Protective Releases 2023 Sustainability Report
July 30 2024 - 10:56AM
Business Wire
Protective Life Corporation (Protective), a subsidiary of
Dai-ichi Life Holdings, Inc. (TSE:8750), today announced the
publication of its 2023 Sustainability Report, which highlights key
milestones and accomplishments that demonstrate the company’s
commitment to being a responsible business and creating long-term
value for our stakeholders.
“The stories in this report highlight some of the work that
ensures we are in the greatest position to continue delivering on
our promises,” said Rich Bielen, President & CEO of Protective.
“The actions we take now lay the groundwork for a stronger business
– one that benefits customers, teammates, partners and communities
- for years to come.”
Protective’s 2023 Sustainability Report outlines how we created
meaningful impact through sustainable practices for our business,
our more than 3,800 teammates and the communities we serve.
Within our business, Protective continued to improve on the ways
we can better serve our more than 14.4 million customers through
digital offerings, meeting their evolving needs and improving their
experience. We also further enhanced our enterprise risk management
and sustainable investment strategies to drive long-term value.
With nearly 70% of its workforce fully virtual, Protective
continues to support its teammates through enhanced offerings for
mental and physical wellbeing and development opportunities to grow
in their careers wherever they work. In 2023, more than 50% of our
teammates completed professional development courses, which
contributes to Protective’s culture of continuous learning,
engagement and excellence.
Protective remains committed to investing in the future of our
communities and creating positive change in the lives of our
neighbors. In 2023, the Protective Life Foundation awarded
approximately $4.5 million in gifts to 191 nonprofits and engaged
teammates across the country in hands-on service activities for
Greater Birmingham Habitat for Humanity, Ronald McDonald House
Charities and ongoing activities related to Protecting Good, which
support neighbors of Protective Stadium.
To learn more and engage with Protective’s sustainability story,
download the full 2023 Sustainability Report at
www.protective.com/sustainability.
About Protective
Protective has helped people achieve protection and security in
their lives for 117 years. Through its subsidiaries, Protective
offers life insurance, annuity and asset protection solutions and
is helping more than 14.4 million people protect what matters most.
Protective’s more than 3,800 employees put people first and deliver
on the company’s promises to customers, partners, colleagues and
communities - because we’re all protectors. With a long-term focus,
financial stability and commitment to doing the right thing,
Protective Life Corporation, a subsidiary of Dai-ichi Life
Holdings, Inc., has $118 billion in assets, as of Dec. 31, 2023.
Protective is headquartered in Birmingham, Alabama, and supported
by a robust virtual workforce and core sites in the greater
Cincinnati area and St. Louis. For more information about
Protective, visit www.protective.com.
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