Hong Kong, 15 March 2021 – AIA Group Limited (“AIA”; or the “Company”; stock code: 1299) today releases its Environmental, Social and Governance (“ESG”) Report 2020, detailing the Company’s transformational, long-term ESG strategy that aims to maximise the value it brings to communities in Asia.
The new strategy reflects how AIA has identified five strategic pillars for its ESG programme: Health and Wellness; Green Operations; Sustainable Investment; People and Culture; and Effective Governance. These will enable AIA to focus on the areas that will deliver the most value for its stakeholders. AIA‘s ESG performance will be reported in its annual ESG Report to ensure accountability and transparency.
AIA Group Chief Executive and President Lee Yuan Siong said: “AIA’s ambition is to be a global industry leader in ESG, shaping a sustainable future for Asia. Our new ESG Strategy gives us a clear roadmap to maximise the value we bring to our customers and communities, in line with our Purpose of helping millions of people live Healthier, Longer, Better Lives.”
“We are deeply aware of the social and environmental issues our communities face, and we are committed to overcoming them in a sustainable and ethical fashion. We are proud of the recognition that our ESG programme has received so far, however we will continue to strive to do more to deliver meaningful outcomes for all of our stakeholders.”
The objectives behind the five pillars are summarised as follows:
- Health and Wellness: Drive better health outcomes through greater engagement and access to quality care.
- Green Operations: Reduce the environmental footprint of AIA’s operations.
- Sustainable Investment: Deliver long-term value by investing in companies that commit to sustainable outcomes.
- People and Culture: Empower AIA’s people to succeed and ensure a fair and supportive culture.
- Effective Governance: Ensure that AIA continues to operate to the highest standards of business practices, both in terms of its engagement with stakeholders, and how it manages risks.