LANSING, Mich.–(BUSINESS WIRE)–Jackson Financial Inc.1(NYSE:JXN) (Jackson), today announced the release its inaugural Report on Environmental, Social, and Governance (ESG).Since September 2021, when Jackson became an independent public company. The report outlines Jackson’s ESG efforts and future priorities.
Jackson’s history and efforts to positively affect our environment, communities, and stakeholders have been important to our business. We are proud to release our first ESG Report as a public company to highlight these critical areas, said Laura Prieskorn (President and Chief Executive Officer of Jackson). I am grateful for all Jackson associates whose dedication to our values has fueled our ESG efforts. We look forward to continuing to build on these efforts over the next few years as we help more Americans achieve financial freedom.
Highlights of the ESG Report include:
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Priorities of Jacksons ESG:
- Protecting our environment:Climate change; waste diversion, and ecology
- Value our communities and people:Diversity and inclusion; associate well being and development; philanthropy; volunteerism.
- Your trust in us is protectedStrong governance and business practices; customer-focused services, advocacy, and products; information security and privacy; and responsible investing.
- The solar farm that is located at the Michigan headquarters in Lansing will power more than 20% its campus buildings. Jackson actively works to reduce its environmental footprint and protect the environment where it operates. Through various programs, Jackson includes a recycling and composting program that annually diverts around 60% of the company’s waste from landfills.
- Jackson recognizes the importance to have an inclusive culture. He offers associates participation in nine Business Resource Associate Groups. The company also offers resources for associates to help them grow as professionals through a variety programs, including mentoring and training. Jackson offers support to associates at work and at home through its Living Life Well program. It focuses on safety, emotional well-being and financial wellness.
- Jackson donated over $5.6 million, and its associates contributed over 11,500 hours of volunteer work to hundreds nonprofits in 2021. Jackson’s philanthropy efforts led to more than 1.8million students receiving financial education. They also sponsored the construction of the Jackson Volunteer Center at Greater Lansing Food Bank, and other associate-led volunteer efforts.
- Jackson strives for the highest standards in business practices by ensuring strong governance and providing outstanding customer service. Our nine-member Board is made up of 44% women and 44% ethnic diversity. This allows for a wide variety of perspectives and experiences. Jackson recognizes the importance of its investments and incorporates ESG considerations in its investment process.
Jacksons ESG initiatives: More information and access to the ESG Report 2021 – Full VersionThese can be found on the company’s website at https://www.jackson.com/the-jackson-difference/environmental-social-governance.html.
JACKSON
Jackson (NYSE: JXN), is committed to simplifying retirement planning for financial professionals and their clients. Our range of annuity products, financial know-how, history of award-winning service* and streamlined experiences strive to reduce the confusion that complicates retirement planning. We are committed to responsibly serving all our stakeholders: customers, shareholders and distribution partners, employees, regulators, community partners, regulators, regulators, regulators, and others. We believe that by providing clarity today, we can drive better outcomes tomorrow. Visit this website for more information www.jackson.com.
*SQM (Service Quality Measurement Group) Contact Center Awards Program for 2004 and 2006-2021. (To be awarded world-class certification you must have received a minimum of 80% satisfaction rating from call-center customers. This is the highest rating possible.
Jackson National Life Insurance Company, a wholly-owned subsidiary of Jackson Financial Inc., is a publicly traded firm.
Jackson is the marketing name of Jackson Financial Inc., Jackson National Life Insurance Company, and Jackson National Life Insurance Company, New York (Home office: Purchase, New York).
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1Jackson Financial Inc. (JHLLC) is a U.S. holding and parent company. Jackson National Life Insurance Company, Brooke Life Insurance Company, PPM America, Inc., and Jackson National Asset Management, LLC are the JHLLC’s wholly-owned subsidiaries.