Our Corporate Responsibility Priorities
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Our Corporate Responsibility (CR) strategy and priorities align with and reflect our stakeholders— our policy owners and clients, employees and agents, and our communities and service providers. In developing this report, we partnered with an external organization to conduct a materiality assessment to identify and evaluate potential environmental, social, and governance (ESG) issues that affect our stakeholders. That assessment has identified four priority areas:
OUR PEOPLE
OUR COMMUNITIES
OUR ENVIRONMENT
OUR GOVERNANCE
Talent Attraction, Retention, and Development: Developing and supporting our employees and agents through training and benefits.
Community Engagement: Empowering our communities and giving back through our time, talent, and resources.
Emissions Reductions: Taking responsibility for minimizing our carbon footprint and reducing emissions where possible.
Ethics: Upholding the highest standards of ethical behavior and best practices in our operations and governance.
Financial Security and Inclusion: Ensuring financial stability is accessible and sustainable, and offering responsible products and investments.
Energy Reductions: Committing to protecting the environment and reducing consumption.
Public Policy Practices: Responsibly and transparently engaging with the government to promote informed public policy.
Diversity, Equity, and Inclusion: Cultivating and supporting a workforce that is diverse in background and thought.
Data Privacy and Cybersecurity: Protecting private information and personal data against all attacks.
2019
2013
The New York Life Foundation donates $5 million for the 9/11 Memorial & Museum Education Center.
February 19, 2013
2020
New York Life’s Grief-Sensitive Schools Initiative surpasses 1,000 schools nationwide, taking action to foster a culture of grief sensitivity.
October 3, 2017 New York Life introduces an employee benefit to ease the burden of student debt.
July 19, 2018 New York Life partners with leading grief support provider Judi’s House and releases groundbreaking national bereavement estimation tool.
February 7, 2019
July 11, 2019
The New York Life Foundation grants Classroom, Inc. $2 million to support national expansion of out-of-schooltime programs for middle school youth.
New York Life | Corporate Responsibility Report 2019-2020 | 6
The New York Life Foundation launches the Brave of Heart Fund to support families of healthcare workers who lost their lives protecting others during the COVID-19 pandemic.
July 23, 2019
The New York Life Foundation awards $1.35 million in grants to out-of-schooltime programs to help middle school students transition to 9th grade.
May 28, 2020