American Family First US insurer to join the climate pledge

0
85

New You can now listen to articles in the Insurance Journal!

American Family Insurance is the first US-based insurance company to sign The Climate Pledge, joining 375 other national and global companies in more than 53 industries and 34 countries in a further commitment to take climate action.

Co-founded by Amazon and Global Optimism in 2019, The Climate Pledge is a commitment to be carbon neutral by 2040 and comply with the Paris Agreement 10 years earlier.

See also  ECB limits purchases of long-term debt issued by Climate Laggards

In 2020, American Family is committed to achieving carbon neutrality by 2030 by, among other things, reducing greenhouse gas emissions, increasing on-site renewable energy production and purchased renewable energy, and removing waste from landfills.

American Family said joining The Climate Pledge provides an opportunity to collaborate and share knowledge and resources with other signatories, while expanding the commitment and action of the American Family Insurance group of companies nationally.

See also  Real Estate Catastrophe Reinsurance Entering a Real Hard Market

“As one of the nation’s largest insurers, we know that mitigating and preventing the impact of heightened weather fluctuations and natural disasters is essential to our business,” said Bill Westrate, CEO and president of the American Family Insurance group of companies, in a statement. “We are committed to achieving our sustainability goals not only because it is good for the environment, but also because it is good for our customers and our business.”

See also  Specialty MGA Optio launches MGA and brokerage business in Dubai

subjects
Carriers USA

Was this article valuable?


Here are more articles you may like.

Interested in carriers?

Receive automatic notifications for this topic.

LEAVE A REPLY

Please enter your comment!
Please enter your name here