HARTFORD, Conn.--(BUSINESS WIRE)--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.
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.