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AIG leading the way in corporate citizenship

AIG wins community minded recognition (File photograph)

For the first time, American International Group has been recognised as one of the 50 most community-minded companies in the United States.

AIG was given the honour by Points of Light, a non-partisan, global non-profit that inspires, equips and mobilises millions of people to take action to change the world.

Points of Light’s The Civic 50 honourees of 2022 list was released, as well as a report featuring key trends, benchmarking data and insights from the honourees.

For a decade The Civic 50 has aimed to provide a national standard for corporate citizenship and showcase how companies can use their time, skills, and resources to drive social impact in their communities and company.

The honourees are companies with annual US revenues of at least $1 billion and are selected based on four dimensions of their corporate citizenship and social impact programmes – investment of resources; integration across business functions; institutionalisation through policies; and systems and impact measurement.

AIG chief human resource officer Rose Marie Glazer said: “AIG’s Global Corporate Citizenship team has created the infrastructure for AIG to strategically contribute its resources towards impactful community engagement – from employee time and talents, to financial gifts, to leadership on critical social causes.

“Our partnerships, programmes and initiatives empower every colleague to contribute in ways that are most meaningful to them and offer opportunities to provide support to communities where we live and work. Our commitment to our communities is one of the many reasons AIG is a great place to build a career.”

AIG global head of corporate citizenship Laura Gallagher said: “It is a profound honour for AIG to be named to The Civic 50 list by Points of Light and to be recognised among such impressive corporate citizens.”

She said that in recent years, the firm had worked to ensure the capacity-building, effectiveness, and reach of the giving and community engagement programmes that it directed.

“We are gratified and invigorated by this recognition of our data-driven approach, enhanced focus on equity, and dedication to long-term, sustainable impact,” Ms Gallagher said.

“Corporate leadership and commitment to civic engagement is critical for strengthening communities,” Points of Light presidents and chief executive officer Natalye Paquin said.

“Companies like AIG are leading the way and setting an example of how you can leverage your employee talent, business models and assets to create deep impact that drives transformational change.”

The Civic 50 survey and ranking system exclusively measures corporate involvement in communities. The survey is administered by True Impact and consists of quantitative and multiple-choice questions that inform the scoring process.

Several other companies with offices in Bermuda also made the list including Deloitte, Liberty Mutual, and KPMG.

To view the full report and see the full list of The Civic 50 2022 honourees, visit pointsoflight.org/the-civic-50.

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Published June 16, 2022 at 2:19 pm (Updated June 16, 2022 at 8:40 pm)

AIG leading the way in corporate citizenship

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