Northwestern Mutual Accelerates ESG Momentum in 2022 Sustainability Report
New report details company's environmental, social and governance practices and progress
"Doing what's right has always been at the core of what we do. Our ESG commitment is an extension of our lasting promises and practices, guiding how we deliver real, sustainable outcomes for our people, partners, communities and planet," said
The report details
- Investing in socially and environmentally responsible assets within the company's general account – done without compromising return objectives.
- Creating healthy, sustainable communities, and helping close the racial wealth gap – with investments from its
$100 million impact investing fund directed toward building strong physical and social infrastructure, increasing access to capital for Black entrepreneurs, and strengthening historically underserved neighborhoods. - Acting as a world-class citizen to make lasting societal impact through the
Northwestern Mutual Foundation – including more than$45 million in contributions to accelerate the search for better treatments and cures for childhood cancer. - Establishing a baseline carbon footprint consistent with Greenhouse Gas Protocol, filing its first
Task Force on Climate-Related Financial Disclosures (TCFD) report, and reducing paper use, which cut related CO2 emissions by 47% – the equivalent of removing 670 vehicles from the road.
The company's sustainability report can be downloaded here.
About Northwestern Mutual
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