Allstate Named to S&P 500 and Global 500 Carbon Disclosure Leadership Indices
September 25 2009 - 4:12PM
PR Newswire (US)
NORTHBROOK, Ill., Sept. 25 /PRNewswire-FirstCall/ -- Allstate
Insurance Company announced today it has been named to the Carbon
Disclosure Project's (CDP) 2009 Carbon Disclosure Leadership Index,
a list of the top companies demonstrating industry leading climate
change disclosure practices. The index is a key component of CDP's
annual "S&P 500 Report," with high scores indicating good
internal data management and understanding of climate change
related issues affecting the company. Compiled by
PricewaterhouseCoopers on behalf of CDP, the 2009 Carbon Disclosure
Leadership Index is intended to provide an evaluation tool for
institutional investors. It comprises the top scoring 50 companies
of the S&P 500 based on analysis of the responses to CDP's 2009
Questionnaire, which focused on greenhouse gas emissions, emissions
reduction targets and risks and opportunities associated with
climate change. Allstate was also named in the Carbon Disclosure
Leadership Index for CDP's "Global 500 Report," which highlights
the constituent companies within the FTSE Global 500 Index that
meet the same criteria as the S&P index. "Allstate's focus on
disclosure is the right thing to do and also makes good business
sense for the company," said Vicky Dinges, Assistant Vice
President, Public Social Responsibility for Allstate. "This honor
is something our customers, investors, employees and agents can all
feel good about." "Companies recognized in the Carbon Disclosure
Leadership Index are rewarded for high quality responses to CDP,
which demonstrate a good understanding of how climate change is and
will continue to impact their business. Companies which control
their risks today, manage their emissions and seize the
opportunities to produce low carbon goods and services, will be the
best placed to prosper in a low carbon economy of the future,"
commented Paul Dickinson, Chief Executive of the Carbon Disclosure
Project. The S&P 500 Report and the Global 500 Report including
names of companies featured in the Carbon Disclosure Leadership
Index can be found at http://www.cdproject.net/. The Allstate
Corporation (NYSE:ALL) is the nation's largest publicly held
personal lines insurer. Widely known through the "You're In Good
Hands With Allstate " slogan, Allstate is reinventing protection
and retirement to help more than 17 million households insure what
they have today and better prepare for tomorrow. Consumers access
Allstate insurance products and services through Allstate agencies,
independent agencies, and Allstate exclusive financial
representatives in the U.S. and Canada, as well as via
http://www.allstate.com/ and 1-800 Allstate . The Carbon Disclosure
Project (CDP) is an independent not-for-profit organisation holding
the largest database of corporate climate change information in the
world. CDP gathers data through its annual Information Requests on
behalf of institutional investors, purchasing organisations and
government bodies. Since its formation in 2000, CDP has become the
gold standard for carbon disclosure methodology and process,
providing essential climate change data to the global market place.
Investor CDP represents some 475 institutional investors, with
combined assets under management in excess of $55 trillion. CDP
also works with private and public sector organizations to
facilitate the collection of climate change data from their supply
chains, as well as with local government to drive emissions
reduction and sustainable development in key cities around the
world. More than 2,500 major corporations around the globe report
their greenhouse gas emissions and the risks and opportunities
posed by climate change through CDP. The Carbon Disclosure Project
is a Registered Charity (no. 1122330). In the United States, CDP's
sponsor liaison is Rockefeller Philanthropy Advisors, which
provides CDP with 501(c)3 charitable status. DATASOURCE: Allstate
Insurance Company CONTACT: David Steck of Allstate Insurance
Company, +1-847-402-5600 Web Site: http://www.allstate.com/
http://www.cdproject.net/
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