AGEAS SA/NV.
FO4N.XETRA | Life insurance
Ageas SA/NV is a Belgium-based international insurance group. The Company operates through Europe, Asia and Rest of World segments. It is primarily engaged in life and non-life insurance activities. Its life insurance products include unit-linked products, traditional guaranteed interest products, a...Show More
Better Health for All
10
Ageas offers a 'Return to Work' program for employees experiencing stress-related conditions, achieving a 70% success rate in returning participants to work within 6-8 months
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, compared to a 50% return rate for those without similar assistance.
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Additionally, the 'My Mind by AG' initiative provides free mental health phone assistance to customers through various health insurance and pension plans.
3
Fair Money & Economic Opportunity
0
No quantitative data related to underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives, data accessibility, fair lending compliance, wealth building outcome, profit reinvestment, financial literacy initiatives, debt burden ratio, geographic inclusion, or product simplicity was provided in the articles.
1
Fair Pay & Worker Respect
0
UNI Europa Finance has accused Ageas of intimidating trade union representatives in Belgium and the UK
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, citing actions such as blocking union-specific mailboxes and banning leaflet distribution
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. The company is also reported to have unilaterally withdrawn from collective negotiations on remote work, forcing workers into individual agreements
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, and increased workloads without consultation or overtime compensation during the COVID-19 pandemic
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.
Fair Trade & Ethical Sourcing
0
No quantitative data is available across the provided articles for any of the Fair Trade & Ethical Sourcing KPIs. While Ageas's purchase guidelines emphasize ethical sourcing, including zero tolerance for modern slavery, child labor, and forced labor, and the need for vendors to meet statutory and industry standards, these are policy statements and do not provide specific percentages or numbers for fair-trade certification, audit frequency, forced/child labor incidents, traceability coverage, remediation speed, ethical clause coverage, materials risk, or supplier diversity spend.
1
Honest & Fair Business
-30
The company received a CDP score of 35/100.
1
It has an Anti-Bribery and Anti-Corruption Policy with a zero-tolerance approach, provides annual training for all colleagues, and recorded no incidents of breach during the reporting period.
2
The company also refreshed its Speak Up mechanisms, introducing a new online portal and telephone line for anonymous reporting, and appointed a Non-Executive Speak Up Champion on the Board.
3
Kind to Animals
0
No specific, concrete evidence was found in the provided articles to assess Ageas SA/NV against any of the 'Kind to Animals' KPIs.
1
As an insurance group, the company's core business model does not typically involve direct animal-related operations, product manufacturing, or sourcing of animal-derived ingredients. The available information does not detail its direct involvement in animal welfare, testing, or specific policies concerning these areas.
2
No War, No Weapons
10
Ageas, an insurance group, has a Responsible Investment Framework and Responsible Underwriting Standards.
1
The company explicitly excludes investments in weapons, including anti-personnel mines, cluster munitions, biological/chemical weapons, depleted uranium, and nuclear weapons, as well as companies involved in arms production.
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It also prohibits financing, investing, or providing insurance for activities related to 'controversial weapons'
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and excludes countries subject to international sanctions or social violations.
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This indicates 0% direct revenue from arms or defense contracts and an absolute prohibition on sales to sanctioned regimes. The framework is overseen by dedicated committees (AG SRI Steering Committee and AG SRI Monitoring Committee)
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and reviewed at least twice yearly.
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However, while new investments in controversial areas are prohibited, existing holdings are allowed to mature, indicating a lack of commitment to divest existing conflict-related exposures. Ageas's ethical red lines ban cluster munitions and autonomous lethal systems, as well as biological, chemical, and landmine systems.
7
An external verification confirms zero exposure to controversial weapons since the policy's inception.
8
Planet-Friendly Business
-50
Ageas has a net-zero carbon emissions target for its investment portfolio by 2050.
1
In 2024, the company diverted 29.8% of its waste from landfill, recycling or reusing 155 tonnes out of 520 tonnes generated.
2
The company publishes a TCFD report
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and includes climate change scenarios in its Own Risk and Solvency Assessment (ORSA) reports.
4
Respect for Cultures & Communities
0
No specific quantitative data is available across the provided articles to assess Ageas SA/NV against the defined KPIs for 'Respect for Cultures & Communities'. The articles primarily consist of policy statements on human rights and diversity, equity, and inclusion, or discuss internal gender balance. While Article 0 mentions the availability of community grievance mechanisms
1
and a commitment to avoid or minimize negative impacts on Indigenous communities' rights and interests
2
, these are qualitative statements or commitments and do not provide the specific quantitative metrics (e.g., percentages, numbers, resolution times) required by the rubric's thresholds for scoring.
Safe & Smart Tech
0
Ageas explicitly states compliance with GDPR and other relevant national privacy regulations across multiple documents.
1
The company outlines user rights, including access, rectification, erasure, restriction, withdrawal of consent, objection, and data portability, aligning with industry-standard privacy controls.
2
Furthermore, Ageas indicates good data minimization practices by stating that personal data collected is limited to a minimal amount and retained only as long as necessary for purposes and legal requirements.
3
Zero Waste & Sustainable Products
0
No specific, quantitative evidence is provided in the articles for Ageas SA/NV regarding waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability scores, waste audit frequency, zero-waste certifications, waste disposal violations, material efficiency, packaging-to-product ratios, waste reduction targets, supplier waste requirements, or customer waste education for the parent company. Information related to Ageas UK's initiatives is not applicable to the entire Ageas SA/NV group without explicit statements of company-wide scope. While Ageas SA/NV has an environmental policy promoting circular economy principles and setting objectives, no concrete, quantifiable data on actual performance against these KPIs is provided for the entire group.
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