Protective Releases 2023 Sustainability Report

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), today announced the publication of its 2023 Sustainability Report, which highlights key milestones and accomplishments that demonstrate the company’s commitment to being a responsible business and creating long-term value for our stakeholders.

“The stories in this report highlight some of the work that ensures we are in the greatest position to continue delivering on our promises,” said Rich Bielen, President & CEO of Protective. “The actions we take now lay the groundwork for a stronger business – one that benefits customers, teammates, partners and communities - for years to come.”

Protective’s 2023 Sustainability Report outlines how we created meaningful impact through sustainable practices for our business, our more than 3,800 teammates and the communities we serve.

Within our business, Protective continued to improve on the ways we can better serve our more than 14.4 million customers through digital offerings, meeting their evolving needs and improving their experience. We also further enhanced our enterprise risk management and sustainable investment strategies to drive long-term value.

With nearly 70% of its workforce fully virtual, Protective continues to support its teammates through enhanced offerings for mental and physical wellbeing and development opportunities to grow in their careers wherever they work. In 2023, more than 50% of our teammates completed professional development courses, which contributes to Protective’s culture of continuous learning, engagement and excellence.

Protective remains committed to investing in the future of our communities and creating positive change in the lives of our neighbors. In 2023, the Protective Life Foundation awarded approximately $4.5 million in gifts to 191 nonprofits and engaged teammates across the country in hands-on service activities for Greater Birmingham Habitat for Humanity, Ronald McDonald House Charities and ongoing activities related to Protecting Good, which support neighbors of Protective Stadium.

To learn more and engage with Protective’s sustainability story, download the full 2023 Sustainability Report at www.protective.com/sustainability.

About Protective

Protective has helped people achieve protection and security in their lives for 117 years. Through its subsidiaries, Protective offers life insurance, annuity and asset protection solutions and is helping more than 14.4 million people protect what matters most. Protective’s more than 3,800 employees put people first and deliver on the company’s promises to customers, partners, colleagues and communities - because we’re all protectors. With a long-term focus, financial stability and commitment to doing the right thing, Protective Life Corporation, a subsidiary of Dai-ichi Life Holdings, Inc., has $118 billion in assets, as of Dec. 31, 2023. Protective is headquartered in Birmingham, Alabama, and supported by a robust virtual workforce and core sites in the greater Cincinnati area and St. Louis. For more information about Protective, visit www.protective.com.