Corporate Responsibility

We exist for good – the good of our policy owners, their families, and our communities.

As the largest mutual life insurance company in the United States1 and a Fortune 100 company, our mission is embedded in our responsibility to deliver peace of mind and financial security to our policy owners, 高于一切.

在这个报告中, we’ll share our commitment to Our People, 我们的社区, 我们的环境, 和我们的治理. It also details how important our commitment to environmental impact, connection with our communities, and proper 政府ernance is to the company’s long-term strategy and our efforts to be a force for good in society and for the environment.

Two ladies laughing and smiling together

Mutuality – being in it together – has served 合乐888登录注册 well for 175 years. I believe it will not only serve us for the next 175 years but can also serve as an example of what is possible when – together – we work to prepare the world for an even brighter future.

泰德Mathas

Chairman and CEO, 合乐888登录注册


Our Corporate Responsibility priorities reflect our core values.

DIVERSITY AND INCLUSION

Representing each and every community.

在合乐888登录注册, everyone is encouraged to feel comfortable bringing their full, authentic selves to work every day. We’re dedicated to fostering a diverse and inclusive work environment. Because we know that our differences help us do our best and most innovative work, providing financial security and peace of mind to our policy owners. 多样性 and inclusion are deeply embedded within our company’s culture, and we continue to examine new ways to emphasize this commitment.

58%2

of our workforce are women

50%2

of our Board of Directors consists of women and people of color

37%2

of our workforce are people of color

Woman talking on a cell phone

企业伦理

Working with integrity.

Our core value of Integrity is central to all facets of 合乐888登录注册’s business. Everything we do is dependent on people believing that we will never take chances with their future and trusting that we will always live up to the promises we make.

An Ethics Hotline is administered by an independent 3rd-party partner. It allows employees and the general public to report concerns of possible unethical or unlawful behavior to the company.


SHORT-TERM INCENTIVE PROGRAM

Committed to our employees.

合乐888登录注册’s annual, short-term incentive (“STI”) program, in which the company’s senior executives (including the CEO) participate along with other employees, currently includes consideration of certain strategic, non-financial environmental, social and 政府ernance (“ESG”) indicators. 在其他方面, the STI program tracks progress in a number of key ESG-related areas, including diversity representation, 客户体验, community and employee engagement, philanthropic giving, 和志愿服务. These ESG factors are a qualitative part of the STI scorecard, which is reviewed by the Talent, 多样性 & Compensation Committee of the Board and the Board of Directors.

Woman employee smiling

Rescue worker helping during a flood

救灾

Being there for people when we are needed.

合乐888登录注册 and our workforce donate funds and resources to support communities hit by disasters. At critical times, we pull our collective strength for recovery. Often providing bereavement resources on the heels of trauma, we are committed to being there when people need us most - including when the unexpected strikes.


可持续性

To be here when our customers need us.

Our mission is to provide financial security and peace of mind through our products and services. Our long-term view and core values of humanity, integrity and financial strength associated with that mission underscore our genuine concern for the markets and environment in which we do business.

Father and daughter reading a book

Nurse holding a smiling child

COMMUNITY IMPACT GRANTS

Providing philanthropic leadership in the communities we serve.

自2008年以来, over 600 grants of $5,000 to $25,000 apiece have been awarded to children's food programs, children’s hospitals, 高级服务, children's bereavement organization, 社区的构建, and many other initiatives across the country, resulting in nearly $8 million in direct funds to local communities.

Agents and field employees who are actively engaged and serve as local "champions" for a nonprofit can apply for a competitive Community Impact Grant.


THE NEW YORK LIFE FOUNDATION

Taking action in the communities we serve.

We’re proud of the legacy of service we’ve provided to young people and communities. 学习 how the 合乐888登录注册 Foundation has made a real impact.

Young woman reading to two young girls

Capitol building in Washington, D.C.

OFFICE OF GOVERNMENTAL AFFAIRS

Engaging in Public Policy

Legislative and regulatory policy changes can af选举委员会t how 合乐888登录注册 operates and provides guidance and guarantees to our clients.

合乐888登录注册’s Office of Governmental Affairs (OGA) engages in the public policy arena on issues of importance to the company, 我们的代理, 和客户. 合乐888登录注册 publicly discloses its federal lobbying activities on quarterly reports that can be found on the following website: http://lobbyingdisclosure.house.gov/.

合乐888登录注册’s policies prohibit the contribution of corporate funds3 to:

  • Political candidates
  • Parties or committees
  • 527 groups (Super PACs)
  • Independent expenditures in support or opposition to a candidate

Nurse holding a smiling child

Community impact grants

Providing philanthropic leadership in the communities we serve.

自2008年以来, over 600 grants of $5,000 to $25,000 apiece have been awarded to children's food programs, children’s hospitals, 高级服务, children's bereavement organization, 社区的构建, and many other initiatives across the country, resulting in nearly $8 million in direct funds to local communities.

Agents and field employees who are actively engaged and serve as local "champions" for a nonprofit can apply for a competitive Community Impact Grant.

Woman and two young girls reading



The 合乐888登录注册 Foundation

Taking action in the communities we serve.

We’re proud of the legacy of service we’ve provided to young people and communities. 学习 how the 合乐888登录注册 Foundation has made a real impact.

Woman and two young girls reading

Engaging in Public Policy

Legislative and regulatory policy changes can af选举委员会t how 合乐888登录注册 operates and provides guidance and guarantees to our clients.

合乐888登录注册’s Office of Governmental Affairs (OGA) engages in the public policy arena on issues of importance to the company, 我们的代理, 和客户. 合乐888登录注册 publicly discloses its federal lobbying activities on quarterly reports that can be found on the following website: http://lobbyingdisclosure.house.gov/.

合乐888登录注册’s policies prohibit the contribution of corporate funds3 to:

  • Political candidates
  • Parties or committees
  • 527 groups (Super PACs)
  • Independent expenditures in support or opposition to a candidate

1Based on revenue as reported by “Fortune 500 ranked within Industries, 保险:生活, 健康(共同),“《合乐8注册登录》杂志, 6/2/21. For methodology, please see http://fortune.com/fortune500/.
2Stated figures are as of 10/4/21.
3Contributions by the 合乐888登录注册 Political Action Committee, which is funded entirely through the voluntary contributions of agents and employees, are publicly disclosed and can be found on the website of the Federal Election Commission at www.选举委员会.政府. 合乐888登录注册 complies with all laws and regulations 政府erning lobbying and PAC activity and provides a report annually on such activity to the company’s Board of Directors.