Company's Commitment to Sustainability

Alliedbankers Insurance Corporation is committed to promoting sustainability and social responsibility in all aspects of our business operations. We recognize the importance of sustainable development in creating a better future for our customers, employees, shareholders, communities, and the environment.

We have adopted the Global Reporting Initiative (GRI) framework to guide our sustainability reporting and to ensure that we provide accurate and transparent information on our sustainability performance. Our sustainability report covers the key sustainability issues that are relevant to our business and stakeholders.

To achieve these goals, we have made sustainability a core value throughout our organization. We have implemented a comprehensive sustainability strategy that focuses on these key areas: environmental, conserving natural resources, promoting social sustainability, fostering a culture of sustainability within our company, and corporate governance.

Environmental Sustainability

We recognize the importance of minimizing our environmental footprint and have implemented various measures to reduce our environmental impact. We have reduced our energy consumption by implementing energy-efficient technologies and practices like switching off the lights during lunch breaks. We have also implemented waste reduction measures, such as paperless transactions and recycling programs.

Conserving Natural Resources

We recognize that our business depends on natural resources, and we have a responsibility to use them in a responsible and sustainable way. We have implemented programs to promote a paperless environment, minimize waste, and promote circular economy principles throughout our operations. We also work with our suppliers to ensure that they share our commitment to sustainability and use environmentally responsible practices.

Social Sustainability

We believe that social sustainability is an essential part of our business strategy. We are committed to treating our employees fairly, supporting diversity and inclusion, and giving back to the communities in which we operate. We have also supported various community programs through our Corporate Social Responsibility projects. Likewise, we work to ensure that our work condition is free from human rights abuses and that our products/services are provided in safe and fair regulations.

Fostering a Culture of Sustainability

We understand that achieving sustainability requires a culture shift throughout our organization. With this, we have implemented sustainability training programs for our employees, and we regularly communicate our sustainability goals and progress to our stakeholders. We also encourage our employees to take ownership of sustainability initiatives and to come up with new ideas and innovations to drive progress in this area.

Corporate Governance

A sound corporate governance through the promotion of sustainability and implementation of various measures shall ensure transparency and accountability in our operations.

We believe that sustainability is essential to our long-term success and the well-being of our stakeholders. We are dedicated to continuously improving our sustainability performance and reporting on our progress in a transparent and accountable manner.