{"id":458038,"date":"2021-03-15T16:18:25","date_gmt":"2021-03-15T20:18:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=458038"},"modified":"2021-03-15T16:18:25","modified_gmt":"2021-03-15T20:18:25","slug":"assurant-affirms-long-standing-commitment-to-social-responsibility","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-affirms-long-standing-commitment-to-social-responsibility\/","title":{"rendered":"Assurant Affirms Long-Standing Commitment to Social Responsibility"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Assurant Affirms Long-Standing Commitment to Social Responsibility<\/b><\/p>\n<p class=\"bwalignc\"><i>2021 Social Responsibility Report Highlights Global Environmental, Social and Governance Integration with Business Strategy and Accelerated Actions to Support Commitments for the Future<\/i><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.assurant.com%2Fhome&amp;esheet=52396122&amp;newsitemid=20210315005737&amp;lan=en-US&amp;anchor=Assurant%2C+Inc&amp;index=1&amp;md5=365cc59acaa8de1dc9c9a5eb1d606901\">Assurant, Inc<\/a>. (NYSE:AIZ), a global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today published its 2021 Social Responsibility Report. The report highlights Assurant\u2019s commitment to building a more sustainable future for all stakeholders through multiple environmental, social and governance (ESG) initiatives. Strategic ESG areas of focus for 2020 &#8211; 2025, as well as expanded multiyear data and accomplishments during the past year are highlighted in the Company\u2019s 2021 Report.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210315005737\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210315005737\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 371px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210315005737\/en\/865200\/4\/AIZ-09329-Our_Connected_Social_Responsibilities_Infographic_031221_Final.jpg\" alt=\"At Assurant, we believe that creating value requires the deep integration of social responsibility within our business strategy. Learn more about our commitment to building a more sustainable future for our customers, employees, partners investors, and communities in the Assurant 2021 Social Responsibility Report. (Graphic: Assurant)\" \/><\/p>\n<p style=\"font-size:85%\">At Assurant, we believe that creating value requires the deep integration of social responsibility within our business strategy. Learn more about our commitment to building a more sustainable future for our customers, employees, partners investors, and communities in the Assurant 2021 Social Responsibility Report. (Graphic: Assurant)<\/p>\n<\/div>\n<p>\n\u201cAt Assurant, our global commitment as a socially responsible company is stronger than ever,\u201d said Alan Colberg, president and CEO, Assurant. \u201cAt no time in our history have Assurant employees had to adapt, persevere and deliver support for our more than 300 million consumers with the selfless courage they demonstrated in the past year. We are building on our progress as we continue to strengthen the alignment of our social responsibility initiatives with our purpose, our values and our long-term strategy, including an even greater focus on creating a more diverse, inclusive and sustainable global company for the future.\u201d\n<\/p>\n<p>\nAssurant\u2019s longer-term strategic planning process, overseen by its Board of Directors, prioritized three multiyear ESG areas of focus that are outlined in the 2021 Report, along with related goals and actions. The Company\u2019s longer-term ESG priorities are:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nTalent: Foster a diverse, equitable and inclusive culture to drive innovation for the benefit of all stakeholders,\n<\/li>\n<li>\nProducts: Help customers thrive in a Connected World, and\n<\/li>\n<li>\nClimate: Operate to minimize its carbon footprint and enhance sustainability.\n<\/li>\n<\/ul>\n<p>\n\u201cOur longer-term ESG areas of focus prioritize the strategic importance we place on talent, diversity, equity and inclusion as well as ensuring our operations and the products and services we offer consumers enhance environmental sustainability in the Connected World,\u201d added Colberg. \u201cAs the global market, consumer needs, expectations and ESG standards continue to evolve, we will further integrate strategic ESG considerations into our planning, operations and disclosure.