Singlife Sustainability Strategy

A Better Way to Sustainability

Creating long-term sustainable value for our stakeholders

Tree planting

Sustainability is one of the core pillars of our business strategy. As a leading financial services company, Singlife with Aviva is committed towards charting a Better Way to Sustainability and creating a positive impact through our sustainability agenda.

- Pearlyn Phau, Group CEO, Singlife with Aviva

Mission

Singlife will create long-term positive impact for our stakeholders through our sustainability agenda

Vision

Singlife will chart a Better Way to Sustainability and achieve net zero carbon emissions aligned with the national target by 2050.

Our Sustainability Strategy

We will create long-term sustainable value for our stakeholders by embedding sustainable practices & contributing towards achieving “Net Zero” in line with the national target

 

Our Sustainability Agenda 

Our sustainability agenda supports our business strategy & cuts across these 3 strategic focus areas:

Investments products operations

BUILD A SUSTAINABLE BUSINESS

Building a Sustainable Business through Responsible investments, Innovative sustainable products & Carbon neutral operations

Financial Literacy and Skills building

SUPPORT OUR PEOPLE, CUSTOMERS & COMMUNITY

Fostering positive relationships with our customers, people and community, developing financial literacy & skills building programs

Right risk culture and disclosure

OPERATE TRANSPARENTLY & ETHICALLY

Operating with the right risk culture, practices & controls, making right decisions & complying with the law & disclosing our progress in sustainability  

Disclosure and Reports

Climate-related Financial Disclosure 2021

We are pleased to present Singlife with Aviva’s very first climate-related financial disclosure. This report was prepared as part of our commitment to sustainability and is aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). It also addresses the Environmental Risk Management Guidelines for Insurers (ENRM Guidelines) published by the Monetary Authority of Singapore (MAS) in December 2020.

As both an insurer and investor, we recognise the importance of understanding and managing both the physical and transition impacts of climate change on our business. In this report, we will demonstrate how Singlife identifies, assesses and manages climate-related risks and opportunities for our business operations, underwriting and investment activities. As we continue to work towards addressing climate change, we look forward to maturing our sustainability approach and sharing more on our progress over the long-term. 

Commitments and Awards

SSP Logo
UN Environment Programme Logo