2023 Sustainability Report Focuses on Talent, Products and Climate
Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, today published its 2023 Sustainability Report. The report reaffirms its dedication to building a more sustainable future, further reducing its environmental impact, and making meaningful, positive social contributions.
โAssurant recognizes that sustainability is not a trend; itโs a competitive advantage that creates long-term business value,โ said Keith Demmings, president and CEO, Assurant. โAs we build a more sustainable business for all of our stakeholders, we continue to ensure that our actions today consider the impacts of tomorrow. The progress detailed in our report shows that we are focused on building a more sustainable future together with our employees, clients, customers, and suppliers.โ
Assurantโs 2023 Sustainability Report reaffirms the companyโs 2020-2025 environmental, social and governance (ESG) strategic focus areas:
- Talent: We aspire to foster a diverse, equitable and inclusive culture to drive innovation for the benefit of all stakeholders;
- Products: We aspire to help customers thrive in the Connected World; and
- Climate: We aspire to operate in ways that minimize our carbon footprint and align our commitments to enhance climate action and environmental performance.
The 2023 report also outlines recent actions that demonstrate Assurantโs commitment and continued maturity in key areas. Highlights include:
- Refreshed key tenets of our culture to foster a greater understanding of our renewed purpose
- Focused on all aspects of wellbeing, including mental health, with access to tools and programs at no cost to all global employees
- Achieved our 2025 supplier diversity target two years ahead of schedule
- Increased the diversity of our Board, which is now 62 percent diverse (including both gender and race/ethnicity)
- Increased global gender diversity overall
- Established three new Employee Resource Groups (ERG), Veterans@Assurant, Mosaic@Assurant, and Pride@Assurant, while growing our first ERG, Women@Assurant
- Expanded coverage for electric vehicle protection products
- Repurposed 22M mobile devices, globally
- Introduced healthcare plan changes to better meet the needs of our diverse workforce
To foster continued ESG disclosure transparency, the report includes our updated annual Sustainability Accounting Standards Board (SASB) and Task Force on Climate-Related Financial Disclosures (TCFD) indices.
The Assurant 2023 Sustainability Report and additional information about Assurantโs strategic ESG initiatives is available online at www.assurant.com/our-story/sustainability.
About Assurant
Assurant, Inc. (NYSE: AIZ) is a leading global business services company that supports, protects and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the worldโs leading brands to develop innovative solutions and to deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products and other products. Learn more at assurant.com or on Twitter @Assurant.
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Contacts
Assurant Media Contacts:
Linda Recupero
Linda.Recupero@assurant.com
Stacie Sherer
Stacie.Sherer@assurant.com
