AIA Philippines, formerly Philam Life and one of the country’s largest life insurance companies, won two honors at the prestigious HR Asia Awards, the Best Companies to Work For Award and Sustainable Workplace Award, spotlighting the company’s commitment to employee well-being and workplace sustainability.
The HR Asia Best Companies to Work For recognizes organizations identified as one of the top employers in the region, with AIA Philippines employees having reported high work engagement and satisfaction. The insurer previously won the accolade in 2018 and 2020.
At AIA Philippines, People and Culture is among the key areas of the company’s environmental, social, and governance (ESG) strategy, encompassing priorities such as development and career progression, diversity and inclusion, equal opportunities, and risk awareness.
Some concrete measures in achieving the goals include adding more women in the workplace and in leadership positions, increasing training for employees, institutionalizing a network of LGBTQIA+ members and allies, rewarding performance, and strengthening sanctions for workplace violations.
AIA Philippines’ core focus of health and wellness has also been crucial in instilling a work-life balance for its employees. AIA Philippines offers a complete suite of protection and long-term savings products both for customers and employees, and the insurer’s partnership with MediCard boosts employee access to the best offerings addressing various health needs.
“AIA Philippines is guided by the philosophy of ‘Doing the Right Thing, in the Right Way, with the Right People…and the Right Results will come,’” said AIA Philippines Chief Human Resource Officer Ellen Imasa. “In order to deliver exceptional care to customers, we support our employees first. The honor of being one of HR Asia’s Best Companies to Work For inspires us to help more Filipinos live longer, better, and healthier lives.”
Meanwhile, the HR Asia Sustainable Workplace Award honors companies that demonstrate environmental responsibility and sustainable business practices, showcasing AIA Philippines’ exceptional leadership in fostering a culture of sustainability.
Among the strategic priorities under AIA Philippines’ Sustainable Operations include ensuring green buildings, improving environmental performance, increasing digitalization and automation to reduce paper usage, and encouraging improvements in ESG performance.
Another sustainability initiative of AIA Philippines includes targeting net-zero greenhouse gas emissions by 2050, in line with the United Nations’ “Net Zero Coalition” push.
“Our commitment to a green future is holistic—we develop it in our workplaces, operations, and the value chain,” added Imasa. “The recognition as one of HR Asia’s Sustainable Workplaces shows that AIA Philippines is taking the step in the right direction.”
AIA Philippines’ ESG strategy encompasses health and wellness (including financial inclusivity), sustainable investment, sustainable operations, people and culture, and effective governance.