March 2024 is two years since Dr. Hazel Berrard Amuah was appointed as the CEO for PLIG. In a conversation with her on ESG issues, she opined that at PLIG, there was an equal focus on internal ESG discipline as there was on external ESG discipline. In today's rapidly changing world, organizations face increasing pressure to incorporate environmental, social, and governance (ESG) considerations into their business strategies.

In today's business landscape, organizations face an evolving set of challenges and expectations. Environmental, social, and governance (ESG) considerations have become increasingly important as stakeholders recognize the broader impact of organizations beyond their financial performance. Understanding the key components of ESG—environmental, social, and governance—is crucial for organizations aiming to navigate this landscape successfully (https://blog.falcony.io/en/esg-audits-and-reporting).

In the last two years at PLIG, Dr. Hazel Berrard Amuah notes that from an internal ESG perspective, The PLIG Energy Efficiency league was introduced to encourage energy conservation amongst our branches. Tips on energy saving were shared regularly. The Koforidua branch emerged as the most energy efficient branch by reducing its energy consumption from 36368.64KW in 2021 to 14074.04KW by end of 2022. Overall, PLIG’s energy consumption dropped from 541,901.20kwh in 2021 to 498,530.07 in 2022 saving GHS 31,898.31 in annual energy spend.

Again, in the last two years, PLIG in collaboration with Wisconsin International University College also launched the Wisconsin Environment and Development Society (WEDS) under the ESG Impact Project on the university campus. WEDS was formally launched on 12th October 2022 to reinforce the collaboration between the Department of Development and Environmental Studies at Wisconsin International University College, Ghana, and Prudential Insurance Life (WIUC-DDES & PLIG). A ceremonial tree was planted, and a donation of 27 waste collection bins was made to benefit students and the broader university community. This was to facilitate the collection and separation of waste for recycling.

As part of its 2022 ESG Impact Project as well, PLIG engaged in a Market Clean up exercise on December 10, 2022 at the Tema Station bus terminal in Accra. This was in collaboration with the market women and key stakeholders. Fifty PLIG staff including members of the senior management team and agents participated in the cleanup exercise.

In 2024, PLIG’s approach to sustainability is at the core of their purpose: For Every Life, For Every Future. As a life and health insurer and long-term investor, PLIG’s sustainability ambition is to deliver real impact by taking proactive steps towards creating a sustainable, inclusive, and responsible future for its customers, people, shareholders, and the communities in which they operate.

The evolution of PLIG’s sustainable journey is in line with their mission to be the most trusted partner and protector for this generation and generations to come by providing simple and accessible financial and health solutions.

PLIG is charting a sustainable course for a prosperous future by deploying a sustainability strategy that leverages its business strengths to create long-term value for society and PLIG stakeholders.