Northwestern Mutual Releases 2023 Sustainability and Social Impact Report and Reaffirms Commitment to Building "A Better Tomorrow"
"Our sustainability and social impact actions demonstrate our commitment to progress over pledges," said
Impactful commitments and growth metrics notated in the report include:
- Delivering financial security and expanding financial access: Driven by its mission to improve lives through financial security, the company increased its
Impact Investment Fund to$175M to expand access to capital for entrepreneurs in underserved communities; and continued efforts throughNorthwestern Mutual Future Ventures to reach$20M goal each for investing in women andAfrican American /Black entrepreneurs - Investing in communities and causes:
$3.5M dedicated to help residents in underserved communities become homeowners inMilwaukee , $60M+ invested inMilwaukee -area students over 25+ years and $50M+ donated since 2012 to support the search for better treatments and cures for childhood cancer through theNorthwestern Mutual Foundation - Strengthening a culture of belonging: Over one-third of employees participate in employee resources groups, 83% employees say their managers understand their professional goals, and 30% of corporate employees are people of color—the highest percentage in company history
- Reducing environmental impact: 75% of construction waste from the company's updated
North Office Building to be diverted from landfills and 40%+ of corporate office space is LEED Gold certified
About Northwestern Mutual
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