It's an expression of sympathy and a commitment to prevent future occurrences of whatever caused the suffering, using language approved by a legal team. It's an explicit non-apology, since an apology would be an admission of fault or wrongdoing.
One may presume industry will get better and force maintaining an industry leading result to become an adequate result to address the problem, but that is still leaving the impetus of any change to an outside force.
"We measurably harmed you and are going to compensate you thusly"
His legal team will not allow that verbiage because it opens the door to basically infinite lawsuits
[someone cheated on their partner]: Cheating is reprehensible and should not happen... [as opposed to, I'm sorry for having cheated and hurt you, etc...]