FBL Financial Group Inc..
FFG.US | Life insurance
FBL Financial Group, Inc. is a holding company whose primary operating subsidiary is Farm Bureau Life Insurance Company. Farm Bureau Life provides a range of life insurance and annuity products to individuals and businesses. These products include whole life, term life, and universal life insurance ...Show More
Better Health for All
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The company's principal goods and services, which include life insurance, annuities, and financial advisory, have a neutral direct health impact. In 2017, the company generated positive health externalities by donating 1500 pounds of produce from its community garden to the Food Bank of Central Iowa.
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The company's products do not have direct safety implications for physical or mental health, nor do they have addiction potential. The company does not hold healthcare-related patents, produce food or nutritional products, or conduct clinical trials.
Fair Money & Economic Opportunity
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No evidence available to assess FBL Financial Group Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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In 2020, the CEO's total compensation was approximately 42 times the median employee compensation.
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The company also has a clawback policy for executive officers' short-term and long-term incentive awards, and anti-hedging and anti-pledging policies for named executive officers.
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Fair Trade & Ethical Sourcing
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No evidence available to assess FBL Financial Group Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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FFG.US provides an independent, confidential, and anonymous whistleblower hotline (833-220-9749) for reporting concerns related to accounting, internal controls, ethical conduct, or retaliation.
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Kind to Animals
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FFG.US, through its affiliation with the Farm Bureau, actively lobbies against animal welfare reform and environmental regulations
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, including opposing restrictions on pollution from Concentrated Animal Feeding Operations (CAFOs)
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and suing the EPA to limit legal redress for such pollution
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. The Farm Bureau also supports legislation that protects animals lawfully confined for science, research, and production
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. The animal agriculture practices associated with the Farm Bureau involve cramped conditions and a lack of natural behavior for animals in CAFOs
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, alongside significant waste production and pollution
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. As an insurance and financial services company, FFG.US's core business model means other animal welfare KPIs, such as cruelty-free certification, animal testing, and ethical input substitution, are not applicable.
No War, No Weapons
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No information relevant to the "No War, No Weapons" ethical value was found in the provided articles for FFG.US. The articles discuss the company's financial structure, acquisition, and carbon footprint, but do not contain any data regarding arms contracts, dual-use technologies, sales to embargoed regimes, peacebuilding investments, or any other metrics related to military or conflict-related activities.
Planet-Friendly Business
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FFG.US does not publicly provide data for any of the specific environmental performance metrics, including total greenhouse gas emissions, science-based targets, renewable energy consumption, water use, green building certifications, waste diversion rates, capital expenditure alignment with EU taxonomy, lifecycle impact analyses, recycled material ratios, carbon offset quality, climate-positive initiatives, supply chain climate transparency, supplier SBTi targets, biodiversity efforts, deforestation policies, environmental compliance violations, environmental impact assessments, net-zero targets, TCFD alignment, climate scenario analysis, stranded asset transparency, water sourcing from stressed basins, packaging CO2 reduction, climate justice initiatives, just transition programs, or climate adaptation financing. The company received a DitchCarbon score of 23, which is lower than the industry average of 27.
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Additionally, the Farm Bureau, with which FFG.US is affiliated, has been noted for lobbying against environmental regulations.
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Respect for Cultures & Communities
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FBL Financial Group (FFG.US) provided educational beanbags to 50 local United Way-supported early learning centers and home care providers.
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No cultural appropriation incidents were reported.
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The company's insurance business model does not typically involve operations that directly impact cultural contexts, making a specific cultural impact assessment protocol or Free, Prior and Informed Consent (FPIC) processes not applicable.
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Safe & Smart Tech
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A lawsuit alleges that FFG.US's management knew of fraudulent activity by company employees as far back as 2011
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and repeatedly concealed these instances from regulators in Iowa, Kansas, Nebraska, Utah, Arizona, and New Mexico, despite mandatory reporting requirements.
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This includes an alleged insurance adjuster breaking into a policyholder's garage in May 2023
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and hiding documentation using another insured's personal identification information.
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Additionally, a Kansas agent admitted to forging at least 100 forms without clients’ consent in 2022-2023.
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Users have the right to access and correct their information, but this requires a written request.
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They can also opt-out of receiving periodic marketing messages.
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Zero Waste & Sustainable Products
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No specific, concrete data points were found in the provided articles regarding FFG.US's performance on any of the Zero Waste & Sustainable Products KPIs. The articles discuss general company information, financial matters, or carbon footprint data not related to waste management, and explicitly state the absence of information for waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero-waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education.
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