Climate Change Data

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