Aflac Incorporated Posts 2020 Business and Sustainability Report
Report Highlights How Aflac’s Commitment to ESG is Making a Change Balancing Purpose and Profit
COLUMBUS, Ga., April 19, 2021 /PRNewswire/ — Aflac Included declared right now that the firm has introduced its 2020 Enterprise and Sustainability Report, titled “65 Decades of the Aflac Way: Generating a Variance Even though Balancing Intent and Revenue.” The thorough, multimedia report consolidates info usually found in the firm’s Environmental Social Governance (ESG), Corporate Social Accountability (CSR) and Calendar year-in-Evaluation reports into an integrated, effortless-to-navigate on the internet doc with solutions for stakeholders to create customized studies. The 2020 Small business and Sustainability report is offered at Aflac’s ESG web site at esg.aflac.com.
“As CEO of Aflac for far more than 30 a long time I have in no way noticed a 12 months like 2020. Whilst the pandemic brought about corporations all around the earth to quickly halt and shift considerably, I was incredibly pleased at how Aflac’s sound danger management, perseverance to community involvement and agile scheduling enabled us to preserve our motivation to our policyholders: becoming there for them in their time of have to have,” explained Aflac Included Chairman and CEO Dan Amos. “Throughout this report, you will see Aflac’s audio business techniques, exceptional enterprise society, and commitment to performing business the right way, including our motivation to variety, the surroundings and our communities. This is all done through the lens of balancing goal and earnings, which was particularly notable amid the many problems we confronted in 2020.”
The 2020 Business enterprise and Sustainability Report involves enlightening films that concentrate on Aflac’s concentrate on ESG as very well as key insights into Aflac’s technique pertaining to corporate citizenship, diversity and inclusion, gender equality, philanthropy, ethics, knowledge stability, political activity, environmental administration and extra. The report supplies economical and operational facts from Aflac Integrated and its functioning segments, Aflac U.S. and Aflac Japan, relating to routines, details, studies, awards, and accolades related to governance and sustainability. It integrates numerous reporting frameworks, such as the Sustainability Accounting Benchmarks Board (SASB), the Task Force on Climate-relevant Economical Disclosures (TCFD), United Nations Sustainable Development Goals (SDGs) and the World Reporting Initiative (GRI), which are easily positioned in the report’s ESG Reporting Index.
“Our concentration on ESG is really reliable with the company culture we have at Aflac in driving a company’s expansion and profitability, balanced with an eye towards performing correct by our workforce, policyholders, our traders and with appropriate company governance,” mentioned Aflac Included President and Main Functioning Officer Frederick J. Crawford. “At Aflac, we know the importance of balancing goal and earnings. We have normally operated with goal, and now we have enhanced the measurement instruments and set anticipations to obtain leading-tier status in the ESG arena. We recognize that Aflac will require to adapt continually in get to turn out to be and remain an sector chief in ESG.”
Highlights of the Organization and Sustainability Report involve Aflac’s response to the COVID-19 pandemic, together with donating $11 million to frontline employee-associated programs in the U.S. and Japan and steps taken to assure the safety of Aflac staff members, as well as the company’s long-term range and inclusion endeavours resulting in a U.S. workforce that is 65% gals and 46% minorities. By way of its Women’s Empowerment Method, Aflac Japan surpassed its target of reaching 30% of women of all ages in leadership positions (assistant manager or larger), just one calendar year forward of routine and elevated the bar by placing a new focus on of 30% of supervisor or larger positions filled by gals by the conclusion of 2025, getting by now obtained a milestone of 20% by 2020. The new report also exhibits Aflac’s motivation to gender pay out equity and its 25-12 months devotion to children and family members dealing with childhood cancer, like the latest updates on the award-successful My Special Aflac Duck® program, which supplies consolation to small children dealing with a diagnosis of and remedy for cancer. Locate out more about Aflac’s commitment to ESG and company citizenship at esg.aflac.com.
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About Aflac Included
Aflac Included (NYSE: AFL) is a Fortune 500 firm aiding provide safety to much more than 50 million individuals as a result of its subsidiaries in Japan and the U.S., where it is a primary supplemental insurer by paying out income speedy when policyholders get unwell or wounded. For far more than 6 decades, insurance policy policies of Aflac Incorporated’s subsidiaries have given policyholders the possibility to focus on recovery, not economical tension. Aflac Existence Insurance policies Japan is the top company of health care and cancer insurance plan in Japan the place it insures 1 in 4 homes. For 15 consecutive years, Aflac Included has been acknowledged by Ethisphere as one of the World’s Most Ethical Businesses. In 2021, Fortune integrated Aflac Included on its list of World’s Most Admired Firms for the 20th time, and Bloomberg included Aflac Incorporated to its Gender-Equality Index, which tracks the fiscal efficiency of community businesses committed to supporting gender equality as a result of coverage progress, illustration and transparency, for the second consecutive yr. To locate out how to get assistance with expenses overall health insurance isn’t going to address, get to know us at aflac.com.
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