How AEGON promotes corporate responsibility initiatives

About AEGON At a glance Chairman's letter Our strategy AEGON's businesses Growth initiatives AEGON's financial
performance in 2007

The scope of this report Global Reporting Initiative How AEGON promotes corporate responsibility initiatives >AEGON's global workforce Global Reporting Initiative - index Corporate and shareholder information

Home > Appendices > How AEGON promotes corporate responsibility initiatives

III. How AEGON promotes corporate responsibility initiatives

Corporate responsibility policies and initiatives are coordinated by Group Corporate Communications. Gregory W. Tucker, Vice-President Group Corporate Communications, manages all AEGON’s corporate responsibility processes. His responsibilities include policy-making as well as overseeing the monitoring and reporting of the company’s corporate responsibility initiatives.

In matters relating to corporate responsibility, Mr. Tucker reports to Alexander R. Wynaendts, member of AEGON’s Executive Board and Chief Operating Officer. In line with AEGON’s strategy of encouraging local decision-making, each country unit controls its own corporate responsibility agenda. Country units each have a Corporate Responsibility Leader, who is responsible for the following:

Implementing all corporate responsibility policies and initiatives;
Ensuring compliance with AEGON’s Code of Conduct;
Collating all relevant data on corporate responsibility issues;
Developing local corporate responsibility policies and monitoring local activities;
Reporting all progress to Group Corporate Communications.

Typically, the Corporate Responsibility Leader manages the country unit’s corporate responsibility activities alongside his or her other work responsibilities. Corporate responsibility activities are therefore reflected in the Corporate Responsibility Leader’s job performance targets and are a factor in determining that individual’s performance-related remuneration.