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Aflac Incorporated ESG Profile (AFL): Is It Sustainable?

Updated on July 12, 2024

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Home • Stocks • Life And Health Insurance

Our Aflac Incorporated (AFL) ESG Review

Aflac Incorporated
$102.53
SymbolAFL
Price$102.53
52 Week High 📈$115.50
52 Week Low 📉$86.46
Earnings Per Share 💵6.43
Dividend Yield 🔁2.26

Our Take

Aflac Incorporated is an insurance company, which engages in the provision of supplemental health and life insurance. It operates through the following segments: Aflac Japan, Aflac U.S., and Corporate Investments. The Aflac Japan segment offers products designed to meet medical and cancer expenses. The Aflac U.S. segment covers hospital, accident, disability, cancer, and dental plans. The Corporate Investments segment includes the investments of the general account portfolio. The company was founded by John Amos Beasley and Paul S. Amos in 1955 and is headquartered in Columbus, GA.
Aflac Incorporated has a below average environmental record. The company has been criticized for its involvement in the manufacture of asbestos-containing products, which can cause cancer and other health problems. Aflac has also been criticized for its investment in nuclear power plants.
Aflac Incorporated has a below average social responsibility record. The company has been criticized for its marketing practices, which have been accused of being misleading and deceptive. Aflac has also been criticized for its investment in companies that produce tobacco products.

What We Like
  • Aflac is a leading provider of supplemental insurance in the United States and Japan, offering a wide range of cancer, life, accident, critical illness, and hospitalization/surgical policies to its policyholders.

  • Aflac has been a strong supporter of the American Cancer Society, donating over $100 million to the organization since Aflac was founded in 1955.

  • Aflac is a member of the Fortune 500 and has been consistently ranked as one of the most ethical companies in the world by Ethisphere.

What We Don't Like
  • The company has been criticized for its close ties to the tobacco industry

  • The company has come under fire for its use of child labor in its supply chain, as well as its environmental record.

Sector: Financials
Industry: Life and Health Insurance
Website: www.aflac.com
Business Description

Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers cancer, medical, income support, GIFT, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products in Japan. The Aflac U.S. segment provides cancer, accident, short-term disability, critical care, hospital indemnity, dental, vision, long-term care and disability, and term and whole life insurance products in the United States. It sells its products through sales associates, brokers, independent corporate agencies, individual agencies, and affiliated corporate agencies. The company was founded in 1955 and is headquartered in Columbus, Georgia.

CompanyAflac Incorporated
ExchangeNYSE
Address1932 Wynnton Road,, Columbus, USA
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FAQ

How much is Aflac Incorporated (AFL) stock?

The current stock price of Aflac Incorporated (AFL) is $102.53.

Stocks

Aflac Incorporated
$102.53
Open $102.00
High $102.91
Close $102.45
Low $101.67
Volume 1,641,467

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