“Leading change in a changing world requires being a company of action – and, as a market leader, AIG is committed to setting the standard with our actions. We believe today’s ESG commitments are an important step forward for AIG, the clients we serve and the global communities where we live and work,” said Peter Zaffino, Chairman & CEO, AIG. “AIG is focused on the realities of climate change. The data about climate change is unambiguous and we believe that AIG can be a catalyst for positive change as it relates to sustainability advancements and renewable energy expansion.”
The specific actions AIG announced today include:
“We are committed to a transparent journey toward sustainability advancement,” said Constance Hunter, Executive Vice President, Global Head of Strategy and ESG. “We are having constructive discussions with all our stakeholders on this important issue and look forward to reporting progress. We will work together with our clients and distribution partners, in particular, to ensure an ongoing transition to a Net Zero future and provide guidance on feasible solutions designed to help manage climate-related risks.”
In the coming months AIG will share science-based targets as part of its Net Zero roadmap, including for its planned phase-out of fossil fuels, and will continue to evolve its ESG framework to drive consistent progress across the company.
Additional details and disclosures on AIG’s climate and sustainability strategy can be found in the company's 2020 ESG Report, available at aig.com/about-us/sustainability. The 2021 ESG Report will be published later this year.
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