Notably, in 2021, we established a strong ESG governance structure, identified our strategic pillars and key areas of focus through a materiality assessment, determined which ESG frameworks to align to, and completed our first carbon assessment to better understand our environmental footprint.
As we looked at our ESG priorities and our long-term strategy, we had to look no further than our reason for being. At Alight, our purpose is to power confident decisions, for life. We do this by providing our clients’ employees with the tools, technology, resources and guidance to make more well-informed decisions around their health, wealth and wellbeing. We believe that when we put the power of artificial intelligence (AI), embedded with years of experience and engineered with empathy, in people’s hands, the result is the security of better outcomes and peace of mind throughout life’s big moments and most important decisions.
This purpose shines through in all we do and is the center point for our approach to ESG – our business is fundamentally the “S” in ESG. Today, we provide health, wealth, wellbeing, and payroll solutions and services to 70% of the Fortune 100 and 50% of the Fortune 500, which accounts for 36 million employees and dependents worldwide. The influence that we have to help people make better decisions around their physical, mental and financial wellbeing is an incredible opportunity and responsibility that we believe it is critical to caring for the wellbeing of the world’s workforce.
I joined Alight in April 2020, and that has given me a front-row seat to the tectonic shifts that COVID-19 forced onto companies — perhaps none more seismic than the fundamental realignment of employees’ priorities driven by the impact the pandemic had on people’s mental, physical and financial wellbeing. We are in what we call the “Era of the Employee,” and we believe companies – and the people who lead them – are being evaluated based on how they treat their employees.
There has never been a more important time for companies to serve that higher calling.