27
PRIORITIES & PROGRESS: HEALTH & WELLBEING | SUSTAINABLE INVESTMENT | SUSTAINABLE OPERATIONS | PEOPLE & CULTURE | EFFECTIVE GOVERNANCE
EFFECTIVE GOVERNANCE MANA WHAKAHAERE WHAI TIKANGA
PILLAR
STRATEGIC PRIORITIES
2024 PROGRESS
SUSTAINABLE DEVELOPMENT GOALS
EFFECTIVE GOVERNANCE
1. Diverse and qualified Board of Directors (Board) Foster business integrity and sound decision making through a diverse and highly qualified Board.
• At least half the AIA NZ Board are independent non-executive directors; five of our seven directors are female. • To ensure the Board collectively possesses the skills and experience necessary to make an effective Board, a Board Skills Matrix and Board Renewal policy assist in the review of Board composition. • Annual updates on ESG best practices and progress against KPIs. • Conducted 2024 Risk Culture Survey, achieving an overall company score of 4.27 out of 5. • ESG risk monitoring has been integrated as an agenda item at key risk forums, and where current risk exposures are identified, these have been incorporated into BAU risk management. • Winner of Financial Services Council 2024 Excellence in Sustainability Practices award for the second year in a row. • Active member of the Sustainable Business Council and FSC Climate and ESG Committee. • Published our inaugural Climate Statements under the Climate-related Disclosures regime.
Effective Governance is the foundation of AIA NZ’s responsible business conduct, ensuring we operate with integrity and accountability.
SDG 16 Peace, Justice
and Strong Institutions
2. ESG risk management Effectively manage ESG-related risks and opportunities throughout our business.
3. ESG leadership Lead the promotion of ESG best practice in Aoteroa New Zealand.
AIA New Zealand Limited Sustainability Report 2024
Powered by FlippingBook