Dear Stakeholders
As a purpose-driven company powered by purpose-driven people, Allstate empowers customers, creates opportunity for our team, delivers value for shareholders and improves society.
We believe that actions speak louder than words, which is why we have integrated strong environmental, social and governance (ESG) principles and practices into Allstate’s culture and business strategy for decades
Our approach has produced strong outcomes:
- industry-leading customer-centric innovations that deliver economic and social benefits such as telematics and pay-per-mile insurance.
- strong returns in Allstate’s investment portfolio.
- a resilient, diverse and ethical workforce with an empowered workplace culture that leverages differences to strengthen decision-making.
- a robust approach to managing climate risk Allstate seeks to create the future, not just react to trends.
Allstate's societal engagement is focused on climate, data privacy and equity, which link to Our Shared Purpose and are where we have the capabilities and platform to create meaningful change.
These issues matter to our business and society. We have actively addressed climate change for over 25 years since it damages customers’ homes and impacts shareholder returns. Data privacy threatens customers' identities and impacts operating practices. Equity is a core value of our team.
We have made good progress since we first began reporting on ESG topics in 2003, but there is more to do. We welcome your feedback as we advance how Allstate delivers on our promise to society.
THOMAS J. WILSON
Chair, President and CEO