Travelers to Reach Goal of Planting 1 Million Trees in Partnership With American Forests
April 22 2020 - 9:00AM
Business Wire
Company renews reforestation commitment to
commemorate Earth Day
The Travelers Companies, Inc. (NYSE: TRV) today announced the
company will reach its goal of planting 1 million trees in
partnership with American Forests, the country’s oldest nonprofit
conservation group. In honor of the 50th anniversary of Earth Day,
Travelers is also renewing its partnership with American Forests
through April 2021.
Over the past year, Travelers has planted one tree for every
Personal Insurance customer who transitioned to paperless billing.
Under the renewed agreement, the company will continue these
efforts and expects to plant up to 500,000 additional trees.
“We are proud to have reached this important milestone and to
continue our successful partnership with American Forests,” said
Michael Klein, Executive Vice President and President of Personal
Insurance at Travelers. “We are committed to operating our business
efficiently and sustainably. This program achieves both, by
creating a convenient experience for our customers and meaningfully
reducing our paper usage and carbon footprint.”
“With Travelers’ support, we planted 1 million trees in some of
America’s most endangered forests – taking 1 million steps for
safe, healthy communities and a vibrant natural environment,” said
Jad Daley, President and CEO of American Forests. “We are very
grateful to Travelers, one of our largest corporate partners, and
excited to continue working together to make a positive impact on
our planet.”
Customers can opt in to paperless billing, manage their account
and access online claim resources by visiting MyTravelers.com.
In addition to offering environmentally friendly options for
customers, Travelers is continually finding cost-effective ways to
improve the eco-efficiency of its operations, including by:
- Reducing its greenhouse gas emissions by 35% since 2011.
- Reducing energy consumption by approximately 50% since 2006 at
its largest-owned campus.
- Relying on renewable energy sources for 17% of the electricity
consumed at its owned facilities.
- Ensuring its owned campuses are ENERGY STAR® certified.
For more information about this initiative, visit
Travelers.com/paperless.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider
of property and 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 $32 billion in 2019. For more information, visit
www.travelers.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200422005511/en/
Media Sperry Mylott, 860.277.5075
smylott@travelers.com
The Travelers Companies (NYSE:TRV)
Historical Stock Chart
From Apr 2024 to May 2024
The Travelers Companies (NYSE:TRV)
Historical Stock Chart
From May 2023 to May 2024