Aon Sustainability Report: A Comprehensive Look at their Commitment to ESG and Net Zero

As individuals, organizations, and governments continue to acknowledge the importance of sustainability and environmental protection, companies around the world are stepping up to contribute to a better and more sustainable future. One such organization leading the way is Aon, a leading insurance and professional services company.

Aon’s commitment to sustainability goes beyond the mere adoption of environmentally friendly practices. The company actively seeks to contribute to the global effort towards net-zero emissions by establishing clear-cut policies and promoting innovation in products and services. Through their annual sustainability report, Aon provides transparent information on their social impact, progress towards sustainability goals, among other essential metrics.

In this comprehensive blog post, we delve into various facets of Aon’s sustainability report, including their ESG policies, net-zero commitment, social impact initiatives, and other noteworthy sustainability efforts. We’ll answer multiple frequently asked questions, such as who leads Aon’s ESG team, how the company empowers results via their contact programs, where you can find the ESG reports, and more.

Come along to find out how Aon has taken a proactive approach to address the climate crisis and establish itself as a leading player in sustainability!

Aon Sustainability Report: Everything You Need to Know

Are you curious about Aon’s sustainability efforts? Look no further than their annual sustainability report! In this section, we’ll dive into the highlights and key takeaways from the report, so you can stay informed about Aon’s commitment to sustainability.

What is the Aon Sustainability Report

The Aon Sustainability Report is an annual report that showcases Aon’s progress toward their sustainability goals and provides insights into their sustainability strategy. The report covers a range of topics, from energy and water usage to community engagement and stakeholder relations.

Key Themes from the Report

The Aon Sustainability Report covers a lot of ground, but here are a few key themes that stood out:

  • Green Energy: Aon has made significant progress in reducing its carbon footprint and increasing its use of renewable energy. In 2020, over 70% of Aon’s global energy consumption came from renewable sources, such as wind and solar power.
  • Diversity and Inclusion: Aon is committed to fostering a culture of diversity and inclusion within their organization. In 2020, Aon launched several initiatives to promote diversity and inclusion, including a Diversity and Inclusion Council and a partnership with the National Urban League.
  • COVID-19 Response: The COVID-19 pandemic presented unprecedented challenges for Aon, but they responded quickly and decisively. Aon implemented remote work policies and launched several initiatives to support their employees and customers during the pandemic.

Highlights from the Report

Here are some standout achievements from the 2020 Aon Sustainability Report:

  • Aon reduced its greenhouse gas emissions by 43% since 2014, putting them on track to achieve their goal of a 50% reduction by 2025.
  • Aon launched the Aon Center for Innovation and Analytics, a state-of-the-art facility that uses data analytics to drive sustainable business practices.
  • Aon was named one of the World’s Most Ethical Companies by the Ethisphere Institute for the 15th year in a row.

Takeaways

In summary, the Aon Sustainability Report highlights the company’s commitment to sustainable business practices and is a valuable resource for anyone interested in learning more about Aon’s sustainability efforts. By reducing their carbon footprint, promoting diversity and inclusion, and responding to the COVID-19 pandemic, Aon is leading the way in sustainable business practices.

Aon Net Zero: Toward a More Sustainable Future

Aon’s commitment to reducing its carbon footprint and pursuing a net-zero future is a crucial part of its sustainability efforts. Here’s what you need to know about Aon’s progress toward this goal:

What is Aon’s Net Zero Commitment

Aon has pledged to achieve net-zero carbon emissions by 2030, in line with the Paris Agreement’s goals to limit global warming to well below 2 degrees Celsius above preindustrial levels. This commitment covers Aon’s global operations, including its real estate portfolio, travel, and supply chain.

How Will Aon Achieve Net Zero Emissions

Aon is taking a comprehensive approach to achieve net zero emissions:

  • Reducing emissions from its operations: Aon is evaluating its energy use and implementing energy-efficient measures across its offices. The company is also increasing its use of renewable energy sources and transitioning to low-emission vehicles.

