Environmental, Social and Governance

Sustaining Healthier, Longer, Better Lives

Sustaining Healthier, Longer, Better Lives

As the largest pan-Asian life and health insurer, we are committed to building a sustainable future for the communities we serve.
 
ESG is fundamental to creating long-term value for all our stakeholders, future proofing our business and delivering on our Purpose of helping people live Healthier, Longer, Better Lives.
 
We are proud to contribute to the
sustainable economic and social
development of Asia.
Edmund Sze-Wing Tse
Independent Non-executive Chairman

ESG Report 2022

Our ESG Strategy is built around five pillars: Health & Wellness, Sustainable Operations, Sustainable Investment, People & Culture, and Effective Governance. These pillars contribute to a more sustainable and healthier development for Asia, its people and communities, as well as the planet. See our latest ESG Report to find out more about our latest initiatives in the region.

    Health & Wellness

    Sustainable Investment

    Sustainable Operations

    People & Culture

    Effective Governance

Health & Wellness

Engaging, inspiring and delivering better health outcomes, championing financial inclusion and expanding access to quality care to have a wider positive impact on society.
Over US$2 trillion
total sum assured provided
US$16 billion
in total benefits and claims
AIA One Billion
rolled out to 18 markets, engaged 258m people

Sustainable Investment

Delivers long-term value by allocating capital to companies that commit to sustainable outcomes, investing for the future and lowering our exposure to the risk of stranded assets in the future low-carbon economy.
Sustainable Multi-Thematic Fund
launched by AIA Singapore
Over US$10 billion
investments in Healthcare & ESG bonds
ESG Rating Scorecard
Fully implemented in our directly-managed fixed income and equity asset classes

Sustainable Operations

Aims to improve the environmental performance of AIA’s operations as well as incorporate ESG factors in sourcing considerations.
87% Digital Submissions
achieved from our buy, service and claims transactions
100%
of all new buildings and redevelopments to be green certified

People & Culture

Empowers our people to succeed through fostering a learning environment, ensuring equitable and fair processes for employment and progression and a diverse, inclusive and supportive culture.
Gallup Exceptional Workplace Award
Received from Gallup
Top Quartile
in Gallup’s employee engagement score for six consecutive years
42% Women
in senior management roles
Bloomberg Gender Equality
index inclusion

Effective Governance

Ensures AIA continues to operate to the highest standards of business practices, both in terms of its engagement with stakeholders and how we manage risks. This provides the necessary management oversight, incentives, organisational accountability, data governance and transparent reporting to enable us to succeed.
Top Rated ESG Performer
By Sustainalytics in our industry and region and a sustained rating of AA in MSCI ESG ratings
100%
of the Group Board is comprised of Independent Non-executive Directors (INEDs)*
100%
of Group Board committees are chaired by and comprised of INEDs*
*Aside from the Group Chief Executive and President

Our Net-Zero 2050 Commitment and Science Based Targets

 
The health of the planet is inextricably linked to the health of our communities. Sustaining Healthier, Longer, Better Lives requires us to take action to address climate change, the impact of which continues to be deeply felt in our communities and globally.
 
In December 2021, AIA committed to achieving net-zero greenhouse gas (GHG) emissions by 2050. AIA has also signed up the Science Based Targets initiatives (SBTi) to set ambitious emission reduction targets in line with the latest climate science deemed necessary to meet the goals of the Paris Agreement.
Read our press release
About SBTi
Divestment from Coal

Completely divested entire directly-managed listed equity and fixed income exposure to coal mining and coal-fired power businesses

Divestment from Coal

Completely divested entire directly-managed listed equity and fixed income exposure to coal mining and coal-fired power businesses

Formalised Steering Committee

Climate and Net-Zero Steering Committee formalised to oversee the development and implementation of Science Based Targets and transition to Net-Zero 2050

Formalised Steering Committee

Climate and Net-Zero Steering Committee formalised to oversee the development and implementation of Science Based Targets and transition to Net-Zero 2050

Validate near-term Science Based Targets

Initial near-term Science Based Targets for SBTi validation by SBTi 

Validate near-term Science Based Targets

Initial near-term Science Based Targets for SBTi validation by SBTi 

Investee Companies commit to SBTi

100% of in-scope investee companies with validated Science Based Targets

Investee Companies commit to SBTi

100% of in-scope investee companies with validated Science Based Targets

Our Ambition

Net-Zero

Our Ambition

Net-Zero

Our Commitment in Practice

Deliver on emissions reduction plans for buildings and operations

Adhere to industry-recognised green building standards

Encourage employees to establish a culture of sustainable practices

Develop emission reduction targets for our portfolio aligned with our net-zero commitment

Encourage investee companies to set their own Science Based Targets

Review and renew the Science Based Targets periodically until net-zero is reached

ESG Reports archive

2021

AIA ESG Report 2021

'A photo of book'
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2020

AIA ESG Report 2020

'A photo of book'
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2019

AIA ESG Report 2019

'A photo of book'
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2018

AIA ESG Report 2018

'A photo of book'
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2017

AIA ESG Report 2017

'A photo of book'
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 Statements and content featured on these webpages and in our ESG Report are subject to our Forward Looking Statements Disclaimer.