Aflac Approaches $90 Million in Contributions to Fight Childhood Cancer Corporate Giving Highlights Release of Company's 2013 Corporate Citizenship Report
COLUMBUS, Ga., April 24, 2014 /PRNewswire/ -- Aflac, the leading provider of voluntary insurance at the worksite in the United States, insuring more than 50 million people worldwide, announced today its corporate giving for the treatment and research of childhood cancer exceeded $87 million in 2013. This figure incorporates funds that have been given by the company, its independent sales force, employees and through fundraising conducted at various events and social media programs since 1995. The news was reported in the company's 2013 Corporate Citizenship Report, published today on Aflac.com.
Aflac has made childhood cancer its primary philanthropic cause since 1995 when the company began its sponsorship of the Aflac Cancer Center, a leading treatment and research center in the fight against childhood cancer. The company has recently set a new goal to reach the $100 million milestone by the end of 2015 and will maintain its commitment to continue fighting childhood cancer until a cure is discovered. In 2013, Aflac generated nearly $10 million for childhood cancer, including its independent sales agents who continue to voluntarily give more than $425,000 every month from their commission checks.
"Our independent sales agents deserve recognition for their selfless contributions to our company's ongoing efforts to eradicate children's cancer," Aflac Chairman and CEO Dan Amos said. "They contribute because they care, and like everyone at Aflac, they anxiously await the day when their generosity is no longer needed and every child has a long and fulfilling life, away from the fear of cancer."
Other highlights of the report include:
- Aflac's commitment to diversity illustrated by a workforce comprised of 68% women, 44% minority, 33% minority women, and 24% of Aflac's corporate officers are women compared to an average of 14.6 percent among Fortune 500 companies as reported by Catalyst.
- In 2013, Aflac received awards from FORTUNE Magazine including the 100 Best Companies to Work For, and the World's Most Admired Companies for the 15th and 12th times respectively. The company was also named a World's Most Ethical Company by the Ethisphere Institute for the seventh time.
- Aflac Japan's commitment to the Aflac Parent's House, a home-away-from-home for pediatric patients and their families on their arduous journey back to health.
Aflac herein means American Family Life Assurance Company of Columbus and American Family Life Assurance Company of New York.
When a policyholder gets sick or hurt, Aflac pays cash benefits fast. For nearly six decades, Aflac insurance policies have given policyholders the opportunity to focus on recovery, not financial stress. In the United States, Aflac is the leading provider of voluntary insurance at the worksite. In Japan, Aflac is the number one life insurance company in terms of individual policies in force. Aflac individual and group insurance products help provide protection to more than 50 million people worldwide. For eight consecutive years, Aflac has been recognized by Ethisphere magazine as one of the World's Most Ethical Companies. In 2014, FORTUNE magazine recognized Aflac as one of the 100 Best Companies to Work For in America for the 16th consecutive year. Also, in 2014, FORTUNE magazine included Aflac on its list of Most Admired Companies for the 13th time, ranking the company number one in the life and health insurance category. Aflac Incorporated is a Fortune 500 company listed on the New York Stock Exchange under the symbol AFL. To find out more about Aflac, visit aflac.com or espanol.aflac.com.
Analyst and investor contact – Robin Y. Wilkey, 706.596.3264 or 800.235.2667, FAX: 706.324.6330, or firstname.lastname@example.org