Corporate impact

Guardian has a long and proud history of putting people first, investing in our communities, and operating with the utmost integrity. As we have evolved over the years, we’ve retained the business structure and unique philosophy that define a mutual company: a strategic focus on our consumers and a longer-term view of profitability and decision-making with their well-being in mind. This was true in 2022 as we continued our transformation.

Our approach comes to life through the pillars of our corporate impact strategy:

Two friends in their 20's work in a garden together. They're dressed in tee shirts, holding freshly pulled carrots.
Environmental
‍We seek to reduce our impact on the environment by implementing climate risk and sustainability practices into how we operate.
Three multi-ethnic women standing at a desk, looking over a laptop.
Social
‍We help our communities thrive through philanthropy and colleague engagement, foster a just and equitable workplace, and engage with diverse suppliers for an inclusive supply chain.  
Two colleagues sit around a small coffee table. One holds a pen, sitting in front of a small amount of paperwork. They smile at each other.
Governance
‍As a modern mutual insurance company, we maintain a governance structure and environment that support the long-term interests of our consumers and colleagues.   
A man in his 30's has drawn a windmill in his notebook. He takes a photo of the windmill with his phone.
Responsible investing
‍We consider environmental, social, and governance factors part of our mandate to help deliver strong returns and reduce risk for our policyholders.    
Coordination across these pillars will make us a more successful and resilient company. In 2022, we made significant progress in integrating these considerations throughout our business, culture, and long-term priorities.

Highlights

We developed a policy for mitigating the impact of climate-related financial and operational risks to our business, introduced an enhanced process to track Scope 1 and Scope 2 greenhouse gas emissions data, and completed an initial analysis of cloud suppliers’ energy usage.

We sponsored more than 1,000 colleagues who earned Justice, Equity, Diversity, and Inclusion (J.E.D.I.) certification, where they learn and practice inclusive leadership. We increased diverse supplier spending by 52%, and we earned a 100% on the Corporate Equality Index for the sixth consecutive year.

Guardian colleagues tracked over 16,500 volunteer hours and supported more than 3,000 nonprofits. Between colleague and Guardian contributions, total giving reached $7.5 million.

Guardian formalized an ESG governance structure from board level to working groups, and we established a sustainable procurement function to coordinate management of the environmental, social, and governance impacts of our supply chain.

We established a responsible investment policy that provides a framework for embedding ESG risks in our analysis of investments. We cumulatively invested $585 million in private debt for renewable energy and related infrastructure projects, and we cumulatively invested $380M in green bonds.

Guardian completed $1.7 billion in trading with minority-, women-, and veteran-owned broker dealer firms.

This partnership helps students bridge the gaps between mental, physical, and financial wellness.

Ray Martinez
Co-founder and President, EVERFI
Meet EVERFI
Each student is like a seed that can impact their families, friends, and community.

Francine Chew
Head of Corporate Social
Responsibility at Guardian‍

More on our corporate impact journey 

Guardian’s inaugural Corporate Impact Report will be published in May 2023. Until then, read more in our 2021 corporate impact fact sheet.

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