NORTHBROOK, Ill., Sept. 22, 2011 /PRNewswire/ -- Allstate Insurance
Company announced today it has been named to the Carbon Disclosure
Project's (CDP) 2011 Carbon Disclosure Leadership Index for its
proactive approach to the disclosure of the company's climate
change information.
The index, a key component of CDP's annual S&P 500 report,
highlights the constituent companies within the S&P 500 Index
that have displayed the most professional approach to corporate
governance regarding climate change information disclosure
practices. Companies are scored on their climate change disclosure,
and high scores indicate good internal data management and
understanding of climate change-related issues affecting the
company.
Compiled by PwC on behalf of CDP, the index provides an
evaluation tool for institutional investors and other stakeholders.
For 2011, it comprises 55 companies from the S&P 500 Index
based on analysis of the responses to CDP's questionnaire, which
focused on greenhouse gas emissions, emissions reduction targets
and risks, and opportunities associated with climate change.
"Allstate strives to be transparent about our business
practices, including how we manage our carbon footprint and lessen
our impact on the environment," said Craig
Keller, director, public social responsibility at Allstate.
"We are pleased to be recognized for our efforts to inform others
about our actions to reduce our carbon footprint and mitigate the
risks of climate change to our operations."
"Companies that make the Carbon Disclosure Leadership Index have
demonstrated good internal data management practices for
understanding greenhouse gas emissions. They have shown a strong
awareness of the business issues related to climate change
including climate-related risks and opportunities," said
Paul Simpson, chief executive
officer of the Carbon Disclosure Project. "Those organizations that
give clear consideration to measuring and reporting on climate
change issues will be best placed to capitalize on the
opportunities from managing them."
As part of its commitment to reducing its carbon footprint,
Allstate has a goal to maintain or reduce Allstate's carbon
footprint on an annual basis, as published in the company's
response to the CDP annual survey. In 2010, Allstate met this goal
with a published 3 percent decrease over prior year or a total of a
15 percent reduction since its baseline of 2007. Additional
information regarding sustainability efforts at Allstate can be
found in its annual Social Responsibility Report at
http://www.allstate.com/social-responsibility.aspx.
The S&P 500 report including names of companies featured in
the Carbon Disclosure Leadership Index can be found at
www.cdproject.net.
About CDP
The Carbon Disclosure Project (CDP) is an independent
not-for-profit organization holding the largest database of primary
corporate climate change and water information in the world. Some
3,000 organizations across the world's largest economies now
measure and disclose their greenhouse gas emissions and assessment
of climate change risk and opportunity through CDP, in order that
they can set reduction targets and make performance improvements.
This data is gathered on behalf of 551 institutional investors,
holding US$71 trillion in assets. For
more information, visit www.cdproject.net.
About Allstate
The Allstate Corporation (NYSE: ALL) is the nation's largest
publicly held personal lines insurer known for its "You're In Good
Hands With Allstate®" slogan. Now celebrating its 80th anniversary
as an insurer, Allstate is reinventing protection and retirement to
help nearly 16 million households insure what they have today and
better prepare for tomorrow. Consumers access Allstate insurance
products (auto, home, life and retirement) and services through
Allstate agencies, independent agencies, and Allstate exclusive
financial representatives in the U.S. and Canada, as well as via www.allstate.com and
1-800 Allstate®.
SOURCE Allstate Insurance Company