A Force for Good: Equitable Unveils Inaugural ESG Report
Financial services leader reinforces commitment to people, the environment and communities
In its inaugural report, Equitable describes its ESG vision as a force for good and its aspiration to play a role in addressing the challenges of its people, clients, communities and society. The report details Equitable’s ongoing efforts to harness its “big systems” – the aspects of the business that have the potential to create large-scale, positive impact – to deliver a sustainable impact in the communities in which the company operates and its people live and work.
“We believe delivering excellent business performance and doing good for society are unifying ambitions for us,” said
The report highlights Equitable’s progress to date on its ESG program, including:
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Offering its first sustainable financing issuance to fund environmental and social projects aligned with the United Nation’s
Sustainable Development Goals , reinforcing the company’s commitment to reducing inequalities and fostering healthier and more vibrant communities
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Leading the founding of the
Coalition for Equity in Wholesaling, a consortium of insurance companies and other organizations dedicated to increasing the hiring, retention and career advancement of diverse wholesalers in the financial service industry
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Joining AllianceBernstein as a signatory to The
Principles for Responsible Investment (PRI)
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Forming the CEO Taskforce to Advance Racial Equity to improve representation and advancement of Black Equitable employees and
Equitable Advisors financial professionals
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Enhancing its flagship scholarship program, Equitable Excellence, to help address inequities in college affordability and college access; since inception,
Equitable Foundation has awarded more than in scholarships to more than 6,800 students nationwide$30 million
Equitable continues to invest considerable resources in the holistic well-being of its employees and financial professionals, including training in adaptive leadership, advanced career modelling and building the skills of the future. In 2019, Equitable established the Innovation and Design Office to rethink and enhance the way the company delivers value for clients, continues to grow through innovation and attracts top talent. As a result, the company has embarked on a unique, enterprise-wide transformation program, New Ways of Working, to elevate innovation, efficiency, client satisfaction and employee engagement and create a more agile, customer-centric company. So far, Equitable has invested approximately 30,000 employee-hours of training to date on agile and design-thinking methodologies.i
Equitable’s ESG report and disclosures were prepared in alignment with the
About Equitable
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Reference to the 1859 founding applies specifically and exclusively to
i Current as of
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Source: Equitable