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
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Tons of CO2E
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Year
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232,724
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2007
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221,977
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2008
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206,895
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2009
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183,136
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2010
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170,462
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2011
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147,769
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2012
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127,814
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2013
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113,733
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2014
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100,959
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2015
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84,609
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2016
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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.
HIG-C
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.
From time to time, The Hartford may use its website to disseminate
material company information. Financial and other important information
regarding The Hartford is routinely accessible through and posted on our
website at https://ir.thehartford.com.
In addition, you may automatically receive email alerts and other
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visiting the “Email Alerts” section at https://ir.thehartford.com.