Impact Report 2023
A Message From Our Head of ESG
From the Desk of Leslie Follmer:
Thank you for reading Aon’s 2023 Impact Report.
At Aon, our impact is about what we do as a firm and what we do for our clients. I’m delighted to share the continued progress we’ve made against our long-term commitments, which are deeply embedded in our overall strategy and require the support of our full firm to deliver.
In 2023, we advanced our existing core commitments and new initiatives across the following focus areas:
Environmental
As a firm, we remain committed to achieving net-zero carbon emissions by 2030 and calibrate and constantly measure our progress. We continue to work to manage and measure our total footprint through the key drivers of travel, commuting, real estate, investments and our supply chain, with the support from Aon Business Services and our flexible Smart Working strategy. As we drive efficiencies in our operations and cost base, we have found that this not only helps us manage our carbon footprint but it also improves employee wellbeing and client service. Our colleagues play an active role in our sustainability efforts through our new global Sustainability Network, where climate-focused ideas and actions are shared and amplified across our firm.
Social
Our colleagues are at the heart of everything we do, and our Aon United strategy is designed to attract, retain, develop, reward and support our people. Inclusion remains an essential part of our culture, and we continue to take steps to embed inclusive principles and practices throughout our organization. Our culture of feedback allows us to be more agile in addressing the needs of our colleagues. As of December 2023, colleague engagement remained at 80 percent, in line with our firm’s all-time high scores. Our managers are essential to engagement and development and we’re particularly pleased to report that 83 percent of respondents felt their managers supported their career development.
More broadly, we aim to reflect our values and social commitments in our work with clients, business practices, community involvement and philanthropic efforts. Our work this year with the IFRC in the UK is a fantastic example of how we’re using our core capabilities around risk to help communities increase their resilience.
Governance
We remain committed to the highest ethical and compliance standards and design our governance structures to inform business decisions and improve the way we serve our clients. Our Board of Directors regularly reviews environmental, social and governance risks – and in 2023 we enhanced certain Enterprise Risk Management (ERM) definitions to further address and highlight these risk. Board and ERM program oversight includes ongoing review of cyber/data security and privacy matters. In addition, our Inclusion and Wellbeing Sub-Committee of our Board of Directors continues to provide oversight and guidance on these essential strategies and initiatives.
It’s been an incredible year, and we look forward to building on this progress in 2024 – as we continue to create value and positive impact for clients, colleagues and all stakeholders.
Thank you,
Leslie Follmer
Head of Investor Relations and ESG, Aon plc
Aon's Better Being Podcast
Our Better Being podcast series, hosted by Aon Chief Wellbeing Officer Rachel Fellowes, explores wellbeing strategies and resilience. This season we cover human sustainability, kindness in the workplace, how to measure wellbeing, managing grief and more.
Cyber Labs
Stay in the loop on today's most pressing cyber security matters.
Cyber Resilience
Our Cyber Resilience collection gives you access to Aon’s latest insights on the evolving landscape of cyber threats and risk mitigation measures. Reach out to our experts to discuss how to make the right decisions to strengthen your organization’s cyber resilience.
Employee Wellbeing
Our Employee Wellbeing collection gives you access to the latest insights from Aon's human capital team. You can also reach out to the team at any time for assistance with your employee wellbeing needs.
Environmental, Social and Governance Insights
Explore Aon's latest environmental social and governance (ESG) insights.
Q4 2023 Global Insurance Market Insights
Our Global Insurance Market Insights highlight insurance market trends across pricing, capacity, underwriting, limits, deductibles and coverages.
Regional Results
How do the top risks on business leaders’ minds differ by region and how can these risks be mitigated? Explore the regional results to learn more.
Human Capital Analytics
Our Human Capital Analytics collection gives you access to the latest insights from Aon's human capital team. Contact us to learn how Aon’s analytics capabilities helps organizations make better workforce decisions.
Insights for HR
Explore our hand-picked insights for human resources professionals.
Workforce
Our Workforce Collection provides access to the latest insights from Aon’s Human Capital team on topics ranging from health and benefits, retirement and talent practices. You can reach out to our team at any time to learn how we can help address emerging workforce challenges.
Mergers and Acquisitions
Our Mergers and Acquisitions (M&A) collection gives you access to the latest insights from Aon's thought leaders to help dealmakers make better decisions. Explore our latest insights and reach out to the team at any time for assistance with transaction challenges and opportunities.
Navigating Volatility
How do businesses navigate their way through new forms of volatility and make decisions that protect and grow their organizations?
Parametric Insurance
Our Parametric Insurance Collection provides ways your organization can benefit from this simple, straightforward and fast-paying risk transfer solution. Reach out to learn how we can help you make better decisions to manage your catastrophe exposures and near-term volatility.
Property Risk Management
Our Property Risk Management collection gives you access to the latest insights from Aon's thought leaders to help organizations make better decisions. Explore our latest insights to learn how your organization can benefit from property risk management.
Technology
Our Technology Collection provides access to the latest insights from Aon's thought leaders on navigating the evolving risks and opportunities of technology. Reach out to the team to learn how we can help you use technology to make better decisions for the future.
Top 10 Global Risks
Trade, technology, weather and workforce stability are the central forces in today’s risk landscape.
Trade
Our Trade Collection gives you access to the latest insights from Aon's thought leaders on navigating the evolving risks and opportunities for international business. Reach out to our team to understand how to make better decisions around macro trends and why they matter to businesses.
Weather
With a changing climate, organizations in all sectors will need to protect their people and physical assets, reduce their carbon footprint, and invest in new solutions to thrive. Our Weather Collection provides you with critical insights to be prepared.
Workforce Resilience
Our Workforce Resilience collection gives you access to the latest insights from Aon's Human Capital team. You can reach out to the team at any time for questions about how we can assess gaps and help build a more resilience workforce.
As we drive efficiencies in our operations and cost base, we have found that this not only helps us manage our carbon footprint but it also improves employee wellbeing and client service.
Related Information
-
Translated 2023 Impact Report
-
Related Materials
-
Related Policies
Impact Report 2023
-
Environmental Impact
Aon is committed to driving commercial and societal action to help the transition to a net-zero economy and improve resilience in a changing climate.
Environmental Impact
-
Social Impact
We continue to build on actions and programs that support inclusion, workforce wellbeing and civic outreach to build an equitable culture.
Social Impact
-
Governance Impact
Our own model is built for transparency and trust, helping us bring our purpose to life and create value for clients and colleagues.
Governance Impact