AIG 2021 ESG REPORT

Partnerships

Due to the scale and complexity of AIG’s ESG strategy, AIG partners with various private sector peers, academic institutions, NGOs, international organizations and other groups to achieve our ESG goals and to effect change. Our external partnerships are valuable resources and drivers of our sustainability progress, as well as outlets for AIG to contribute to broader resiliency efforts and dialogue on appropriate standards for insurers. Examples of these partnerships include:

Insurance Development Forum (IDF), a public-private partnership which aims to optimize and expand access to insurance products to support vulnerable populations and economies. 

The UN Global Compact, which AIG joined in 2021, commits us to align with the UN Global Compact’s 10 principles and advance the UN SDGs.

The Geneva Association (GA), which is producing a series of research papers outlining the role of the insurance industry in managing climate change risks and contributing to climate-related mitigation and resiliency efforts.

Global Trade Series (GTS), a collaboration launched in 2019 between AIG and an international coalition of leading centers of excellence focused on trade matters.

The Taskforce on Climate-related Financial Disclosures (TCFD), of which AIG became an official TCFD supporter after publishing our second TCFD report.

The Carbon Disclosure Project (CDP), of which AIG is an investor signatory and has reported on CDP’s Climate Investor Questionnaire for 11 consecutive years.

The Institute for International Finance (IIF), which is actively discussing sustainability issues with key stakeholders via letters, submissions, seminars and roundtables.

The Council for Inclusive Capitalism with the Vatican, a movement among business leaders to make the world fairer, more inclusive and sustainable.

Business Roundtable, an association of chief executive officers of America’s leading companies working to promote a thriving U.S. economy and expand opportunities for all Americans through sound public policy.

The Sustainable Markets Initiative (SMI) Insurance Taskforce, convened to accelerate the pace of industry transitions towards a more resilient and sustainable future.

AIG is also an active stakeholder in climate- and sustainability-focused discussions taking place within the insurance regulatory community at the National Association of Insurance Commissioners (NAIC), the International Association of Insurance Supervisors (IAIS) and the Sustainable Insurance Forum (SIF).