\u201d\n<\/p>\n<p><b>Social Responsibility\/ESG Annual Highlights and Accomplishments <\/b><\/p>\n<p>\nAssurant\u2019s Social Responsibility Strategic Framework and ESG Guiding Principles center on four pillars against which the company measures progress year-over-year. Highlights and accomplishments in each area described in the Company\u2019s 2021 Report include:\n<\/p>\n<p><b><i>Responsible Employer<\/i><\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nConducted a multi-step pay equity initiative leveraging third-party expertise and objectivity to help ensure equitable compensation across employees with similar job skills and responsibilities; results confirmed fair administration of pay with no evidence of systemic or material pay equity issues\n<\/li>\n<li>\nLaunched a multi-phase process to increase all U.S. hourly-paid employees of Assurant to at least $15 an hour in July 2021\n<\/li>\n<li>\nFurther expanded Assurant\u2019s global diversity, equity and inclusion programs and accountability, including the rollout of diverse slate requirements and ongoing unconscious bias training\n<\/li>\n<li>\nReported diverse representation in Assurant\u2019s global workforce with 60 percent comprised of women as of year-end 2020; 52 percent of Assurant\u2019s U.S. workforce is diverse in race or ethnicity; women comprise 33 percent of the Management Committee; 50 percent of the Board of Directors is diverse in gender, race and\/or ethnicity\n<\/li>\n<li>\nThroughout COVID-19 pandemic, activated protocols to safeguard employee health and support employees\u2019 emotional, physical and financial wellbeing while sustaining operations in 21 countries worldwide and did so without job eliminations caused by the pandemic.\n<\/li>\n<\/ul>\n<p><b><i>Impact on Society<\/i><\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nFormed a new Assurant Investment Committee to provide a forum for discussion of ESG topics in balance with other investment considerations to further the company\u2019s responsible investing practices\n<\/li>\n<li>\nCompleted climate-related scenario analysis and included an expanded Task Force on Climate-Related Financial Disclosures (TCFD) Index to describe Assurant\u2019s risk management, governance and overall climate-related considerations\n<\/li>\n<li>\nSustained a \u201cB\u201d score, for the third consecutive year, on the annual CDP Climate Survey; reduced annual paper consumption by about 52.5 tons in 2020, and reduced energy consumption at facilities by 67 million kilowatt hours during the past decade\n<\/li>\n<li>\nLaunched an expanded Supplier Diversity and Inclusion registration portal, and enhanced Assurant\u2019s infrastructure and network of support to increase opportunities in its supply chain for certified diverse businesses\n<\/li>\n<li>\nDonated $4.7 million in grants, upholding all commitments and supporting nearly 1,700 charities globally with grants or employee matching gifts from the Assurant Foundation in 2020\n<\/li>\n<li>\nThrough the Assurant Cares Employee Support Fund awarded more than $1.1 million in support of employees facing financial hardships triggered as their family members lost their jobs or other household income due to the COVID-19 pandemic\n<\/li>\n<li>\nMobilized employee engagement globally to provide charitable and community support during the COVID-19 pandemic with nearly 17,300 recorded employee volunteer hours during 2020.\n<\/li>\n<\/ul>\n<p><b><i>Customer Commitment <\/i><\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nActivated Assurant\u2019s business continuity plans to ensure continuing support of its clients by providing uninterrupted essential services to their customers during the COVID-19 pandemic, including quickly equipping more than 12,000 employees to work remotely\n<\/li>\n<li>\nAccelerated investments to enable enhanced experiences with digital-first platforms and robust digital self-service tools, adding convenience and efficiency to support clients and customers; expanded ratings and reviews infrastructure to integrate real-time customer feedback, gain insights and enhance the overall customer experience\n<\/li>\n<li>\nCompleted five acquisitions during 2020 to continuously improve capabilities in its Connected Living and Global Automotive businesses for the benefit of Assurant\u2019s clients and their customers; through Assurant Growth Investing have invested more than $100 million during the past six years in 21 portfolio companies that are complementary or disruptive to its core businesses.