By Heart of Illinois ABC
BLOOMINGTON – One of the nation’s largest insurance companies says its working to cut its greenhouse gasses by 50% in less than 10 years.
State Farm announced its initiatives Tuesday to focus on two types of greenhouse gas emissions, direct emissions, such as those from company facilities and vehicles, and indirect emissions, which include those from the generation of electricity supplied to the company.
“As a company, our mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams,” said State Farm Chairman, President and CEO Michael Tipsord in a press release. “We also believe we have a responsibility to promote, influence, and engage in environmentally sustainable behaviors on behalf of our current and future customers and associates.”
State Farm, in a press release, said it is currently working with a third party to validate its greenhouse gas emissions assessment and obtain Independent Assurance Statements for 2019 and 2020 greenhouse gas baseline data.
State Farm is also exploring sustainable solutions for fleet vehicles, energy efficiency capital projects, virtual power purchase agreements, and green natural gas.
When it comes to other environmental initiatives, State Farm says it has eliminated single-use plastic bottles at its large offices, “potentially avoiding the use of 2.3 million bottles.”
The announcement on its efforts to cut greenhouse gasses was part of State Farm’s “snap shot” of 2020 that provides an overview of the company in regards to the environment, and social and governance efforts.
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