St. Paul (NYSE:STA)
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The St. Paul Travelers Companies, Inc. (“St.
Paul Travelers,” NYSE:STA) announced today its
participation in the U.S. Environmental Protection Agency’s
(EPA) “Climate Leaders”
program as part of its continued commitment to sustainable business
practices and focus on improving the environment of the communities in
which it does business. St. Paul Travelers is one of the first insurance
companies to join Climate Leaders, the EPA’s
industry-government partnership that works with companies to develop
long-term comprehensive climate change strategies and reduce greenhouse
gas (GHG) emissions.
“Protecting the environment and conserving
natural resources are important principles at St. Paul Travelers,”
said Andy Bessette, Executive Vice President and Chief Administrative
Officer, St. Paul Travelers. “While we’ve
been focusing on limiting greenhouse gas emissions throughout the
company for several years, Climate Leaders provides a tremendous
opportunity to demonstrate our progress and further enhance our
performance toward overall emissions reduction.”
In addition to joining Climate Leaders, the EPA is recognizing St. Paul
Travelers’ two largest campuses in Saint
Paul, Minn., and Hartford, Conn., with the ENERGY STAR®
label for demonstrating superior energy performance. The ENERGY STAR
label for buildings distinguishes these two St. Paul Travelers campuses
as ranking among the top 25 percent nationwide in energy performance.
Today, the company celebrated the certification in Saint Paul and
Hartford by unveiling the ENERGY STAR plaques at both corporate offices
with the help of city and state leaders and EPA representatives.
“St. Paul Travelers’
voluntary participation in the Climate Leaders program demonstrates a
serious commitment to corporate social responsibility," said Kathleen
Hogan, Director of EPA's Climate Protection Partnerships Division. “The
EPA applauds St. Paul Travelers for its environmental leadership and
strong commitment to conserving our natural resources.”
“I am pleased that St. Paul Travelers has
taken the steps to participate in the Climate Leaders Program,”
said Susan Cogswell, Connecticut Commissioner of Insurance. “Connecticut
took the lead by holding one of the first informational meetings on
climate change related to the insurance industry in October of 2005.
There are a wide range of impacts on the insurance industry and the
citizens created by climate change. Thank you to St. Paul Travelers for
taking this important step.”
St. Paul Travelers is an early adopter of sustainable business practices
to reduce the company’s environmental
footprint. As part of this commitment, St. Paul Travelers has
implemented environmentally sound programs within corporate operations,
such as incorporating hybrid vehicles into the business fleet, and
instituting an active recycling program for the proper disposal of
office waste. Both the corporate headquarters in Saint Paul and the
Hartford campus participate in shared heating and cooling systems that
dramatically reduce environmental effects.
“St. Paul Travelers is once again leading the
nation as an employer and corporate citizen, this time with their
efforts in energy management and conservation,”
said Glenn Wilson, Minnesota Commerce Commissioner. “This
company’s conservation efforts will pay off
in many ways, and I would encourage other Minnesota companies to follow
their lead.”
St. Paul Travelers is a leader in corporate efforts to reduce the
effects of climate change within the company, as well as with customers
and partners. “St. Paul Travelers’
participation in the Climate Leaders and ENERGY STAR programs
demonstrates its commitment to saving energy and reducing greenhouse gas
emissions,” said Norm Niedergang, Acting
Deputy Regional Administrator for EPA Region 5.
To help reduce greenhouse gas emissions, St. Paul Travelers’
initiatives include:
Active involvement in the Business Roundtable Climate Resolve Project –
focused on managing greenhouse gas emissions;
Incentives for policyholders to buy hybrid vehicles by offering a 10
percent discount(a) on auto insurance; and
Building “green practice”
criteria into corporate vendor and partner relationships.
St. Paul Travelers will also participate in the EPA and Department of
Energy (DOE) “Change A Light, Change The World”
campaign. The two month campaign, which begins this week, encourages
individual citizens to replace a conventional bulb or fixture in their
home or workplace with a bulb that has earned the government’s
ENERGY STAR label for energy efficiency. ENERGY STAR qualified bulbs and
fixtures use one-third the energy of traditional models and last up to
10 times longer. Consumers can save more than $30 in utility costs over
the lifetime of one bulb.
About Climate Leaders
Launched in 2002, Climate Leaders is a voluntary industry-government
partnership that works with companies to develop long-term comprehensive
climate change strategies, set corporate-wide greenhouse gas reduction
goals and inventory their emissions to measure progress. Companies that
participate in the Climate Leaders program report inventory data to the
EPA, creating a lasting record of accomplishments and identifying the
company as a corporate environmental leader. For more information about
Climate Leaders, visit http://www.epa.gov/climateleaders.
About ENERGY STAR
The EPA introduced ENERGY STAR in 1992 as a voluntary, market-based
partnership to reduce air pollution through increased energy efficiency.
The program helps businesses and consumers save energy and money today
while protecting the environment for future generations. Last year
alone, Energy Star helped Americans save enough energy to power 20
million homes and reduce greenhouse gas emissions equivalent to those
from 18 million cars - all while saving consumers and businesses $9
billion.
About St. Paul Travelers
St. Paul Travelers is a leading provider of property casualty insurance.
For more information, visit www.stpaultravelers.com.
(a)A discount of up to 10% applies only to certain coverages. The
discount may not be available in all states and is subject to individual
eligibility.