\n<\/li>\n<\/ul>\n<p><b><i>Integrity and Ethics<\/i><\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nExpanded Board-level oversight of ESG matters and increased frequency of updates with management regarding important related topics such as human capital management, diversity equity and inclusion, and cybersecurity\n<\/li>\n<li>\nFormed a new Board-level Information Technology Committee in 2020 that is responsible for oversight of risk management with respect to information technology\n<\/li>\n<li>\nCompleted 210 information security audits, conducted 938 third-party IT vendor assessments and three tabletop information security exercises; experienced no material information security breaches in 2020\n<\/li>\n<li>\nUpdated its global Code of Business Conduct and Ethics and Supplier Code of Conduct, and reinforced Assurant\u2019s Human Rights and other ESG-related commitments in effect for Assurant and its suppliers\n<\/li>\n<li>\nRolled out comprehensive and mandatory ethics, privacy and information security training programs that were completed by more than 14,000 employees worldwide.\n<\/li>\n<\/ul>\n<p>\nThe full Assurant 2021 Social Responsibility Report and additional information about Assurant\u2019s ESG strategic initiatives is available online at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fsocialresponsibility.assurant.com%2F&amp;esheet=52396122&amp;newsitemid=20210315005737&amp;lan=en-US&amp;anchor=socialresponsibility.assurant.com&amp;index=2&amp;md5=6cc0cf2461910a0b985a9fc6ae70dcb9\">socialresponsibility.assurant.com<\/a>.\n<\/p>\n<p><b>About Assurant<\/b><\/p>\n<p>\nAssurant, Inc. (NYSE: AIZ) is a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases. Anticipating the evolving needs of consumers, Assurant partners with the world\u2019s leading brands to develop innovative products and services and to deliver an enhanced customer experience. A Fortune 500 company with a presence in 21 countries, Assurant offers mobile device solutions; extended service contracts; vehicle protection services; pre-funded funeral insurance; renters\u2019 insurance; lender-placed insurance products; and other specialty products. The Assurant Foundation strengthens communities by supporting charitable partners that help protect where people live and can thrive, connect with local resources, inspire inclusion and prepare leaders of the future.\n<\/p>\n<p>\nLearn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.assurant.com&amp;esheet=52396122&amp;newsitemid=20210315005737&amp;lan=en-US&amp;anchor=assurant.com&amp;index=3&amp;md5=0b18aa5a69989d478a7291f7e753e080\">assurant.com<\/a> or on Twitter <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Fassurantnews&amp;esheet=52396122&amp;newsitemid=20210315005737&amp;lan=en-US&amp;anchor=%40AssurantNews&amp;index=4&amp;md5=24e43eb7ebcfa7d9a6a96cd4b9b14483\">@AssurantNews<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210315005737r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210315005737\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210315005737\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact<\/b>:<br \/>\n<br \/>Linda Recupero<br \/>\n<br \/>Senior Vice President, Enterprise Communication<br \/>\n<br \/>201.519.9773<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:linda.recupero@assurant.com\">linda.recupero@assurant.com<\/a><\/p>\n<p><b>Investor Relations Contact:<br \/>\n<\/b><br \/>Suzanne Shepherd<br \/>\n<br \/>Senior Vice President, Investor Relations<br \/>\n<br \/>201.788.4324<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:suzanne.shepherd@assurant.com\">suzanne.shepherd@assurant.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Environment Insurance Human Resources Other Retail Consulting Specialty Professional Services Philanthropy Other Philanthropy Retail<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210315005737\/en\/486492\/3\/AIZ-Assurant_logo_Corporate.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210315005737\/en\/865200\/3\/AIZ-09329-Our_Connected_Social_Responsibilities_Infographic_031221_Final.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">At Assurant, we believe that creating value requires the deep integration of social responsibility within our business strategy. Learn more about our commitment to building a more sustainable future for our customers, employees, partners investors, and communities in the Assurant 2021 Social Responsibility Report. (Graphic: Assurant)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Assurant Affirms Long-Standing Commitment to Social Responsibility 2021 Social Responsibility Report Highlights Global Environmental, Social and Governance Integration with Business Strategy and Accelerated Actions to Support Commitments for the Future NEW YORK&#8211;(BUSINESS WIRE)&#8211;Assurant, Inc. (NYSE:AIZ), a global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today published its 2021 Social Responsibility Report. The report highlights Assurant\u2019s commitment to building a more sustainable future for all stakeholders through multiple environmental, social and governance (ESG) initiatives. Strategic ESG areas of focus for 2020 &#8211; 2025, as well as expanded multiyear data and accomplishments during the past year are highlighted in the Company\u2019s 2021 Report. