Top Rating = GSG Middle Rating = GSG Bottom Rating