  • Offsetting emissions through carbon credits: Aon is investing in carbon offset projects that support sustainable development and reduce emissions elsewhere. For example, Aon is funding a rainforest conservation project in Peru and a renewable energy project in India.

  • Engaging with suppliers and clients: Aon is working with its suppliers and clients to reduce emissions along its entire value chain. Through its Sustainable Procurement Program, Aon is requiring its suppliers to meet strict environmental and social standards.

What are the Benefits of Aon’s Net Zero Commitment

Aon’s commitment to achieving net-zero emissions brings several benefits:

  • Environmental benefits: Aon’s actions will help reduce greenhouse gas emissions, prevent deforestation, protect biodiversity, and contribute to a more sustainable world.

  • Economic benefits: Energy-efficient measures and renewable energy investments can reduce costs in the long term and increase the resilience of Aon’s operations to climate change risks.

  • Reputation benefits: Aon’s sustainability leadership can enhance its reputation with clients, investors, and employees and help attract and retain top talent.

What are Aon’s Other Sustainability Initiatives

Aon’s commitment to sustainability extends beyond its net-zero goal. Here are some of its other sustainability initiatives:

  • Sustainable investments: Aon has committed to investing $250 million in impact investments that align with the United Nations’ Sustainable Development Goals.

  • Diversity and inclusion: Aon is committed to creating a more diverse and inclusive workplace, with a target of increasing the representation of women in leadership roles to 30% by 2023.

  • Community engagement: Aon is involved in various community initiatives, including volunteering, philanthropy, and disaster relief efforts.

Aon’s net-zero commitment is a critical part of its sustainability efforts, reflecting the company’s recognition of the role it must play in addressing climate change. Through a comprehensive approach that involves reducing its emissions, offsetting emissions, and engaging with suppliers and clients, Aon is demonstrating its commitment to a more sustainable future.

Aon ESG Policy

Aon’s commitment to environmental, social, and corporate governance (ESG) is deeply embedded in the company’s culture. Aon’s ESG policy considers the company’s impacts on society, the environment, and the governance of the company itself, helping to ensure a responsible approach to business and sustainability. Here’s an overview of Aon’s ESG policy:

Environmental

  • Aon aims to minimize its impact on the environment through reducing waste, conserving energy, and promoting sustainable business practices.
  • Aon has set targets to reduce greenhouse gas emissions and follows a Climate Stewardship Policy to help mitigate climate change.
  • Aon’s offices worldwide are encouraged to minimize their environmental footprint, with initiatives such as reducing paper usage and promoting recycling.

Social

  • Aon aims to create a diverse and inclusive workplace, with programs such as the Aon Diversity Council and the Aon LGBTQ and Allies Business Resource Group.
  • Aon has a commitment to supporting the communities in which it operates, with programs such as Aon’s Global Communities Program, which focuses on social, economic and environmental issues that are important to the communities where Aon operates.
  • Aon considers the impact of its business practices on human rights, including in its supply chain.

Governance

  • Aon operates with a strong ethical framework, including policies on compliance, anti-bribery and corruption, and data protection.
  • Aon’s Board of Directors oversees the company’s performance on ESG issues, with regular updates and reports.
  • Aon ensures transparency and accountability by publicly disclosing its ESG performance through its annual Sustainability Report.

Aon’s ESG policy is an integral part of the company’s overall sustainability strategy, reflecting the company’s values and commitment to responsible business practices.

Aon Sustainability Report: Innovating for a Better Future

As we continue to tackle the pressing issues of climate change and resource depletion, innovation has become a pivotal force behind sustainability. And in the realm of risk and consulting, Aon has been at the forefront of driving innovation towards more sustainable practices.

Aon’s Innovation Journey

Aon recognizes the importance of innovation in maintaining a sustainable future. To this end, they have been implementing the following:

1. Sustainable Investment Solutions

Aon has been developing sustainable investment solutions that redefine how we think about risk, finance, and investments. They have integrated Environmental, Social and Governance (ESG) considerations into their investment decisions, influencing investment managers to adopt more sustainable approaches.

