Brighthouse Financial Releases Inaugural Corporate Sustainability Report | news

CHARLOTTE, NC–(BUSINESS WIRE)–August 3, 2022–

Brighthouse Financial, Inc. (“Brighthouse Financial” or the “Company”) (Nasdaq: BHF) today announced the release of its inaugural Corporate Sustainability Report, which represents the latest step in the Company’s ongoing sustainability journey. The 2021 report provides an update on Brighthouse Financial’s progress towards integrating an environmental, social and governance (ESG) focus across the company.

The report includes data that aligns with the Standards Board’s Frameworks for Sustainability Accounting and Climate-Related Financial Disclosures and highlights key achievements of Brighthouse Financial’s sustainability program throughout 2021. These achievements include the completion of the first assessment of the company’s ESG materiality; the launch of a public webpage with key ESG data points; the creation of an internal and transversal climate risk working group; and the incorporation of diversity, equity and inclusion performance factors into the company’s executive compensation program.

“Brighthouse Financial believes that sustainability is inherent in our mission to help people achieve financial security, and that by strengthening our focus on integrating ESG factors across the business, we will be better positioned to deliver sustainable value long-term for our shareholders and keep our promises to our customers,” said Eric Steigerwalt, president and CEO of Brighthouse Financial. “Our inaugural Corporate Sustainability Report is an important milestone for our company and we remain committed to greater transparency as we improve our ESG disclosures over time.”

To view the report, visit Brighthouse’s Financial Corporate Responsibility webpage at https://www.brighthousefinancial.com/about-us/corporate-responsibility.

Note on forward-looking statements

This press release and other oral or written statements we make from time to time may contain information that includes or is based on forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve substantial risks. and uncertainties We have attempted, whenever possible, to identify these statements by using words such as “anticipate,” “estimate,” “expect,” “project,” “could,” “will,” “could,” “attempt,” ” goal,”. ” “target”, “guidance”, “forecast”, “preliminary”, “goal”, “continue”, “goal”, “plan”, “believe” and other words and terms of similar meaning or that are linked to periods futures, in connection with a discussion of future operating or financial performance. In particular, they include, without limitation, statements regarding future actions, potential services or products, financial projections, future performance or results of current and anticipated services or products, sales efforts, expenses, the outcome of contingencies such as legal proceedings, such as as well as trends in operating and financial results.

Any or all forward-looking statements may prove to be incorrect. They may be affected by inaccurate assumptions or known or unknown risks and uncertainties. Many of these factors will be important in determining Brighthouse Financial’s actual future results. These statements are based on current expectations and the current economic environment and involve a number of risks and uncertainties that are difficult to predict. These statements are not guarantees of future performance. Actual results could differ materially from those expressed or implied in the forward-looking statements due to a variety of known and unknown risks, uncertainties and other factors. Risks, uncertainties and other factors that may cause these differences include the risks, uncertainties and other factors identified in Brighthouse Financial’s most recent Annual Report on Form 10-K and subsequent quarterly reports on Form 10-Q, particularly in the sections entitled “Risk Factors”. ” and “Quantitative and Qualitative Disclosure About Market Risk,” as well as in other subsequent Brighthouse Financial filings with the US Securities and Exchange Commission. In addition, any forward-looking statement speaks only as of the date on which it is made, and Brighthouse Financial undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made. or to reflect the occurrence of unforeseen events, unless otherwise required by law.

About Brighthouse Financial, Inc.

Brighthouse Financial, Inc. (Brighthouse Financial) (Nasdaq: BHF) is on a mission to help people achieve financial security. As one of the largest providers of annuities and life insurance in the US, 1 we specialize in products designed to help people protect what they’ve earned and make sure it lasts. More information at brighthousefinancial.com.

1 Classified for 2021 assets admitted. Best’s Review ® – Top 200 Life/Health Insurers in the US. AM Best, 2022.

View the activated source version businesswire.com:https://www.businesswire.com/news/home/20220729005017/ca/

CONTACT: FOR INVESTORS

Dana Lover

(980) 949-3073

damante@brighthousefinancial.comFOR MEDIA

Deon Roberts

(980) 949-3071

deon.roberts@brighthousefinancial.com

KEY WORD: NORTH CAROLINA UNITED STATES NORTH AMERICA

SECTOR KEYWORD: DEI PROFESSIONAL SERVICES (DIVERSITY, EQUITY AND INCLUSION) ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) ENVIRONMENT SUSTAINABILITY INSURANCE FINANCING

SOURCE: Brighthouse Financial, Inc.

Copyright Business Wire 2022.

PUB: 08/03/2022 17:45/DISC: 08/03/2022 17:46



Source link

You May Also Like

About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!