The St. Paul Travelers Companies, Inc. ("St. Paul Travelers,"
NYSE:STA) announced today its participation in the U.S. Environmental
Protection Agency's (EPA) "Climate Leaders" program as part of its
continued commitment to sustainable business practices and focus on
improving the environment of the communities in which it does
business. St. Paul Travelers is one of the first insurance companies
to join Climate Leaders, the EPA's industry-government partnership
that works with companies to develop long-term comprehensive climate
change strategies and reduce greenhouse gas (GHG) emissions.
"Protecting the environment and conserving natural resources are
important principles at St. Paul Travelers," said Andy Bessette,
Executive Vice President and Chief Administrative Officer, St. Paul
Travelers. "While we've been focusing on limiting greenhouse gas
emissions throughout the company for several years, Climate Leaders
provides a tremendous opportunity to demonstrate our progress and
further enhance our performance toward overall emissions reduction."
In addition to joining Climate Leaders, the EPA is recognizing St.
Paul Travelers' two largest campuses in Saint Paul, Minn., and
Hartford, Conn., with the ENERGY STAR(R) label for demonstrating
superior energy performance. The ENERGY STAR label for buildings
distinguishes these two St. Paul Travelers campuses as ranking among
the top 25 percent nationwide in energy performance. Today, the
company celebrated the certification in Saint Paul and Hartford by
unveiling the ENERGY STAR plaques at both corporate offices with the
help of city and state leaders and EPA representatives.
"St. Paul Travelers' voluntary participation in the Climate
Leaders program demonstrates a serious commitment to corporate social
responsibility," said Kathleen Hogan, Director of EPA's Climate
Protection Partnerships Division. "The EPA applauds St. Paul Travelers
for its environmental leadership and strong commitment to conserving
our natural resources."
"I am pleased that St. Paul Travelers has taken the steps to
participate in the Climate Leaders Program," said Susan Cogswell,
Connecticut Commissioner of Insurance. "Connecticut took the lead by
holding one of the first informational meetings on climate change
related to the insurance industry in October of 2005. There are a wide
range of impacts on the insurance industry and the citizens created by
climate change. Thank you to St. Paul Travelers for taking this
important step."
St. Paul Travelers is an early adopter of sustainable business
practices to reduce the company's environmental footprint. As part of
this commitment, St. Paul Travelers has implemented environmentally
sound programs within corporate operations, such as incorporating
hybrid vehicles into the business fleet, and instituting an active
recycling program for the proper disposal of office waste. Both the
corporate headquarters in Saint Paul and the Hartford campus
participate in shared heating and cooling systems that dramatically
reduce environmental effects.
"St. Paul Travelers is once again leading the nation as an
employer and corporate citizen, this time with their efforts in energy
management and conservation," said Glenn Wilson, Minnesota Commerce
Commissioner. "This company's conservation efforts will pay off in
many ways, and I would encourage other Minnesota companies to follow
their lead."
St. Paul Travelers is a leader in corporate efforts to reduce the
effects of climate change within the company, as well as with
customers and partners. "St. Paul Travelers' participation in the
Climate Leaders and ENERGY STAR programs demonstrates its commitment
to saving energy and reducing greenhouse gas emissions," said Norm
Niedergang, Acting Deputy Regional Administrator for EPA Region 5.
To help reduce greenhouse gas emissions, St. Paul Travelers'
initiatives include:
-- Active involvement in the Business Roundtable Climate Resolve
Project - focused on managing greenhouse gas emissions;
-- Incentives for policyholders to buy hybrid vehicles by
offering a 10 percent discount(a) on auto insurance; and
-- Building "green practice" criteria into corporate vendor and
partner relationships.
St. Paul Travelers will also participate in the EPA and Department
of Energy (DOE) "Change A Light, Change The World" campaign. The two
month campaign, which begins this week, encourages individual citizens
to replace a conventional bulb or fixture in their home or workplace
with a bulb that has earned the government's ENERGY STAR label for
energy efficiency. ENERGY STAR qualified bulbs and fixtures use
one-third the energy of traditional models and last up to 10 times
longer. Consumers can save more than $30 in utility costs over the
lifetime of one bulb.
About Climate Leaders
Launched in 2002, Climate Leaders is a voluntary
industry-government partnership that works with companies to develop
long-term comprehensive climate change strategies, set corporate-wide
greenhouse gas reduction goals and inventory their emissions to
measure progress. Companies that participate in the Climate Leaders
program report inventory data to the EPA, creating a lasting record of
accomplishments and identifying the company as a corporate
environmental leader. For more information about Climate Leaders,
visit http://www.epa.gov/climateleaders.
About ENERGY STAR
The EPA introduced ENERGY STAR in 1992 as a voluntary,
market-based partnership to reduce air pollution through increased
energy efficiency. The program helps businesses and consumers save
energy and money today while protecting the environment for future
generations. Last year alone, Energy Star helped Americans save enough
energy to power 20 million homes and reduce greenhouse gas emissions
equivalent to those from 18 million cars - all while saving consumers
and businesses $9 billion.
About St. Paul Travelers
St. Paul Travelers is a leading provider of property casualty
insurance. For more information, visit www.stpaultravelers.com.
(a)A discount of up to 10% applies only to certain coverages. The
discount may not be available in all states and is subject to
individual eligibility.