Travelers Commits to Plant up to One Million Trees to Aid Reforestation Efforts
24 Abril 2019 - 10:19AM
Business Wire
The Travelers Companies, Inc. (NYSE: TRV) today announced a new
initiative with American Forests, the country’s oldest nonprofit
conservation group, to plant a tree when personal lines customers
choose paperless billing. The company will plant up to one million
trees through April 2020, supporting the reforestation of
endangered ecosystems in several states.
“Our commitment to plant trees with American Forests will
hopefully encourage more policyholders to go digital,” said Michael
Klein, Executive Vice President and President of Personal Insurance
at Travelers. “Paperless billing provides an added level of
convenience for customers, while helping minimize our environmental
impact through a reduction in paper consumption and our overall
carbon footprint.”
“We are thrilled to work with Travelers on this ambitious
commitment, which is one of American Forests’ largest corporate
initiatives ever,” said Jad Daley, President and CEO of American
Forests. “Travelers’ generous support will enable us to replant
forests across some of America’s most important natural landscapes,
restoring their capacity to collect and filter drinking water,
provide wildlife habitat and naturally capture carbon emissions to
slow climate change.”
This partnership exemplifies how Travelers integrates
climate-related issues into its business. Other examples
include:
- Monitoring, assessing and responding to
the risks posed by changing climate conditions in order to provide
products and services that both help our customers mitigate those
risks and meet our long-term financial objectives.
- Monitoring opportunities presented by
evolving climate conditions and more “environmentally friendly”
trends in order to provide insurance products and services that
address our customers’ needs, such as green building coverages and
discounts for fortified or LEED certified homes and hybrid/electric
vehicles.
- Providing guidance to customers,
including through the company’s network of 600+ Risk Control
consultants, to help customers prepare for natural disasters and
mitigate the risks associated with changing climate conditions
and/or with “green” products or systems they may have
installed.
- Sponsoring the Insurance Institute for
Business and Home Safety (IBHS), the BuildStrong Coalition, Habitat
for Humanity® and the Wharton Risk Center to promote stronger
building codes and more resilient communities and to influence
industry standards and best practices; among other things,
Travelers partners with Habitat for Humanity® and IBHS to build
affordable, IBHS FORTIFIED™ homes in coastal areas.
- Creating the annual Excellence in
Community Resilience Award of $100,000 to recognize organizations
that demonstrate leadership in addressing disaster preparedness and
community resiliency.
- Continuously analyzing the company’s
impacts on the environment and looking for cost-effective ways to
minimizing those impacts, such as by ensuring that all
Travelers-owned campuses are ENERGY STAR® certified and undergo an
annual recertification process, and setting a goal to reduce the
company’s absolute Scope 1 and Scope 2 emissions by 40% by 2020,
based on a 2011 base year; as of the end of 2017, we have achieved
88% of this goal.
For more information and to sign up for paperless billing, visit
travelers.com/paperless.
About TravelersThe Travelers Companies, Inc. (NYSE: TRV)
is a leading provider of property casualty insurance for auto, home
and business. A component of the Dow Jones Industrial Average,
Travelers has approximately 30,000 employees and generated revenues
of approximately $30 billion in 2018. For more information, visit
www.travelers.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190424005609/en/
Media:Sperry Mylott,
860.277.5075smylott@travelers.com
The Travelers Companies (NYSE:TRV)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
The Travelers Companies (NYSE:TRV)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024