How ethical is Ageas?
Ageas is an insurance company which has achieved an acceptable score on The Good Shopping Guide’s Ethical Insurance Ratings Table but Ethical Accreditation has not yet been achieved. This is important because it provides additional warranty on the company’s wider ethical, sustainable, and social policies and records.
Read more about the issues facing the Ethical Insurance sector and find out which companies have achieved accreditation for their commitment to being ethical and sustainable.
What does Ageas do?
Ageas was founded in 1990 and is headquartered in Utrecht, Netherlands. Ageas NV is engaged in the provision of life insurance, investments, and real estate. The company operates in Belgium, the United Kingdom, Continental Europe and Asia. (In Belgium, Ageas is known as AG Insurance. The United Kingdom division of Ageas NV provides insurance solutions and related businesses, with personal and commercial line markets.
In which areas does Ageas perform well?
Ageas performs well for our criteria relating to the environment and emissions. Ageas has published a TCFD Report (Task Force on Climate-related Financial Disclosures) which includes a number of targets as well as a Net Zero goal and emissions disclosures.
The above benchmark score that Ageas is awarded on The Good Shopping Guide’s Ethical Insurance Ratings Table is the result of an evaluation of multiple ethical criteria. Find out more about how we rate.
What can Ageas do to improve its score?
Ageas was only awarded a middle rating for our criteria concerning its Responsible Investment Policy, as it has a 10% threshold for revenue from unconventional oil and gas, and mining and power generation for its investment portfolio, which is above our threshold for a top rating. If it applies for Ethical Accreditation, The Good Shopping Guide would be able to offer some guidance on this to enable Ageas to improve its score.
Ageas is encouraged to apply for Ethical Accreditation. If successful in its application, Ageas would join the certified ethical brands leading the way in progressive and sustainable practices and be permitted to display The Good Shopping Guide’s Ethical Mark in its communications.
If you’re interested in learning more about achieving Ethical Accreditation for your brand, please contact us or complete a Free Initial Assessment form.
Ethical performance in category
GSG category benchmark
Carbon Disclosure & Reduction Targets
Responsible Investment Policy
= GSG Top Rating = GSG Middle Rating = GSG Bottom Rating