2. Sustainable Business Operations

Aon is also innovating in its own business operations, adopting more sustainable and energy-efficient practices. They have been investing in renewable energy and energy-efficient technologies to reduce their carbon footprint.

3. Enhancing Risk Management

As part of their commitment to sustainability, Aon is going beyond traditional risk management practices to tackle emerging risks such as climate change and resource depletion. They have been working on creating new tools and technologies to help organizations better manage these risks.

Aon’s Contributions to Sustainable Innovation

Aon has been actively involved in promoting sustainable innovation across various sectors. Here are some examples:

1. Climate-related Financial Disclosure

Aon is one of the founding members of the Task Force on Climate-Related Financial Disclosures (TCFD) which provides guidelines for companies in disclosing climate-related risks and opportunities. The task force’s recommendations are now being embraced by companies worldwide.

2. Reinsurance Support for Energy Transition

Aon has been working with insurance and reinsurance companies to support the transition to renewable energy. Through its partnership with The Rockefeller Foundation, Aon is helping developing countries to access affordable insurance coverage for renewable energy projects.

3. Promoting Sustainable Agriculture

Aon has been involved in promoting sustainable agriculture practices to reduce the environmental impact of agriculture. They have been working with stakeholders to create innovative insurance solutions that enable farmers to manage risks while adopting sustainable agriculture practices.

Aon’s commitment to sustainable innovation is commendable, and their efforts are helping to drive change across various sectors. With a focus on sustainable investment solutions, enhancing risk management, and promoting sustainable agriculture, Aon is creating a more sustainable future for all. We should all take a cue from Aon and pursue innovation that helps promote sustainability.

A Closer Look at Aon’s Annual Sustainability Report

Every year, Aon releases its annual sustainability report, which details the company’s efforts to be a responsible and sustainable business. Here are some key takeaways from the latest report:

Commitment to Sustainability

Aon is committed to reducing its environmental impact and advancing sustainability initiatives within its business operations. Some notable efforts include:

  • Achieving carbon neutrality in 2020 through a combination of energy efficiency measures and the purchase of high-quality offsets
  • Investing in renewable energy projects and sourcing renewable energy for its operations
  • Working with clients to develop climate risk management strategies and promote low-carbon investments

Diversity, Equity, and Inclusion

Aon is dedicated to promoting diversity, equity, and inclusion (DEI) both within its own workforce and in the broader communities it serves. Some recent initiatives in this area include:

  • Launching a global DEI council to develop strategies and best practices for promoting inclusion and belonging
  • Offering unconscious bias training to employees and implementing diverse candidate slates in hiring processes
  • Partnering with organizations like the National Urban League and the Trevor Project to support marginalized communities

Social Responsibility

Aon believes that businesses have a responsibility to contribute positively to society, and the latest sustainability report demonstrates its efforts to do so. Some highlights include:

  • Supporting disaster relief efforts through monetary donations and employee volunteerism
  • Promoting financial literacy and economic empowerment through partnerships with organizations like Junior Achievement and Opportunity International
  • Providing pro bono consulting services to nonprofits and social enterprises to help them achieve their missions

Overall, Aon’s annual sustainability report serves as a testament to the company’s dedication to sustainability, diversity, and social responsibility. As businesses increasingly recognize the importance of these values, Aon is setting an example for others to follow.

Aon Social Impact: Making a Difference in the World

As a socially responsible corporation, Aon is committed to making a positive impact on the world by putting its resources and expertise to work for good causes. Here’s a closer look at the social impact initiatives that Aon has undertaken to make the world a better place.

Aon Empowers Employee Volunteerism

Aon understands that it’s not only about donating money but also about giving back through time and talent. Aon encourages its employees to volunteer across different local communities to make a lasting impact in areas that are most important to them. The company provides its employees with the resources and opportunities to engage in various volunteering activities.

