The UN SDGs were developed in 2015 to achieve a better, more sustainable future by protecting the planet and improving the lives of global citizens. These 17 goals are a call for action to address major global issues, including climate, poverty and hunger, inequality, health and well-being, and education. AIG formally committed to supporting these goals in 2021 by joining the UN Global Compact. Examples of some of these efforts are outlined below.
- AIG’s Chairman & CEO serves as co-chair of the New York Jobs CEO Council, a group that collaborates with educational institutions to prepare New Yorkers in low-income, underrepresented communities for the future of work. Through our partnership, we have committed to hiring talented students from The City University of New York public school system, providing them with opportunities to forge a meaningful career in the insurance industry.
- Since 2014, over 6,200 AIG volunteers have packaged over 1.5 million meals in partnership with Rise Against Hunger, an organization dedicated to growing a global movement to end hunger by empowering communities, nourishing lives and responding to emergencies.
- AIG’s Pro Bono Program continued its partnership with Yes!Solutions to ensure impoverished members of the New York community enjoy warm holiday meals, providing 800 hot meals on Valentine’s Day and another 500 meals over the Thanksgiving holiday to homeless New Yorkers.
- AIG granted all employees two mental health days as company paid time off to be used in observance of World Health Day and World Mental Health Day.
- AIG’s Laya Healthcare supported mental well-being by offering its customers aged 16+ access to mental-health counselors on a 24/7 basis at no additional cost.
- In 2021, AIG partnered with Junior Achievement (JA) to help over 10,000 students across 21 JA Areas participate in much-needed programming in financial literacy, work and career readiness and entrepreneurship.
- AIG donated $400,000 to its longstanding High School Diplomat Program, which welcomes student participants from Japan for visits to the U.S.
- In the UK, AIG piloted a returner’s program to help experienced women transition back into the workplace after a career break
- AIG serves as the title sponsor of the AIG Women’s Open, and with our partner R&A, increased the prize money by $1.3 million to a total of $5.8 million, setting a new benchmark in women’s golf. We also committed to increase the prize money for the 2022 tournament to no less than $6.8 million, more than twice the amount awarded before AIG became the tournament’s title sponsor.
- In partnership with WeHero, an organization that gives companies the solutions to accomplish their social mission through powerful giving and volunteer programs, over 50 AIG volunteers contributed 78 volunteer hours to build and donate 52 Sawyer Water Filters, which will provide clean water to 52 families in need over ten years.
- In honor of Giving Tuesday, AIG volunteers prepared over 7,500 hygiene kits to donate to Clean the World, a global impact organization whose mission is to save millions of lives around the world through the recycling and distribution of soap and hygiene kits.
- AIG provides insurance coverage to renewable energy companies in an effort to support and promote the growth of renewable energy as an energy source.
- AIG closely monitors and evaluates the technical considerations for emerging technologies to provide support to our underwriting teams internally as well as to provide engineering and technical support to our clients in the renewable energy sectors.
- As of November 30, 2021, AIG had a total of $3.5 billion invested in private wind, solar, geothermal and hydroelectric generation and transmission projects, solar power purchase agreements (PPAs) and commercial and residential PACE (Property Assessed Clean Energy Program) loans.
- In 2021, AIG launched the Signature Series: Recruiting for Success, a diversity recruitment training program to source, attract, and hire diverse global talent.
- Through a new partnership with America Needs You (ANY), AIG is investing in the advancement and success of first-generation college students from low-income backgrounds, the majority of whom identify as Latinx, Black or Asian, to build resilient communities, including by having AIG employees serve as mentor coaches to ANY Fellows.
- AIG offers Upgrade to Green® endorsements to cover for the increased cost of repairing or replacing covered property damaged by a covered cause of loss using materials, equipment and/or methods that are recognized as being “green.”
- AIG continued its longstanding support of The Morino Project, a national initiative in Japan that contributes to community resilience by bringing thousands of volunteers together to help thwart the spread of flood and fire.
- AIG contributed $250,000 toward the St. Patrick’s Cathedral Landmark Foundation’s geothermal heating and cooling system installation to support a transition to efficient geothermal energy, a renewable energy source that uses heat that is continuously produced inside the earth.
- In 2021, General Insurance launched its Global Sponsorship Program, which matches mid-level diverse employees with senior leaders across the General Insurance business unit to provide mentorship and leadership training.
- AIG raised nearly $700,000 in support of its 14-year partnership with Move United to support their mission to ensure that everyone, regardless of ability, has access to sports and recreation in their local communities.
- AIG participated in The City Bar Justice Center’s Neighborhood Entrepreneur Law Project, which gives free legal advice to small and aspiring business owners, helping to reduce the equality gaps that disproportionally affect small businesses.
- AIG and its partners have refined a framework for developing urban resilience that has been endorsed at two UN Industrial Development Organization (UNIDO) Bridge for Cities events (2019 and 2021).
- In 2021, over 380 contributors from AIG partnered with Humanitarian OpenStreetMaps to map 39,749 buildings and over 60km of roads in unexplored or disaster-prone areas across Botswana, Zambia, Barbados and Guatemala, aiding the delivery of humanitarian aid.
- The AIG Foundation supported the Center for Disaster Philanthropy’s efforts to help communities prepare for and rebuild after disasters with a $400,000 grant.
- AIG supported Second Chance Toys by hosting a mail-in toy drive, enabling employees anywhere in the U.S. to give their children’s toy a second life by donating them to children in need. AIG also provided Second Chance Toys with a grant to enable the continuation of their impactful programs.
- AIG committed to achieve net zero greenhouse gas (GHG) emissions by 2050, or sooner, operationally and across its underwriting and investment portfolios.
- AIG committed to achieve 100% renewable energy for AIG’s operations by 2030 or sooner.
- AIG sponsored Enactus’ Race for Climate Action, which empowered teams of university students around the globe to design projects to combat climate change.
- In 2021, AIG launched its “This is the Last Straw” campaign encouraging employees to reduce plastic straw consumption to help preserve our marine ecosystems and keep our oceans clean.
- In 2021, AIG partnered with Earthwatch, an environmental non-profit, to engage in Operation Healthy Air, where employees collected and monitored air quality in their communities
- AIG donated to support the Association of Volunteers for Forest Protection of Afidnes, a group tasked with fire prevention activities and first-response services to forestland in Greece, to assist in the response to the devastating forest fires that raged in Greece in 2021.
- For the 10th year in a row, AIG has earned a 100% rating on the Human Rights Campaign Corporate Equality Index.
- AIG’s Pro Bono Program provides free legal services and other support to under-represented communities and individuals.
- Since 2012, AIG has worked on 55 cases with the International Refugee Assistance Project, providing assistance for 127 individual refugees.
- AIG joined the UN Global Compact and committed to align with its 10 principles in the areas of human rights, labor, environment and anti-corruption, and to advance the UN SDGs.
- AIG is a founding member of the Alliance for Lifetime Income, a non-profit organization that creates awareness and educates Americans about the value and importance of having protected lifetime income in retirement.