Ghana: Prudential Life CEO reaffirms sustainability mandate

By InstinctBusiness Mar 11, 20240

Diana Guzman, Prudential Life’s Chief Sustainability Officer, reaffirms the critical role of sustainability in fostering long-term resilience for Prudential Life’s customers, communities, and economies.

As Africa is anticipated to become a prominent market in the foreseeable future, driven by increasing geopolitical and economic interest in the region, the significance of sustainability, particularly in mitigating business impact on the continent’s environment and society, cannot be overstated.

In alignment with the global sustainability mandate of the Prudential Life brand, Prudential Life Ghana (PLIG)’s CEO, Dr. Hazel Berrard Amuah, noted that PLIG’s approach to sustainability is at the core of their purpose.

“For Every Life, For Every Future. As a life and health insurer and long-term investor, PLIG’ sustainability ambition is to deliver real impact by taking proactive steps towards creating a sustainable, inclusive, and responsible future for our customers, people, shareholders, and the communities in which they operate. As a testament to their sustainability and Environmental, Social, and Governance (ESG) mandate, PLIG won an award for The Most Innovative Practices Towards ESG (Insurance) at the Global Business Outlook Awards in Dubai in 2022, and in 2024, PLIG’s sustainability linked KPI’s are in conformance with the global Prudential Life Sustainability Parameters”, she explained.

The sustainability parameters encompass simple and accessible health and financial protection, responsible investment, and sustainable business practices.

Dr. Hazel Berrard Amuah affirmed the importance of PLIG working to protect it customers in Ghana in ways that will ensure the well-being of the planet and the Ghanaian communities in which they are embedded.

Sustainability is generally accepted as one of the key success factors driven by ethical and moral notions to achieve long-term business goals and objectives. In a study conducted by Nguyeu and Slater (2010), two out of three companies on ‘Fortune’s’ “Global 100 most sustainable corporations” list outperformed the less sustainable competitors.

By aligning the pursuit of profit with a robust sustainability approach, PLIG positions itself to achieve a competitive edge in business through its sustainability delivery framework.