Aon’s Corporate Social Responsibility Programs

Aon has established various initiatives to implement positive change in the communities they serve. Here are some of the ways Aon is giving back:

  • Aon Community Foundation: This program provides financial support to organizations that work on education and environment conservation.

  • Matching Gift Programs: Aon offers a matching gift program that allows employees to support the charitable organizations that matter most to them.

  • Diversity & Inclusion: Aon’s D&I program focuses on workforce diversity and cultivating an environment of inclusion and allyship.

Aon Takes a Holistic Approach to Sustainability

Sustainability is more than just about being green. Aon’s holistic approach encompasses social responsibility, economic prosperity, and a healthy environment. The company recognizes the need for sustainable business practices that can help mitigate environmental risks and create long-term value for clients and stakeholders alike.

Aon Builds Resilience in Local Communities

Aon is committed to building resilient communities by investing in disaster relief and preparedness, as well as promoting initiatives that help communities recover economically and socially after a disaster strikes. Aon leverages its expertise in risk management and data analytics to help communities prepare for and respond to natural disasters, giving people the tools they need to adapt and thrive.

Aon’s Corporate Citizenship Recognitions

Aon’s corporate citizenship efforts have received widespread recognition from various organizations that promote corporate responsibility. In 2021, Aon has been acknowledged for its work in the following areas:

  • ESG: Aon was named as a 2021 ESG A-Lister by the CDP.

  • Corporate Responsibility: Aon was included in the list of 100 Best Corporate Citizens of 2021 by 3BL Media.

  • Diversity: Aon was recognized by DiversityInc as one of the Top 50 Companies for Diversity 2021.

Aon’s commitment to sustainability and social responsibility is inspiring, and it’s clear that the company is dedicated to making a long-lasting, positive impact in the world. By encouraging employee volunteerism, implementing corporate social responsibility programs, taking a holistic approach to sustainability, building resilience in local communities, and achieving corporate citizenship recognitions, Aon is demonstrating what it truly means to be a responsible global citizen.

Aon Empower Results Contact

Aon Empower Results Contact is an initiative by Aon to provide its clients with tailored solutions that suit their needs. The main aim of this initiative is to help clients achieve their goals and streamline their operations.

Here are the key takeaways of Aon Empower Results Contact:

Customized Solutions

Aon offers customized solutions to its clients through Empower Results Contact. This means that clients get tailored solutions that meet their specific needs. Aon takes time to understand the client’s business, goals and challenges before coming up with a solution that fits them.

Access to Experts

Aon has a team of experts who are available to clients through Empower Results Contact. These experts have years of experience in the industry and are knowledgeable about the challenges clients face. They provide valuable insights, guidance, and support to help clients make informed decisions.

Streamlined Operations

Through Aon Empower Results Contact, clients can streamline their operations. Aon provides solutions that help clients achieve their goals faster, more efficiently and more effectively. This effectively helps to save time, money, and resources.

Improved Efficiency

Aon Empower Results Contact helps clients improve their efficiency by automating processes and consolidating data. This reduces the need for manual work, which saves time and resources. Clients can focus on their core business activities while Aon takes care of the rest.

Cost Savings

By streamlining operations, improving efficiency, and automating processes, Aon Empower Results Contact helps clients save money. Clients can reduce their overheads, eliminate unnecessary expenses, and optimize use of resources.

In conclusion, Aon Empower Results Contact is an excellent initiative that provides customized solutions to clients, access to experts, streamlines operations, improves efficiency, and helps clients save money. If you’re an Aon client, it’s worth reaching out to the Empower Results Contact team to see how they can help your business succeed.

Where can I find ESG reports

In today’s world, environmental, social, and governance (ESG) reports have become a vital tool for many investors who want to ensure that their investments align with their values. These reports help investors to understand a company’s impact on the environment, society, and corporate governance. In this subsection, we will explore where you can find ESG reports.

