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Corporate Responsibility

sustainability at aig

Some of the biggest issues facing our world today, like climate change, require the active collaboration of the public sector, the private sector, academia and non-governmental organizations. AIG serves as a trusted advisor to many of these stakeholders around the world based on our technical expertise in analyzing risk. We have an important role to play in addressing these complex challenges.

No two risks are the same. Each risk is unique and different industries and businesses have different risk appetites.  The role of insurance in risk mitigation and underwriting is an opportunity to apply our technical expertise to help manage today’s risks while supporting solutions to pressing societal problems. No two investments are the same. Each investment opportunity presents unique risks and rewards that we carefully analyze. We take these responsibilities very seriously.

Given the complexity of these issues, AIG does not publicly comment on underwriting decisions related to specific projects or specific investments. We are committed to promoting economic growth and sustainable solutions that benefit society today and for future generations.

“From supporting low carbon renewable energy projects, to employing our risk management expertise to help address the impacts of climate change, to providing insurance to the underserved, we are engaged in a variety of sustainability efforts across our global footprint. We believe our continued commitment to sustainability will deliver long-term value to our company, our stakeholders, and to the global community at large."
- Jennifer Waldner, Chief Sustainability Officer

TCFD Reporting

AIG supports a unified approach for climate risk reporting across companies and industries, for the benefit of shareholders, employees, business partners and communities.

 

 

In 2019, AIG issued its first Task Force on Climate-related Financial Disclosures (TCFD) report to provide greater transparency into our sustainability strategy and to align reporting activities with industry standards. The report summarizes how we incorporate climate-related risks and opportunities into our governance, strategy and risk management approaches, as well as the metrics and targets we use to track performance.

 

Read the TCFD report here.

Microinsurance

AIG is a proud member of Blue Marble, a consortium of nine companies that collaborates to extend socially impactful, commercially viable insurance to the underserved.

 

Learn more about how microinsurance helps protect vulnerable communities in our article with The Washington Post. Learn more about Blue Marble and AIG here.

"There is nothing micro about microinsurance for the people whose livelihood depends on it." - Krishnan Venkatachalam, Head of Microinsurance, AIG

community at aig
“AIG is committed to giving back to the communities we serve through programs, partnerships and philanthropy that leverage the skills, experience, knowledge, and enthusiasm of our employees. We honor our history of giving and continue to put purpose into action by volunteering to help others, serving on Employee Resource Groups, donating funds to support important causes and by otherwise working toward the greater good.”
- Laura Gallagher, Global Head of Corporate Citizenship

Philanthropy

At AIG, both our client service and philanthropic activities help others prepare for some of life’s most difficult challenges.

AIG is proud to support employees’ generosity through the Matching Grants Program. AIG matches employee donations to qualifying nonprofit organizations and schools 2:1, up to $10,000, for each employee per calendar year.

AIG is committed to making a positive difference in the communities where we work, live and serve our customers by investing in programs and partnerships that leverage the skills, experience, knowledge and enthusiasm of our employees.

AIG supports artistic, cultural and educational institutions where we live and operate, while exposing employees and their families to their offerings through the AIG Museum Membership Program.

Volunteerism

AIG provides opportunities for our employees to use their time and talent to support and improve communities, particularly in areas of need that correspond with AIG’s business expertise.

AIG's Global Volunteer Month

Throughout the month of April, 4,000+ employee volunteers from 35+ countries donated 14,000+ volunteer hours.                                                            

The 2019 AIG Global Volunteer Month video highlights the energy, enthusiasm and dedication of AIG employees across the globe during Global Volunteer Month.

Learn more about our impact throughout 2018 in AIG's 2018 Citizenship at a Glance document.

Diversity

At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for an innovative workplace that leads to growth and profitability.

 

 

Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

Visit AIG's Diversity and Inclusion page for more information.

governance at aig

The Nominating and Corporate Governance Committee of AIG’s Board of Directors actively oversees matters relating to sustainability and citizenship. Additional information on these topics can be found in the “Making a Better World” section of our 2018 Annual Report to Shareholders.

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