Loews Corp.
L.US | Activities of holding companies
Loews Corporation is a diversified company with subsidiaries operating in the insurance, energy, hospitality, and packaging industries. Its primary business is insurance, conducted through its subsidiary CNA Financial Corporation, which provides commercial property and casualty insurance products. L...Show More
Better Health for All
-20
Loews Corporation's subsidiary, CNA Financial, offers specialized insurance products and risk management services tailored to healthcare professionals and facilities
1
, contributing to the stability and sustainability of healthcare services. Loews Hotels & Co achieved the WELL Health-Safety Rating in 2023
2
, an evidence-based, third-party verification of its operational policies and emergency plans to address a post-COVID-19 environment
3
, promoting the well-being of guests, team members, and neighbors
4
. This rating also reflects the company's preventative health measures for its hotel operations. For its team members, Loews Hotels & Co provides comprehensive mental health support, including access to a network of over 190,000 Employee Assistance Program (EAP) clinicians for no-cost counseling
5
and 24/7 access to a virtual behavioral health coach through Headspace Care
6
.
Fair Money & Economic Opportunity
0
Loews Corporation does not provide direct financial services like lending or microfinance aimed at underserved communities.
1
The company operates primarily in insurance, energy, hospitality, and packaging.
2
While its insurance products may indirectly support economic stability, there is no evidence of initiatives promoting financial fairness or economic opportunity for small businesses or underserved populations, nor does the company directly contribute to equitable financial services or small business empowerment.
3
Fair Pay & Worker Respect
20
Loews Corporation demonstrates strong worker engagement, with over 85% of employees indicating they would recommend the company as a great place to work.
1
The company provides multiple anonymous avenues for reporting concerns without fear of retaliation.
2
There are no substantiated labor-law or human-rights violations reported in the provided articles within the past three years. The company requires employees to read and affirm a Code of Business Conduct and Ethics
3
and expects suppliers to uphold human rights standards,
4
with policies addressing discrimination based on various protected characteristics.
5
Fair Trade & Ethical Sourcing
0
Loews Corporation demonstrates a commitment to ethical sourcing and fair trade practices across its subsidiaries. Loews Hotels & Co procures certified natural and organic products.
1
and its 'Freshly Rooted' initiative uses locally sourced ingredients to support local farms.
2
The company maintains a Code of Business Conduct and Ethics for employees.
3
and suppliers are expected to respect human rights and reject abuses such as slavery, human trafficking, forced, or child labor.
4
Specific quantitative data on ethically sourced materials remains undisclosed.
5
Honest & Fair Business
0
No specific, quantifiable evidence was found in the provided articles for L.US (Loews Corp) that directly maps to the defined KPIs for Honest & Fair Business. Information regarding regulatory fines, transparency index scores, whistleblower policies, financial restatements, audit coverage, ESG controversy scores, complaint resolution times, board conflict-free percentages, anti-corruption policies, or third-party verification of ethical claims was not explicitly stated for Loews Corp. Articles referring to 'Lowe's' (e.g., and ) were excluded as they pertain to a different entity, Lowe's Companies, Inc., not Loews Corporation.
1
Kind to Animals
50
Loews Hotels, a subsidiary of Loews Corp, exclusively uses cage-free eggs across its properties.
1
No War, No Weapons
-30
Loews Corporation lacks peacebuilding investments and details on a conflict divestment policy.
1
The company does not produce or supply military goods and shows no direct involvement in the defense sector.
2
Its only defense-related activities are minor historical engagements via hospitality services, including a 2006 Department of Defense purchase order for $1,315
3
and a 2001 contract for $28,500,
4
which are not considered large-scale military activities.
5
The company has no exposure to controversial weapons and no defense assets to divest.
6
Planet-Friendly Business
0
Loews Hotels & Co., a subsidiary of Loews Corporation, achieved a 24% improvement in energy efficiency across its portfolio, surpassing its 2012 goal of 20% over ten years.
1
In 2021, eleven of its properties received the Department of Energy’s 50001 Ready recognition for enhanced energy management systems.
2
The company has also implemented water conservation efforts through partnerships
3
and initiated waste reduction programs, including food waste reduction and transitioning to full-size amenities to minimize plastic waste.
4
Loews Corporation acknowledges climate change risks and is committed to reducing its environmental and carbon footprint across its subsidiaries.
5
Respect for Cultures & Communities
0
No specific, quantifiable evidence was found in the provided articles for any of the KPIs related to Respect for Cultures & Communities. The articles mention general community involvement
1
, adherence to human rights
2
, and environmental sustainability efforts
3
, but lack concrete data points such as the number of formal partnerships, percentage of revenue reinvested locally, details on cultural impact assessments, or specific actions related to cultural site protection or indigenous engagement.
Safe & Smart Tech
0
No specific, concrete data points were found in the provided articles to assess Loews Corporation against any of the 'Safe & Smart Tech' KPIs. While a ransomware attack on subsidiary CNA Financial Corporation in March 2021
1
and a data breach affecting Loews Hotels in 2017
2
were mentioned, the articles did not provide the necessary scale (e.g., number of users affected) to score the 'data_breach_severity' KPI according to the rubric's quantitative thresholds. For all other KPIs, no relevant information was provided.
Zero Waste & Sustainable Products
-10
Loews Corporation's subsidiary, Envision Plastics, produces EcoPrime® which is a 100% US-sourced, curbside-collected, recycled product.
1
Envision's OceanBound Plastic can also be used at levels up to 100% in recycled High-Density Polyethylene (HDPE) packaging.
2
The company has implemented multiple waste reduction initiatives, including Envision Plastics recycling nearly 1.5 billion pounds of HDPE plastics since 2001, diverting them from landfills and the ocean, and launching its OceanBound Plastic program in 2017.
3
Loews Hotels partners with Goodr to donate excess food.
4
Additionally, Altium Packaging's Dura-Lite® bottles are designed to use 10-25% less plastic than comparable traditional designs, demonstrating improved material efficiency.
5
Loews Hotels also plans to eliminate miniature toiletries by 2025 to reduce plastic waste.
6