Company websites

One of the easiest ways to find ESG reports is by visiting the company’s website you are interested in. Most companies nowadays have a section on their website where they provide their ESG reports. You can check their investor relations page, sustainability, or corporate social responsibility (CSR) page to see if they have the report available.

ESG research providers

ESG research providers, such as MSCI, Sustainalytics, and Refinitiv, also offer ESG reports for companies. These providers use various methods to analyze companies and provide a score or rating based on their ESG performance. You can access these reports either by subscribing to their services or through their partnerships with banks and other financial institutions.

Government websites

Many governments worldwide require companies to report their ESG performance to regulatory bodies. For example, in the United States, the Securities and Exchange Commission (SEC) requires companies to disclose their ESG metrics to investors. You can access these reports on the SEC website. Similarly, various other countries have their regulatory bodies where you can access ESG reports.

Non-profit organizations

Several non-profit organizations provide ESG reports, such as CDP (formerly the Carbon Disclosure Project), which focuses on environmental performance. The reports from such non-profit organizations tend to be free of cost, and they provide valuable insights into a company’s ESG performance.

Social media

Social media platforms such as LinkedIn, Twitter, and Facebook can also be a great source for finding ESG reports. Companies often post their ESG reports on their social media pages to reach a wider audience and showcase their transparency and commitment to their ESG goals.

Key takeaways:

  • ESG reports are a vital tool for investors who want to ensure that their investments align with their values.
  • You can find ESG reports on company websites, ESG research providers, government websites, non-profit organizations, and social media platforms.
  • ESG research providers such as MSCI, Sustainalytics, and Refinitiv provide scores or rating based on a company’s ESG performance.
  • ESG reports from non-profit organizations like CDP tend to be free of cost.
  • Companies often post their ESG reports on their social media pages.

Aon ESG Leader: Who’s at the Helm

Sustainability has been an increasingly vital aspect of corporate culture in recent years, and Aon is well-positioned to lead the way in this initiative. But who is in charge of Aon’s Environmental, Social, and Governance (ESG) efforts? Let’s take a closer look.

The Role of Aon’s ESG Leader

Aon takes its ESG responsibilities seriously, and the company has made it clear that this is a priority. As a result, Aon has a dedicated ESG leader who is responsible for overseeing all related efforts at the company. This person is tasked with driving the ESG strategy, ensuring that it is implemented correctly, and measuring the effectiveness of the initiative.

Meet the Leader of Aon’s ESG Efforts

So who, exactly, is leading the charge on ESG at Aon? That would be Eric Andersen, Aon’s co-president. Andersen moved into this role in 2015, and he has been instrumental in continuing Aon’s sustainability efforts. Andersen has been with Aon for over 25 years and has held a variety of positions during this time, including leading Aon’s Midwest region and overseeing the company’s U.S. retail operations.

Andersen’s Vision for Aon’s ESG Efforts

Andersen is committed to upholding Aon’s commitment to ESG and has spoken about his vision for the company in this regard. He believes that Aon can play a vital role in promoting sustainable business practices and reducing the impact of climate change. He is also committed to ensuring that Aon’s ESG efforts are integrated into the company’s overall business strategy, rather than being seen as a separate initiative.

Key Takeaways

  • Aon has a dedicated ESG leader responsible for driving the sustainability strategy.
  • Eric Andersen, Aon’s co-president, is currently in charge of the ESG efforts.
  • Andersen has a vision for Aon’s ESG efforts and is committed to promoting sustainable business practices.
  • Aon’s ESG efforts are integrated into the company’s overall business strategy.

In conclusion, Aon takes its ESG responsibilities seriously and is committed to ensuring that these efforts are integrated into the company’s overall business strategy. With Eric Andersen at the helm, Aon’s ESG efforts are in good hands. As sustainability continues to play an essential role in corporate culture, Aon is well-positioned to lead the way.

What does Aon do for the environment

Aon is an insurance and risk management company that is committed to creating a sustainable future by reducing its environmental impact. They have been recognized as a leader in sustainability by various organizations and are constantly working towards reducing their carbon footprint.

