UPC Insurance Company Overview and ESG Strategy slide image

UPC Insurance Company Overview and ESG Strategy

Our ESG Approach We believe an effective ESG strategy leads to improved decision making, associate engagement, and results over time UPC's Core Values UPC Insurance has created a culture where people are empowered to address risks as they emerge. Motivated people combined with a strong corporate culture is the Company's greatest competitive advantage and sets the stage for long-term sustainability Persistence Teamwork UPC INSURANCE Keep the Promise Trust Bias to Action Accountability Integrity ESG Strategy & Commitments Environmental UPC is committed to incorporate and embed sustainability issues deeper into the Company's culture, strategic planning process and execution of its operational plans. This begins with addressing climate change by achieving net-zero carbon emissions for the Company's operations and through its value chain by no later than 2030 Social Responsibility UPC supports communities through various initiatives intended to give back and promote goodwill. UPC has provided support to numerous non-for-profit organizations over the past several years that champion noble causes including youth education, work force development, medical care/research, domestic violence shelters / prevention, child-care services, and many others Governance UPC is committed to increase the representation of women, people of color, and other underrepresented groups on its Board and Management Team. UPC's goal is to add at least two new Directors to its Board over the next couple of election cycles to improve overall diversity at the highest level of corporate governance UPC will increase its capital allocated toward ESG focused investment vehicles and opportunities from 0% up to 10% of total stockholders' equity attributable to UIHC stockholders. This is one of the most powerful ways an insurance company like UPC can drive progress by doing its part to ensure capital is more available and cost effective to those who practice sustainability 15
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