Sustainability at Sagicor

Our Sustainability Program

Across every pillar of our sustainability program, Sagicor continues to make meaningful progress toward reaching our goal of being committed to sustainability by balancing the present and future needs of our organization, while creating long-term sustainable value for our organization, clients and communities. Through innovation, responsible business practices, and environmental stewardship, we remain committed to our core values and social well-being, ensuring prosperity and progress go hand in hand.

Building a Foundation of Trust: Governance & Business Ethics

 
  • Maintained an ongoing focus on cultivating a diverse and inclusive culture.

     

  • Achieved gender parity with 54% female executives.

     

  • Further strengthened our board composition to ensure a strong mix of skills and expertise; 34% female directors.

 

Securing our Future: Proactive Risk Management & Climate Resilience

  • Successfully navigated an intense hurricane season in 2024, with very minimal impact to our operations, demonstrating the effectiveness of our risk management practices.

     

  • Actively monitored regulatory developments and emerging risks related to sustainability.

     

  • Maintained our support to local governments, clients, and communities to facilitate our collective transition to a climate resilient economy.
 

Enabling our Communities to Thrive: Corporate Social Responsibility Initiatives

  • Donated $1.8 million to help create lasting, positive impacts in the communities in which we operate.

     

  • Rolled out comprehensive financial literacy programs in some of our regions, including educational materials, workshops, and awareness campaigns, tailored to enable customers to make informed decisions.

Embracing Responsible Business Practices: Transparency, Data Security and Customer-Centricity

 

  • Advanced our products and services to meet the evolving needs of our clients.

  • Broadened our client base and product offering of our fully digital bank in Barbados, launched in 2023.

     

  • Enhanced our existing practices to meet the needs of changing data privacy regulations across the Caribbean.