Governance matters

We’re proud of our responsible business practices

We're planning and managing our business so we are commercially resilient against the risks of climate change, ensuring we're a sustainable partner.

Our efforts to address climate change are overseen by the Aegon UK Sustainability Board, reporting into the Aegon Global Sustainability Board. The UK Sustainability Board is tasked with evaluating new climate developments affecting our business activities and recommending actions as necessary.

We strive for consistent disclosure when it comes to climate change and sustainability and have been supportive of the recommendations of the Task Force on Climate related Financial Disclosures (TCFD) since 2017.

Our Board is accountable for all aspects of corporate sustainability.

Sustainable business practices are firmly established in our operations.

Our inaugural TCFD report sets out our approach to managing financial risk from climate change.

Our partners matter

We want to partner with organisations that match our values

We recognise the impact our supply chain has on the environment and our communities, and we’re committed to including them in our positive impact initiatives.

We work closely with our partners to make sure high standards of business conduct, as reflected in our Vendor Code of Conduct.

We encourage all tier one suppliers to sign-up to EcoVadis – a global company who independently assess a business’s Corporate Social Responsibility credentials or use an alternative of their own choice.

We're a member of Social Enterprise UK and we've set a target of spending £100,000 on social enterprises in 2022.

In June 2021 we were formally recognised as a Living Wage Employer. As a direct result, two of our on-site suppliers will make positive changes in their remuneration structures.