AIG appoints Waldner as first chief sustainability officer to lead strategy

American International Group (AIG) has created a position of chief sustainability officer to lead the development and implementation of a company-wide sustainability strategy.

The insurer has appointed Jennifer Waldner to fill the role, effective immediately. She will report to Thomas Leonardi, AIG’s executive vice president and vice chair, AIG Life Holdings.

For the past ten years, Waldner has held positions of increasing responsibility within AIG. She has more than 20 years’ experience working on matters related to corporate citizenship and sustainability.

In her new role, Waldner will have accountability for implementing AIG’s sustainability strategy and developing a corresponding reporting structure. She will lead a cross-functional team to drive global sustainability initiatives while influencing and mobilizing the execution of AIG’s sustainability strategy across the organisation.

Meanwhile, the company has issued its first Task Force on Climate-related Financial Disclosures (TCFD) report, which contains additional information about the company’s environmental, social and human capital initiatives.

“The creation of a Chief Sustainability Officer position reflects AIG’s ongoing commitment to sustainability as an insurer, investor, employer and corporate citizen, along with our efforts to take a thoughtful, coordinated approach across our global footprint," said Leonardi. "Jen’s expertise on sustainability matters and in-depth understanding of AIG’s businesses uniquely position her for success in this important role.”

Waldner commented: “I look forward to working with colleagues around the world to evolve AIG’s sustainability strategy and to enhance our reporting approach. The release of our first TCFD report is an important step in this process, and one on which we will continue to build.”

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