Here are some of the ways Aon is contributing to a more sustainable environment:

Green Buildings

Aon has made a commitment to reducing its environmental impact by constructing and renovating its buildings to meet LEED (Leadership in Energy and Environmental Design) standards. Some of their green building features include:

  • Efficient energy systems to reduce energy consumption
  • Water-efficient landscaping and plumbing fixtures
  • Use of recycled materials in construction
  • Use of renewable energy sources, such as solar panels and wind turbines

Carbon Footprint Reduction

Aon is committed to reducing its carbon footprint by setting targets, monitoring progress and taking action. Here’s what they’re doing to minimize their impact:

  • Encouraging their employees to use public transport and carpooling
  • Using video conferencing to reduce business travel
  • Lowering electricity consumption through energy-efficient equipment
  • Recycling and proper disposal of waste to reduce landfill

Sustainable Operations

Aon is working to create a sustainable future by integrating sustainable practices in their daily operations, including:

  • Encouraging recycling and waste reduction programs
  • Implementing sustainable procurement policies
  • Partnering with sustainable vendors and suppliers
  • Incorporating green IT practices, such as cloud computing to reduce server needs

Community Outreach

Aon believes in giving back to the community and supporting initiatives that contribute to a sustainable future. Here’s how they’re making a difference:

  • Sponsoring local clean-up projects and community gardens
  • Volunteering for environmental causes
  • Educating the community on sustainability practices
  • Investing in green bonds and sustainable funds

Aon understands the impact of climate change and is working hard to minimize their contribution to it. Their efforts are commendable and show their commitment to creating a sustainable future. As individuals, we can all learn from Aon’s approach to sustainability and take action to reduce our environmental impact.

What are the Goals of Aon Sustainability

Aon has been driving sustainability initiatives that support its environmental, social, and governance (ESG) action plans. By enabling sustainable growth, the company aims to create a positive impact on its stakeholders, including employees, clients, shareholders, and the society at large.

Here are some of the goals that Aon aims to achieve:

1. Reduce Carbon Emissions

Aon aims to reduce its carbon emissions to become a net-zero organization by 2030. The company is working on cutting down its operational carbon footprint through various initiatives such as switching to renewable energy sources, optimizing travel, and adopting sustainable business practices.

Some of the ways Aon is reducing carbon emissions are:

  • Investing in renewable energy and offsetting energy usage by purchasing renewable energy certificates
  • Encouraging the use of virtual meetings instead of travel
  • Promoting sustainable office practices such as recycling, reducing paper usage, and energy-efficient lighting

2. Promote Sustainability and Social Responsibility

Aon believes that sustainability and social responsibility are key to creating long-term value for all stakeholders. The company aims to:

  • Integrate ESG factors into its business operations, risk management, and investment decisions
  • Encourage its employees to engage in sustainable practices and social responsibility initiatives
  • Support communities by promoting economic, environmental, and social sustainability

3. Foster Diversity, Equity, and Inclusion

Aon recognizes that a diverse and inclusive workplace is essential for innovation and growth. The company aims to create an environment where everyone feels valued, respected, and empowered to bring their best selves to work.

Some of the ways Aon fosters diversity, equity, and inclusion are:

  • Providing equal opportunities for career development, training, and advancement
  • Offering benefits and policies that support diverse needs and workstyles
  • Encouraging diversity of thought and perspective

4. Ensure Data Privacy and Cybersecurity

Aon understands the importance of data privacy and cybersecurity in the digital age. The company aims to protect the privacy and security of its employees, clients, and stakeholders by:

  • Adhering to data protection regulations and standards
  • Maintaining strict cybersecurity protocols
  • Educating employees and clients about privacy and security best practices

In conclusion, Aon’s sustainability goals are the cornerstone of the company’s commitment to creating a sustainable future for all. The company’s sustainable initiatives drive positive change and demonstrate its commitment to fostering a better world.

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