BOSTON--(BUSINESS WIRE)--In recognition of Liberty Mutual’s ongoing efforts to lower the company’s overall energy consumption, the Environmental Protection Agency (EPA) has awarded its ENERGY STAR label to a third Liberty Mutual building and increased the rating on one of the company’s other previously ENERGY STAR labeled facilities.
This year the company’s Dover, NH West Campus received an ENERGY STAR label for the energy saved by reducing by an hour both the lighting schedule and the building’s HVAC/boiler run time. Liberty Mutual’s Boston headquarters, which received an ENERGY STAR label last year, increased the facility’s label rating by nine percent, earning it an 84 rating up from 77 rating, through lowering gas usage and decreasing chiller run time. The company’s Weston, Mass. office was the second building to receive the ENERGY STAR label last year and retains its rating of 82.
This latest recognition from the EPA adds another award to Liberty Mutual’s portfolio of resource conservation and preservation initiatives that include five LEED-Certified buildings and development of a flexible green property insurance endorsement. In December, the company received the 2009 Environmental Leader Award from Automotive Fleet magazine for having 50 percent of its automotive fleet consist of PZEV (partial zero emission vehicle) and flex-fuel vehicles.
“Our conservation initiatives continue to demonstrate that small changes can make a significant difference in a company’s energy consumption,” said Anthony Leonard, Liberty Mutual’s Regional Facility Manager - New England operations. “We are pleased to receive this third ENERGY STAR label as well as the EPA’s recognition of the improved performance of our Boston facility. Building on these accolades, we will continue to look for ways to improve our operations’ efficiency and hope to increase our ratings again in 2010 through further reductions in electricity and gas usage.”
This strategy of focusing on meaningful energy reduction activities lets Liberty Mutual behave responsibly for both the environment and our policyholders. One of the company’s other successful green initiatives is Liberty Mutual Property’s Green Select™ policy endorsement that gives customers the coverage flexibility necessary to protect their investments.
“Because standard commercial property insurance policies typically do not cover many aspects of green properties, companies that want to reduce their carbon footprint face unique insurance requirements,” said Ann Butterworth, director of property underwriting for Liberty Mutual Property. “Whether a company has a green building or would like to take the necessary steps to “green” their current business, property owners should work with their insurance broker or agent to purchase green insurance coverage from an insurer that performs onsite engineering visits and offers insight on the valuation analysis to assist them with arriving at an accurate property assessment.”
From Liberty Mutual’s company-wide campaign to use recycled paper, which saved the equivalent of 2,300 trees in 2009, to its local storage of archived records that eliminated the consumption of over 352,000 gallons of diesel fuel in the past 18 months, the company will continue to seek out ways that improve the environment as well as the bottom line.
About Liberty Mutual Group
Boston-based Liberty Mutual Group is a diversified global insurer and fifth largest property and casualty insurer in the U.S. based on 2008 direct written premium. The Company also ranks 86th on the Fortune 500 list of largest corporations in the U.S. based on 2008 revenue. As of December 31, 2009, Liberty Mutual Group had $109.5 billion in consolidated assets, $95.0 billion in consolidated liabilities, and $31.1 billion in annual consolidated revenue.
Liberty Mutual Group offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, commercial multiple peril, commercial automobile, general liability, global specialty, group disability, assumed reinsurance, fire, and surety. Liberty Mutual Group (http://www.libertymutualgroup.com) employs over 45,000 people in more than 900 offices throughout the world.