New York Life releases 2024 Corporate Responsibility Report.

Employees walking around the office

2024 Corporate Responsibility Report.

The latest report highlights long-term value creation for policy owners and meaningful investments in employees, communities and sustainability.

Highlights

  • $2.5 billion dividend declared for eligible participating policy owners
  • $27.8 million in grants through the New York Life Foundation
  • 275,000+ employee and agent volunteer hours in 2024

New York Life’s 2024 Corporate Responsibility Report reflects a legacy of values guiding impact today — and into the future.

New York Life released its 2024 Corporate Responsibility Report. The report highlights how the company’s purpose-driven approach continues to support long-term value for policy owners, while advancing progress for employees, communities and the environment.

Key highlights from the report include:

  • A $2.5 billion dividend was declared for eligible participating policy owners.
  • $27.8 million in charitable grants were awarded through the New York Life Foundation, including $4 million inspired by employee and agent volunteerism.
  • Over 275,000 volunteer hours were contributed by employees and agents — a 35% increase over 2023.
  • More than 250,000 learning hours were completed by employees, with expanded programs in AI literacy and leadership.
  • Recognition from Fortune and others for workplace excellence, family benefits and values-based leadership.

“At New York Life, protecting the future is at the core of what we do. Sustainability supports that mission by helping us manage risk, strengthen our operations and better meet the evolving expectations of our clients and other stakeholders,” said Amanda Lechenet, corporate vice president of Sustainability and Corporate Responsibility, New York Life.  “Our sustainability efforts align with our core values — integrity, financial strength and humanity — while contributing to long-term business performance. Whether through thoughtful investment practices, operational efficiencies or stronger community engagement, sustainability provides a practical framework for delivering value across our business."

The report also spotlights advances in responsible AI, data science and employee-led sustainability efforts. From climate-conscious operations to inclusive leadership development, New York Life continues to evolve responsibly — balancing heritage with innovation.

View New York Life’s 2024 Corporate Responsibility Report here.

View New York Life Investments’ 2024 Sustainability Report here.

For more information on New York Life’s social impact initiatives, visit newyorklife.com/foundation or newyorklife.com/about.

 

1 Based on the revenue reported by "Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual)", Fortune magazine, 6/2/25.

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Media contact

Kevin Maher
New York Life Insurance Company
(212) 576-7937
Kevin_B_Maher@newyorklife.com