HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford has been honored with two 2018 Climate Leadership Awards, one for excellence in reducing greenhouse gas emissions (GHG) across the company’s operations, and another for setting goals to continue decreasing emissions as part of an overall strategy to address climate change. The Hartford has received four Climate Leadership Awards since 2014.
“As a company in business for more than 200 years, we know what it means to be sustainable, and we are committed to understanding, managing and mitigating the risks associated with climate change,” said Diane Cantello, head of Corporate Sustainability at The Hartford. “The Hartford recognizes that the reduction of greenhouse gas emissions is everyone’s responsibility and that together we will prevail in meeting the challenges of our changing environment.”
The Climate Leadership Awards is a national program that recognizes and incentivizes exemplary corporate, organizational, and individual leadership in response to climate change. This year the Center for Climate and Energy Solutions (C2ES) and The Climate Registry (TCR), in partnership with Bloomberg Philanthropies, recognized 14 organizations, three partnerships, and one individual for the seventh annual Climate Leadership Awards.
“The Climate Registry applauds The Hartford for their outstanding dedication to climate action,” said Ann McCabe, interim executive director of The Climate Registry. “The Hartford is part of an incredibly important group of leaders who are accelerating the shift to a more sustainable future. We hope that their ability to bring about change will inspire and empower others to act.”
Michael R. Bloomberg, founder of Bloomberg Philanthropies, said, "The Climate Leadership Award winners show that fighting climate change and growing the economy go hand in hand. Their efforts are creating jobs around the country, saving lives by cleaning the air people breathe, and sending a strong message to the rest of the world: America will continue to lead the way on climate change, no matter what happens in Washington."
The Hartford was one of five awardees for Excellence in GHG Management (goal achievement) and one of seven who won Excellence in GHG Management (goal setting). The achievement award recognizes companies that meet their publicly established, aggressive goals to reduce GHG. The goal-setting award recognizes organizations that publicly report and verify organization-wide GHG inventories and publicly set aggressive GHG reduction goals.
The Hartford accomplished its goal of reducing GHG by 20 percent over five years by 2016, two years earlier than anticipated. The company’s new goal is to further reduce emissions by at least 2.1 percent annually, resulting in a minimum decrease of 25.7 percent by 2027 and 46.2 percent by 2037 using 2015 as the base year.
The Hartford’s annual reduction in GHG, measured in tons of carbon-dioxide equivalent (CO2E), 2007-2016
|Tons of CO2E||
About The Hartford
The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com. Follow us on Twitter at www.twitter.com/TheHartford_PR.
The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Conn. For additional details, please read The Hartford’s legal notice.
Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2017 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.
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