At XL Group, we take Corporate Social Responsibility seriously. We partner with nonprofits making positive change in our local communities, we take measures to reduce our carbon footprint and we take an uncompromising approach to good governance and ethics. We know that not all regions face the same challenges. So we also give our teams opportunities to focus on local needs.
Philanthropy and Community
Grants and Donations
XL Foundation Ltd. has served the Bermuda community since 1992. Donations are administered by a board of directors made up of XL Group colleagues.
XL also offers grants through regional philanthropic outlets in different parts of the world, supporting organizations and initiatives devoted to education, youth development, health and the environment.
And we encourage employee giving through our Matching Gifts and Disaster Relief programs.
On our annual Global Day of Giving, thousands of XL employees go out into the communities where they live and work to share their time and talents. Team projects have included maintenance and gardening for local community centers, cooking and serving meals at homeless shelters, preserving historic sites and running educational activities for children. To date, we’ve donated more than 175,000 hours to serve our neighbors.
Extreme climate change could have serious consequences for our industry and our world. So we take the sustainability of our operations seriously.
We work to establish environmentally friendly practices throughout our office network. Our building in Exton, Pennsylvania—one of XL’s largest locations—has achieved “gold certification” under the Leadership in Energy and Environmental Design (LEED) Green Building Rating System.
We participate in the Carbon Disclosure Project, annually measuring and disclosing our greenhouse gas emissions, energy use and climate change risks.
XL is a founding member of the Insurance Working Group, part of the United Nations Environment Programme Finance Initiative, which promotes the involvement of financial institutions in building a sustainable world.
Ethics and Governance
Integrity and responsibility are not negotiable at XL. We hold ourselves to high standards with strict governance practices.
Our Code of Conduct is a key component of our Compliance Program and sets out the high standards we expect from employees, especially regarding marketplace and workplace conduct. XL prohibits bribery of any kind and is committed to complying with all applicable laws and regulations, including those related to money laundering and international trade sanctions. We actively encourage the reporting of Code violations and other concerns by employees and third parties and promote our non-retaliation policy.
Ranked as a leading company in the 2014 Ceres Insurer Climate Risk Disclosure Survey
- Honored for philanthropic leadership by the Insurance Industry Charitable Foundation with the 2012 “Double I” award for influence on the industry and impact in the community
- Ranked among the top 100, and 11th in the banking and insurance sector, in Newsweek magazine’s Green Rankings Business Report 2010–2011, a comprehensive environmental ranking of the 500 biggest companies in America
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