CNO Financial Group Releases Corporate Social Responsibility Report
CNO Financial Group, Inc. (NYSE: CNO) has released its 2020 Corporate Social Responsibility Report, demonstrating its commitment to positive impacts for customers, associates, and the environment. Key achievements include adopting TCFD and SASB frameworks, completing a greenhouse gas emissions inventory, and earmarking $100 million for impact investments. The report emphasizes ethical practices, community support, and diversity initiatives. CNO plans to continue this annual reporting to highlight its sustainability efforts and value creation for stakeholders.
- Adopted TCFD and SASB reporting frameworks, enhancing transparency.
- Earmarked $100 million for new impact investments.
- Achieved Great Place to Work® certification and ranked second among Healthiest Workplaces in America.
- None.
CARMEL, Ind., May 5, 2021 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today published its Corporate Social Responsibility Report, which covers data from calendar year 2020. The report highlights the company's continued progress in making a positive difference for its customers, associates, communities and the environment.
CNO's Corporate Social Responsibility Report focuses on the six key environmental, social and governance (ESG) areas that are most relevant to the business. They include promoting ethical and responsible business practices, as well as protecting privacy and security; investing prudently; serving our customers; developing and supporting our associates; caring for the environment; and giving back to our communities.
"At CNO, our corporate social responsibility program is an integral part of our mission to secure the future of middle-income America," said Gary C. Bhojwani, chief executive officer. "Helping people is what we do every day. Our long-term performance is enhanced by building a more sustainable business that supports our associates and customers, helps improve communities and the environment, and drives value creation for all of our stakeholders."
Some of the company's notable accomplishments since its last report include:
- Adopted the Task Force on Climate-related Financial Disclosures (TCFD) and the Sustainability Accounting Standards Board (SASB) reporting frameworks
- Performed its first greenhouse gas emissions inventory and established an emissions reduction target
- Earmarked
$100 million for new impact investments - Created a responsible investment policy
- Became a signatory to the United Nations Principles for Responsible Investment (UN PRI)
- Advanced its diversity, equity and inclusion (DE&I) program and named a DE&I leader
- Created the CNO Council on Sustainability and named a sustainability leader
- Earned the Great Place to Work® certification
- Named a 2020 Best Employers for Diversity by Forbes
- Ranked second on the 100 Healthiest Workplaces in America
CNO expects to release its Corporate Social Responsibility Report annually to provide insight into the company's continued progress. To learn more, please visit our 2020 Corporate Social Responsibility Report.
About CNO Financial Group
CNO Financial Group, Inc. (NYSE: CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities, financial services, and workforce benefits solutions through our family of brands, including Bankers Life, Colonial Penn and Washington National. Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.2 million policies and more than
CAUTION REGARDING FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements within the meaning of federal securities laws. These prospective statements reflect management's current expectations, but are not guarantees of future performance. Accordingly, please refer to CNO's cautionary statement regarding forward-looking statements, and the business environment in which the Company operates, contained in the Company's Form 10-K for the year ended December 31, 2020 and any subsequent Form 10-Q on file with the Securities and Exchange Commission and on the Company's website at CNOinc.com in the Investors section. CNO specifically disclaims any obligation to update or revise any forward-looking statement because of new information, future developments or otherwise.
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SOURCE CNO Financial Group, Inc.
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