the hartford chief sustainability officer

Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. New sustainability reporting standards, such as from the International Sustainability Standards Board, necessitate rigorous internal control and measurement systems, similar to those for financial reporting. 2014 Sstaiailit Report 4 ABOUT OUR COMPANY 2014 OVERVIEW Terence Shields - Chief Sustainability Officer and Deputy General Investment by governments, corporations and investors into technologies, infrastructure, services and other areas that will help promote global sustainability objectives is occurring at an unprecedented rate. Doing more starts with being open and transparent about our results and where were advancing. FSU hires new Chief Facilities Officer Amwins is headquartered in Charlotte, North Carolina. Having the company bring along the CSO is a strong signal to investors. Space Hippie is Nikes lowest-carbon-footprint shoe based on recycled content, and innovations from that effort have been applied to other products. Were honored to earn the premier global recognition for our organizational DEI initiatives that drive representation and inclusion for women. matthew.sturdevant@thehartford.comInvestors: http://www.businesswire.com/news/home/20221201005216/en. The Associated Press is an independent global news organization dedicated to factual reporting. As the New Jersey insurance fraud prosecutor, Thompson supervised a staff of over 100 people who investigated and prosecuted insurance fraud, including health care, auto, Medicaid, disability and workers compensation. The second stage was understanding and responding to increasingly sophisticated stakeholder issues. Soni, the company's chief information officer, now oversees Technology, Data, Analytics & Information Security. https://www.businesswire.com/news/home/20221201005216/en/. Dec 2022 - Present7 months Lead The Hartford's Office of Sustainability in guiding enterprise ESG strategy, initiatives, governance and disclosures. We argue in this article for four major changes to the CSO role. Shields dually reports to Chief Marketing and Communications Officer Claire Burns and General Counsel David Robinson. These important risks and uncertainties include those discussed in our 2021 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. Our view of corporate sustainability centers around developing business strategies and solutions to serve the needs of our stakeholders, while embracing the necessary innovation and foresight to ensure we are able to meet those needs in the decades to come. PRESS RELEASE PR Newswire . . The chief sustainability officer, sometimes known by other titles, is the corporate title of an executive position within a corporation that is in charge of the corporation's "environmental" programs.Several companies have created such environmental manager positions in the 21st century to formalize their commitment to the environment. We believe that incorporating ESG attributes into investment analysis provides a more complete assessment of the risks associated with each investment decision. Narrowing the focus to ESG issues that are material to a companys value creation represents an evolution in the CSO role, according to Matthieu Rich, who leads sustainability at the French retailer Groupe Casino. Our commitment to an inclusive culture includes the network we work with. Were proud to have been recognized for our continued efforts by the Human Rights Campaigns annual Corporate Equality Index for the 14th year and by being named a World's Most Ethical Company, Read our story of deliberate transformation. Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Third, it is crucial to enhance the integration between corporate boards and the CSO function, as well as overall corporate sustainability efforts. Thats why were committed to prioritizing people, coming together to find the common good that keeps us connected. Consumers, employees, and activists are becoming more attentive to the misalignment between sustainability goals, lobbying, and campaign finance activities. Because we believe a diverse, equitable and inclusive culture is key to unlocking the best kind of work environment. In 2020 Pete Sheffield, who has a background in public policy and government relations, became the CSO at the North American energy infrastructure company Enbridge. Terryn Lawrence Named Chief Sustainability Officer, Rabobank North America By continuing to use our service, you agree to our use of cookies. He was an early signatory to the, Swift remains at the forefront of CEOsdiscussing the need for public-private partnerships to address mental health and addiction in the workplace. The result is everything is material maps that offer a laundry list of ESG issues and inspirational goals but have little credibility on the specifics of execution. CFOs will also have to change. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. Shields has held a variety of leadership roles since joining The Hartford in 2006, most recently, serving as head of Corporate Law and interim head of sustainability. Royalties Inc. The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. Mining companies focus on their impact on the communities that surround their operations. The The Hartford Executive Team is rated an "A-" and led by CEO Christopher Swift. View the, https://www.businesswire.com/news/home/20221201005216/en/, The Hartford’s legal notice, @ the Bell: TSX defies global downward trends. HARTFORD, Conn.-- ( BUSINESS WIRE )-- The Hartford has appointed Lori Rodden as chief human resources officer, effective Oct. 1. Terence will further The Hartfords legacy of leadership in environmental action, social responsibility and the highest standards of corporate governance.. 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CSOs can be more impactful if they focus instead on integrating material ESG issues into corporate strategy, engaging with investors, and collaborating with senior leadership. 