Environmental, Social and Governance Report

September 1, 2022

For more than 115 years, The Standard has been there for those who rely on us. This simple, powerful approach has helped us navigate challenges, earn the trust and loyalty of business partners and customers, and make the most of growth opportunities.

Our Environmental, Social and Governance Report details how we:

  • Ensure the long-term sustainability of the company
  • Measure and manage the effect our company has on customers, communities and the environment
  • Create a workplace culture in which each employee is valued and respected

    The report outlines company financial and other information about our activities and awards related to sustainability, governance, philanthropy and workplace culture in 2021.

    Demographics

    • 3,100 employees
      • 58% are female
      • 23% identify as racially or ethnically diverse
      • 6.7% identify as disabled
      • 1.4% identify as a military veteran

    Financial

    • $3.95 billion in annual revenue
    • $45.4 billion in assets under management and administration

    Governance

    • 5.7 years average director tenure
    • 9 independent board directors; 15 directors in total; 33% are female; 40% identify as racially or ethnically diverse

    Customers

    • More than 8 million nationwide

     

    “At The Standard we take great pride in what we do — helping our customers achieve financial well-being and peace of mind. Our ESG Report outlines how the company does its work by supporting a healthier environment for all, investing in stronger communities and aligning our governance model with our values to ensure we always take the high road.” Dan McMillan, President and CEO

    View the 2021 ESG Report and our Environmental, Social and Governance page on our website.

     

     

    More About Get to Know The Standard
    We’re honored to be recognized once again as a best place to work for disability inclusion for the third consecutive year. Scoring a perfect 100 on the Disability Equality Index, we demonstrate our commitment to creating an inclusive workplace.
    From our financial strength to our strong positioning ─ these are just a few reasons to choose The Standard. Find out more about us.
    The Standard was recently named as a best place to work for disability inclusion for the second year in a row. We strive to ensure an inclusive culture and are proud to be recognized for two consecutive years. Find out more about how and why we were chosen for this great honor.
    Read our Environmental, Social and Governance Report to see how we’re creating stronger communities, a healthier environment and an inclusive workplace.
    We’re implementing several updates to improve and streamline our service. Take a look at the changes we’ve made.