At Alight, we’re all about improving people’s lives and helping employers empower their people to be healthy and financially secure. Our entire business model is grounded in one singular phrase: Powering confident decisions, for life. As we continue our transformation into an even more focused platform for employee wellbeing and benefits, we recently announced an agreement to sell our Payroll and Professional Services business to an affiliate of H.I.G. Capital. This strategic divestiture will enable Alight to dedicate our resources toward strengthening our platform and go-to-market strategy to help employers further create a world-class employee engagement experience for their people, while establishing a commercial partnership that couples world-class service capabilities with a compelling value proposition for our clients.
As a leader in cloud-based human capital technology and services, we’re in a unique position to drive positive action for people and the planet, and this strategic move reinforces Alight's dedication to environmental, social and governance (ESG) initiatives. The ongoing execution of our ESG strategy underscores our sustainable business success and long-term value creation for our investors, colleagues, clients, communities and other stakeholders.
Every day, we work to build a sustainable, equitable, healthy and diverse world in which essential human needs are met for all through a combination of innovative software solutions and exemplary ESG performance.
“At Alight, we’re all about improving people’s lives. Every day, we work to build a sustainable, equitable, healthy and diverse world where essential human needs are met for all through a combination of innovative software solutions and exemplary ESG performance. We recognize that our commitment starts with how we support our colleagues and inspire them to our higher calling of improving lives. Our commitment to ESG runs deep, guiding us in how we operate our business and how we show up every day to define the future of wellbeing, with integrity and empathy.”
Alight’s ESG pillars
We recognize that our commitment starts with how we support our colleagues and inspire them to our higher calling of improving lives. Our ESG pillars are closely aligned with Alight’s purpose and values and reflect our ongoing commitment to our clients, communities and colleagues:
- Championing our people: We celebrate our diverse and inclusive culture and encourage belonging. We are focused on promoting healthy minds, bodies, wallets and lives so our colleagues and the people they serve can thrive.
- Social innovation: We utilize innovative approaches to provide our clients’ employees and their families the security of better outcomes and peace of mind throughout life’s biggest moments. We are intentional at providing deep insights and thought leadership to help clients meet their workforce needs.
- Responsible business practices: We are dedicated to operating with integrity, sound governance and high standards of data security while minimizing our environmental impact to achieve business success and enhance long-term shareholder value.
Building on success
The principles of ESG have long been at the heart of everything Alight does. In 2021, we formalized that commitment when our Board of Directors worked closely with our leadership team to establish a strong ESG governance structure, identify our strategic pillars and key areas of focus and determine which ESG frameworks to align with. In 2022, we created an Inclusion and Diversity Policy; reflected diversity across our U.S. workforce with 67% female and 43% ethnically/racially diverse employees; aligned with the Task Force on Climate-Related Financial Disclosures recommendations and assessed the materiality of Scope 3 emissions categories and calculated relevant emissions.
Throughout 2023, we built on that progress in numerous key areas, including our commitment to being good stewards of nature and resources. Alight recognizes that climate change and environmental degradation are existential threats impacting the health and wellbeing of people around the globe. To that end, I am proud to announce that we have pledged to minimize our potential impact on the environment by making a commitment through the Science Based Targets initiative to develop near- and long-term targets to limit global warming in alignment with the Paris Agreement and a net-zero transition.
This is a critically important step in our ESG journey but is just one of many actions we took in 2023. In this report we are sharing many of the other highlights.
Looking ahead to 2024 and beyond, we’re focused on six key areas within our ESG approach:
- Providing our colleagues and the people they serve the tools to empower a healthy mind, body, wallet and life
- Increasing diversity and creating an inclusive community at Alight where all colleagues feel visible and valued with a sense of belonging
- Investing in our colleagues’ ongoing development
- Interweaving sustainable innovation into our products, services and processes to generate long-term social and environmental benefits
- Demonstrating that we are an ethical, compliant and secure organization
- Articulating our path to reduce Alight’s impact on the environment
At Alight we’re all about doing what’s right — for our colleagues, our clients and their people, our shareholders, our communities and our planet. Our commitment to ESG runs deep, guiding us in how we operate our business and how we show up every day to define the future of wellbeing, with integrity and empathy. Our progress over the past year has been nothing short of remarkable, and I am excited to share our successes and our strategy as we continue this journey together.
Stephan Scholl
CEO
Learn more about ESG
Alight is committed to our clients and our people. Take a look at our successes and the ways we continue to grow, including more about our sustainable development.