2020 Sustainability Highlight Report. At Nike, CSO Noel Kinder, who began his career in supply chain and manufacturing, reports to the president of advanced innovation and the COO. He was also instrumental in strengthening the balance sheet through the sale of its individual life and retirement plans businesses and reducing debt. The Hartford Names Terence Shields Chief Sustainability Officer Apparel and food companies focus their efforts on suppliers. The HR department and the Marketing department are more confident in their Executive Team, while the Product department and employees . PDF Environment | Business | Community | Employees The Hartford has appointed Terence Shields to the newly created role of chief sustainability officer, leading Environmental, Social and Governance (ESG) efforts across the enterprise. "World's Most Ethical Companies" and "Ethisphere" names are registered trademarks of Ethisphere LLC. The Hartford Names Claire Burns Chief Marketing And Communications Officer It is time to acknowledge that no corporation can manage all stakeholder interactions with the same level of intensity, and that stakeholder interests always present trade-offs. If you change your Facebook permissions to restrict Stockhouse from receiving your email while joining or signing in to Stockhouse then it will fail. The AP news staff was not involved in its creation. The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. The frameworks provided by the Universal Declaration of Human Rights and the United Nations Guiding Principles on Business and Human Rights inform, influence and help shape ongoing improvements to business practices in our own operations, as well as those of our suppliers and business partners. It is not a coincidence that these are the issues where the companies in question have worse reputations than firms in other sectors and face the most pressure from activists. The Hartford Names Claire Burns Chief Marketing And Communications Officer The Hartford has appointed Terence Shields to the newly created role of chief sustainability officer. An important feature of this commitment is regular, transparent and best practice-aligned disclosure of our corporate sustainability actions and progress. HARTFORD, Conn., December 01, 2022 -- ( BUSINESS WIRE )-- The Hartford has appointed Terence Shields to the newly created role of chief sustainability officer, leading Environmental,. The number of Chief Sustainability Officers (CSOs) at corporations globally is skyrocketing. The Hartfords investment portfolio is invested across a range of opportunities that evidence our sustainability objectives and commitments, while also delivering returns that support The Hartfords overall financial and strategic goals. Shields will lead the Office of Sustainability as it guides The Hartford's overall ESG strategy, initiatives and disclosures and will oversee the execution of the company's ESG agenda. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. These important risks and uncertainties include those discussed in our 2021 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com. The Hartford CEO and key executive team | Craft.co Because of that were able to realize more thoughtful and inclusive decision outcomes. These important risks and uncertainties include those discussed in our 2021 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. Shields will lead the Office of Sustainability as it guides The Hartford’s overall ESG strategy, initiatives and disclosures and will oversee the execution of the company’s ESG agenda. Swift, Chairman & CEO Environment At The Hartford, we recognize that climate change represents a large and increasingly significant risk for our stakeholders and that the insurance industry has a significant role to play in supporting the energy transition. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. As CSO Jennifer Motles explains, It establishes a framework, which is specific to the company, and clearly defines KPIs that can provide our organization with a method for making the connection between the companys purpose, strategic direction, financial performance, and environmental and social considerations. PMI uses 19 key performance indicators that help measure progress toward its 2025 goal of becoming a majority smoke-free business. CSOs must shift their focus from merely appeasing stakeholders to actively engaging with investors in order to explain how sustainability contributes to value creation. Chief sustainability officer - Wikipedia Moving the focus from feel-good corporate social responsibility to hard-nosed sustainable value creation requires pragmatic leaders who are willing to admit that not all ESG measures are win-winthat is, good for the planet and for the bottom line. More information on the company and its financial performance is available at https://www.thehartford.com. The Hartford Executive Team | Comparably Shields holds a bachelors degree in psychology from the University of Michigan and a juris doctorate from Boston College Law School. In this newly created role, he will lead efforts to further integrate ESG principles across the enterprise as we seek to create and preserve value for all of our stakeholders. We assume no obligation to update this release, which speaks as of the date issued. Your email address will not be published. Empowering investors to better analyze corporate ESG efforts will also improve the rigor of conversations they can have with CSOs. The CSO role is finally becoming strategic, if you define strategy as the art of choosing what not to do. More information on the company and its financial performance is available at https://www.thehartford.com. We will not release or resell your information to third parties without your permission. Numerous companies have reacted to pressure from vocal stakeholders by exaggerating their sustainability commitments or making virtuous public statements devoid of concrete action.

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