As a long-term investor, we believe that there is a strong alignment between financially sustainable business models and robust governance practices that deliver a positive impact on the environment and society. RGA’s focus areas include decarbonization, climate risk, and social impact. We view this approach as not only supporting RGA’s mission and purpose but also fulfilling our objective to deliver strong, sustainable investment returns for our stakeholders.
We understand that sustainability is core to evaluating a company’s long-term viability, profit potential, and return on investment. RGA's Investment Team integrates sustainability concerns into our rigorous research, analysis, and ongoing monitoring of current and potential fixed-income assets. We take a fundamental sector-by-sector and investment-by-investment approach to partner with our investees to evaluate, not only their current environmental, social, and governance activities but also their efforts to transition to more sustainable impacts. Our Investment Team continues to advance our strategic sustainable investment approach in the following ways:
Increased investments in ESG-labeled bonds and other investments that align with targeted UN SDG's by $745 million
Achieved a 20% reduction in the carbon intensity of our public corporate bond portfolio
RGA’s investment portfolio supports the many long-term commitments made to our clients and the families those clients serve. For this reason, maintaining our financial strength through a disciplined and rigorous investment process that integrates environmental, social, and governance analysis is fundamental to both our business objectives and our corporate mission to make financial protection accessible to all. RGA's Board of Directors approved our ESG-integrated investment process and targets in April 2022 to establish a goal-oriented, execution-driven approach to achieve positive impacts through our responsible investments in the areas outlined here. We aim to achieve our targets by year-end 2026.
