Dear Stakeholders

For over 90 years, Allstate has protected people from life's uncertainties to help them achieve their hopes and dreams. It's the why behind everything we do.

We focus on creating the future of protection and a safer, more sustainable world. Our sustainability strategy aligns with Our Shared Purpose and this year's Sustainability Report explains how we help address societal challenges by focusing on People, Planet and Prosperity.

  • People: Allstate is stronger with an inclusive culture and diverse team. Our Shared Purpose includes Inclusive Diversity & Equity as a core value, which means considering and leveraging unique identities with equitable opportunity and rewards.
  • Planet: Climate change has increased the severity of weather catastrophes, negatively impacting our customers, communities and shareholders. Catastrophe losses totaled $5.6 billion in 2023, an 81% year-over-year increase. Allstate is advocating for stronger building codes, adequate disaster response capabilities and public-private partnerships to help homeowners. We are also pursuing attractive returns for shareholders by investing in the transition to a lower carbon economy.
  • Prosperity: Personal information is necessary to empower customers with accurately priced protection and support them when disaster strikes. To serve customers, we strive to use industry-leading data privacy practices and influence public policy on data privacy. It's simply the right thing to do.

Allstate has made substantial progress on sustainability since initiating this report over 20 years ago, but given a rapidly changing world, there is more work to do. Our Shared Purpose unites us, our values define who we are, and our operating standards and behaviors embody how we work. Collectively, they guide us in building a sustainable, customer-forward business.

THOMAS J. WILSON

Tom Wilson Signatures

Chair, President and CEO