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210315005737\/en\/ At &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-affirms-long-standing-commitment-to-social-responsibility\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Assurant Affirms Long-Standing Commitment to Social Responsibility&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-458038","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Assurant Affirms Long-Standing Commitment to Social Responsibility - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-affirms-long-standing-commitment-to-social-responsibility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Assurant Affirms Long-Standing Commitment to Social Responsibility - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Assurant Affirms Long-Standing Commitment to Social Responsibility 2021 Social Responsibility Report Highlights Global Environmental, Social and Governance Integration with Business Strategy and Accelerated Actions to Support Commitments for the Future NEW YORK&#8211;(BUSINESS WIRE)&#8211;Assurant, Inc. (NYSE:AIZ), a global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today published its 2021 Social Responsibility Report. The report highlights Assurant\u2019s commitment to building a more sustainable future for all stakeholders through multiple environmental, social and governance (ESG) initiatives. Strategic ESG areas of focus for 2020 &#8211; 2025, as well as expanded multiyear data and accomplishments during the past year are highlighted in the Company\u2019s 2021 Report. This press release features multimedia. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-affirms-long-standing-commitment-to-social-responsibility\/","og_locale":"en_US","og_type":"article","og_title":"Assurant Affirms Long-Standing Commitment to Social Responsibility - Market Newsdesk","og_description":"Assurant Affirms Long-Standing Commitment to Social Responsibility 2021 Social Responsibility Report Highlights Global Environmental, Social and Governance Integration with Business Strategy and Accelerated Actions to Support Commitments for the Future NEW YORK&#8211;(BUSINESS WIRE)&#8211;Assurant, Inc. (NYSE:AIZ), a global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today published its 2021 Social Responsibility Report. The report highlights Assurant\u2019s commitment to building a more sustainable future for all stakeholders through multiple environmental, social and governance (ESG) initiatives. Strategic ESG areas of focus for 2020 &#8211; 2025, as well as expanded multiyear data and accomplishments during the past year are highlighted in the Company\u2019s 2021 Report. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210315005737\/en\/ At &hellip; Continue reading \"Assurant Affirms Long-Standing Commitment to Social Responsibility\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-affirms-long-standing-commitment-to-social-responsibility\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-15T20:18:25+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20210315005737\/en\/865200\/4\/AIZ-09329-Our_Connected_Social_Responsibilities_Infographic_031221_Final.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-affirms-long-standing-commitment-to-social-responsibility\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-affirms-long-standing-commitment-to-social-responsibility\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Assurant Affirms Long-Standing Commitment to Social Responsibility","datePublished":"2021-03-15T20:18:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-affirms-long-standing-commitment-to-social-responsibility\/"},"wordCount":1338,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-affirms-long-standing-commitment-to-social-responsibility\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20210315005737\/en\/865200\/4\/AIZ-09329-Our_Connected_Social_Responsibilities_Infographic_031221_Final.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-affirms-long-standing-commitment-to-social-responsibility\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-affirms-long-standing-commitment-to-social-responsibility\/","name":"Assurant Affirms Long-Standing Commitment to Social Responsibility - 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