I’ve had the privilege of telling Allstate’s corporate responsibility story for nearly a decade. It’s a story inspired by Our Shared Purpose, Allstaters’ caring nature, and our Chairman’s deep belief that corporations can — and should — do more to proactively address issues challenging society.
It’s a story about one company committed to being a force for good in people’s lives, today and in the lives of future generations. And it’s a story about how innovation, focus, and a systems-thinking mind-set can drive real change. We’re particularly proud of our contributions to our country’s youth and to the movement to end domestic violence.
Good Starts Young is our comprehensive program shining a light on America’s youth and their role in society as problem solvers. We invest in social and emotional learning experiences that develop character and inspire youth to serve their community. In doing so, we believe we can help enable the next generation of leaders to reach their full potential and take part in causes greater than themselves. Last year, we contributed to programs that enabled 1 million youth to complete 2.6 million hours of service and raise $3.8 million for charitable causes across the globe.
Over the past decade, we’ve helped transform the domestic violence issue through Allstate Foundation Purple Purse, our nation’s longest-running program, focused on ending abuse through a proven solution: financial empowerment services for survivors. We’ve invested more than $50 million in programs designed to offer solutions to reduce financial abuse, which is — in 99 percent of all domestic violence cases — a significant factor in victims’ ability to break free and stay free of their abusers. And in the last two years, we’ve raised nearly $5.5 million to help nonprofits build their capacity to meet survivors’ needs.
Our overall corporate responsibility strategy extends far beyond these two signature areas. We regularly ask our stakeholders to tell us how we’re doing on a variety of sustainability and business topics. This year, from our Materiality Analysis, we learned that we have several opportunities to improve our work:
• Talent Attraction, Retention and Development. America’s transitioning workforce tests conventional wisdom regarding talent management, and enables us to reinvent what it means to be an insurance company.
• Climate Change. A changing climate could affect claims and pricing, and offers us a chance to build more partnerships and demonstrate our commitment to operating responsibly.
• Customer Privacy and Data Security. New data technology will help us protect the privacy of our customers, and could lead to an era of more seamless and fluid customer experience.
• Community Presence. Our communities continue to face social, environmental, and economic challenges, and these challenges provide us with the opportunity to revitalize the relationship between the private and the public sector.
In recent years, we’ve delivered strong progress toward our Key Performance Indicators (KPIs). In 2010, we pledged to reduce Allstate’s energy use by 20 percent by 2020. I’m pleased to report that the company actually surpassed this goal in 2014, a full six years ahead of schedule. Additionally, over the last eight years, we’ve significantly reduced paper mailings to customers, as well as paper use by employees. In the area of supplier diversity, we set a goal of achieving 9 percent of Allstate’s total procurement spend with businesses owned by minorities, women, veterans, or members of the lesbian, gay, bisexual, and transgender community. In 2015, we moved closer to that goal with an 8.4 percent diverse-supplier spend.
I believe it’s imperative to build strong cross-functional partnerships within the company to help address and manage our priority issues and KPIs. That’s why we actively engage the Allstate Sustainability Council, composed of business unit leaders across the company, to help drive the transparency and authenticity of Allstate’s environmental stewardship and steer the company’s overall sustainability strategy. In the coming year, the council will be instrumental in setting new goals and targets, which we will post on this report site.
As Allstaters, we hold ourselves to the highest ethical standards while making positive contributions to our workforce, to society, and to the environment. We’re honored to have been named as a World’s Most Ethical Company® by the Ethisphere Institute in 2015 and 2016. It’s an absolute privilege to work alongside teammates who care deeply about doing the right thing and building trust with our stakeholders. The Allstate team is diverse and highly driven to contribute in unique ways. We currently house 10 different Employee Resource Groups — each with its own value proposition and goals. Our employee population consists of roughly 56 percent women and 33 percent minorities, earning us a place on DiversityInc’s list of the Top 50 Companies for Diversity® for the fifth consecutive year. These types of recognition from Ethisphere and DiversityInc affirm our philosophy and practices and build an incredible amount of employee pride.
Every year I look forward to preparing and sharing the content in this report. We commit to providing our stakeholders with transparent and meaningful reporting by adhering to internationally recognized standards, as evidenced by this GRI-G4 core-level disclosure. I encourage you to explore our interactive Corporate Responsibility Report site to learn more about Allstate’s purpose and how we’re strengthening communities in the U.S. and beyond.