The Power of Us: Lincoln Financial Group Releases 2023 Corporate Social Responsibility Report
20 Giugno 2024 - 7:06PM
Business Wire
Lincoln focuses on collaboration, belonging and
integrity with investments in employees, customers and
communities
Lincoln Financial Group (NYSE:LNC) today shared its 2023
Corporate Social Responsibility (CSR) report, The Power of Us,
highlighting the company’s progress in advancing its purpose to
provide financial protection and security to customers and their
families and its environmental, social and governance (ESG)
initiatives.
The firm’s annual CSR Report, which covers activities from Jan.
1 through Dec. 31, 2023, describes Lincoln’s actions in the areas
of philanthropy, volunteerism, environmental sustainability and
responsible business practices, and proudly features many of the
employees who contributed to this great work. The report showcases
Lincoln’s support to its nonprofit partners and those in need, its
continued investment in diversity, equity and inclusion efforts and
its amplified commitment to the environment.
“In 2023, Lincoln delivered on our purpose with unwavering
conviction, through the remarkable work of our employees and our
Foundation,” said Ellen Cooper, Chairman, President and Chief
Executive Officer of Lincoln Financial Group. “We know that it’s
not just what we do that matters – but also, how we do it. We are
in a people-driven business, and there is power in a strong team –
at Lincoln, we are harnessing the Power of Us to support the people
and communities we serve with excellence.”
Highlights of Lincoln Financial’s 2023 CSR report and progress
include:
- The Lincoln Financial Foundation contributed to more than 285
nonprofit partners, with more than $9M in charitable giving,
benefitting more than 1.5 million people.
- Increased volunteering hours by 40 percent, and employees’
personal donations to local nonprofits were matched
dollar-for-dollar by the Foundation.
- Launched myCareer, a learning platform to support continuous
development for employees, developed new leadership training
programs and expanded Total Rewards benefits and programs for
employees.
- Received notable recognition – named Newsweek’s America’s Most
Responsible Companies and Most Trustworthy Companies, Ethisphere’s
World’s Most Ethical Companies, and received perfect scores on both
the Corporate Equality Index and the Disability Equality
Index.
- Achieved its 8 Actions to support racial justice and
equity.
- Amplified its commitment to the environment by continuing to
focus on and take action to reduce greenhouse gas emissions, with a
31% reduction of Scope 1 and 2 emissions from 2019 baseline.
- Advanced Environmental, Social and Governance (ESG) vision
through responsible investments – investing $3.9 billion of general
account in responsible investments that advance social benefits and
environment sustainability.
“Our CSR efforts begin with One Team Lincoln—ensuring our
employees feel valued and know their voices are heard, which
amplifies career success and how they show up and deliver for our
customers and communities,” said Allison Green Johnson, Chief
Diversity Officer and President of the Lincoln Financial
Foundation, Lincoln Financial Group. “As we support our non-profit
partners, people and places in need, and cultivate a culture of
belonging, our investments focus on financial wellness, education
and human services. These are the building blocks to drive
confidence and meaningful outcomes. I’m proud of the commitment and
collective power of our employees and partners.”
Lincoln Financial’s Corporate Social Responsibility report can
be viewed and downloaded here.
About Lincoln Financial Group
Lincoln Financial Group helps people to plan, protect and retire
with confidence. As of December 31, 2023, approximately 17 million
customers trust our guidance and solutions across four core
businesses – annuities, life insurance, group protection, and
retirement plan services. As of March 31, 2024, the company had
$310 billion in end-of-period account balances, net of reinsurance.
Headquartered in Radnor, Pa., Lincoln Financial Group is the
marketing name for Lincoln National Corporation (NYSE: LNC) and its
affiliates. Learn more at LincolnFinancial.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240606449533/en/
Media: Lincoln Financial Group Lauren Holloway
484-268-4492 Lauren.holloway@lfg.com
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