AIA Philippines Group (including AIA Philippines, BPI AIA Life Assurance Company, AIA Investment Management and Trust Corporation Philippines, MediCard Philippines, and AIA Digital+)
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:8,673.10 tons
ESG Focus Areas
- Health & Wellness
- Sustainable Investment
- Sustainable Operations
- People & Culture
- Effective Governance
Environmental Achievements
- AIA Tower Cebu 100% transitioned to renewable energy.
- Sustained 96% digital submissions for buy, service, and claims transactions, reducing paper usage.
- 99% of outbound communications done digitally.
- Conversion to LED lights of all AIA PH occupied and controlled properties completed.
- WELL HSR Certified: AIA Tower and AIA Center Cebu.
Social Achievements
- Launched Hope for the Breast program, screening 448 women for breast cancer.
- Insured 109,552 new customers with PHP129 billion in total sum assured.
- Engaged Filipinos over 54 million times through various initiatives.
- Institutionalized Allies in AIA, an LGBTQIA+ and allies network.
- 50% of senior leaders are women.
Governance Achievements
- AIA Philippines and BPI AIA recognized with Three Golden Arrows Award for top scores in the 2022 ASEAN Corporate Governance Scorecard Assessment.
- 100% of board members attended annual training on corporate governance, conflict of interest, and related party transactions.
- ESG-related activities, policies, and strategies presented to the Board quarterly.
Climate Goals & Targets
Environmental Challenges
- Reducing carbon footprint and managing waste produced from operations.
- Encouraging vendors to adopt ESG processes.
Mitigation Strategies
- Procurement of Energy Service in line with the Group ESG-initiated process.
- Waste segregation and measurement continuing for all owned properties.
- On-site waste segregation piloted in some occupied spaces.
- All Tier 1 suppliers requested to provide their EcoVadis score.
Supply Chain Management
Responsible Procurement
- All Tier 1 suppliers requested to provide their EcoVadis score.
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- AIA Breast Cancer Protect Lite
Awards & Recognition
- Three Golden Arrows Award