AIG 2007 Annual Report Download - page 22
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20 AIG 2007 Annual Report
AIG demonstrated its commit-
ment to the environment
when it became the first
insurance organization
to join the U.S. Climate
Action Partnership last year.
This organization advocates
mandatory greenhouse gas
(GHG) emissions limits in
the United States. AIG also
formed a dedicated alternative
energy practice, as well as
an eco-practice focused on
climate change risks. And AIG
announced plans to fund
agricultural projects in China
to generate 310,000 metric
tons of carbon offset credits,
representing about half the
GHG emissions attributable
to our global operations.
Reflecting AIG’s core value
of entrepreneurship and
legacy as a microinsurance
pioneer,we continueto
help the world’s working
poor build businesses.
AIG member companies have
developed microinsurance
markets in Africa, India,
Latin America and Southeast
Asia—benefitting more than
2.5 million clients in 12
countries (pictured, owner of
a weaving business in Peru
and her family).
AIG’s goal is to make a differ-
ence with our philanthropic
contributions in partnership
with organizations that
promote entrepreneurship,
innovation, diversity and
empowerment around the
world. In 2007, AIG provided
significant support to
charitable organizations
that address the needs of
the communities where we
do business—empowering
women, promoting innovative
education programs and
providing opportunities for
diverse populations.
WE SEE THE CHANCE TO MAKE THE WORLD A MORE PROSPEROUS AND LIVABLE PLACE. One of the
main points in AIG’s Vision is to contribute to the growth of sustainable, prosperous
communities. We believe that corporate responsibility is essential to our long-term objective
of creating value for our shareholders and serving the interests of our clients. In 2007,
AIG took important steps to incorporate social, environmental and governance concerns
into our underwriting, risk management and investment decision making. We also grew
our philanthropic programs at both the corporate and local levels, leveraging our global
reach and relationships with partners in the community.