Singapore-based AIA unveils its first sustainability report for 2024, highlighting advancements in Environmental, Social, and Governance (ESG) matters, with a focus on mental health and comprehensive wellness.
In a significant move towards creating a healthier, more sustainable future, AIA Singapore has unveiled its AIA Sustainability Report 2024 titled "Sustaining Healthier, Longer, Better Lives." The comprehensive report outlines the company's holistic approach to creating lasting positive impacts in Health & Wellness, Sustainable Investment, Sustainable Operations, People & Culture, and Effective Governance.
Health & Wellness
The report underscores AIA's commitment to promoting healthier lifestyles through initiatives like the AIA Healthiest Schools programme. This programme supports students' physical and mental wellbeing and sustainable habits, extending its reach across multiple Asia-Pacific markets. AIA's efforts to foster healthier futures go beyond Singapore's borders, demonstrating the company's role in shaping healthier societies.
Sustainable Investment
While specific investment details are not provided in the report, AIA's overall sustainability focus implies integrating Environmental, Social, and Governance (ESG) factors in investment decisions to support sustainable growth and community well-being.
Sustainable Operations
AIA Singapore highlights its efforts to reduce environmental footprints, including the early achievement of solar deployment targets and other sustainability measures, contributing to Singapore’s broader climate goals.
People & Culture
The report signals a culture valuing wellbeing, inclusivity, and community engagement. Recognition programs and competitions like the Healthiest Schools reinforce collaborative efforts among educators, parents, and communities, reflecting AIA’s focus on collective empowerment and positive behavioural change.
Effective Governance
The presence of a structured sustainability report itself indicates strong governance commitment to transparency, accountability, and integration of ESG principles in corporate strategy.
In addition to these efforts, AIA Singapore has forged a partnership with WhiteCoat, providing over 1 million insured customers with affordable telemedicine and mental health services. The company also promotes proactive wellness through AIA Vitality, a comprehensive wellness programme.
Wong Sze Keed, CEO of AIA Singapore, stated that sustainability is integral to their operations and future planning. Liu Chun Yen, Chief Investment Officer and Head of Sustainability, AIA Singapore, emphasized the importance of ESG governance in driving long-term performance.
The report details progress made across five strategic pillars of AIA's ESG strategy and covers topics related to Corporate Responsibility, Policy & Finance, with a global, Singapore, and Southeast Asia focus. The report's tags include ESG, insurance, investment, sustainable development, and mental health.
Interested readers can access the AIA Sustainability Report 2024 at Environmental, Social and Governance | About AIA | AIA Singapore. With this comprehensive report, AIA Singapore reaffirms its commitment to creating a positive multiplication effect on Singapore’s societal and environmental future.
- AIA Singapore, through their partnership with WhiteCoat, is providing over 1 million insured customers with affordable telemedicine and mental health services, demonstrating their commitment to both health-and-wellness and mental-health.
- Liu Chun Yen, Chief Investment Officer and Head of Sustainability at AIA Singapore, underscored the importance of ESG governance in driving long-term performance, suggesting that corporate responsibility extends to considering Environmental, Social, and Governance (ESG) factors in investment decisions.
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