Allstate Named to Climate Disclosure Leadership Index for Climate Change Transparency
Company reduces carbon footprint nearly 22 percent since 2007
NORTHBROOK, Ill. September 30, 2013 /3BL Media/ — For the third year in a row, Allstate has received a top leadership ranking on the Climate Disclosure Leadership Index because of the quality climate change data it submitted through CDP, the world’s only global environmental disclosure system. The achievement is highlighted in the CDP S&P 500 Climate Change Report 2013, which tracks how America’s largest listed companies are acting in response to a changing climate.
Allstate has taken part in CDP’s annual climate change survey for the past five years Designed to facilitate the management of greenhouse gas emissions and the risks and opportunities associated with climate change, the CDP represents 722 investors and $87 trillion in assets.
“Allstate environmental strategy and stewardship is crucial to our success as a business and as a corporate citizen,” said Vicky Dinges, vice president of corporate responsibility with Allstate. “We are extremely proud to announce a three percent reduction carbon footprint and more than five percent decrease in our energy consumption in 2012. These important milestones are a part of Allstate’s efforts to accelerate and increase our environmental stewardship.”
This annual index, compiled by PwC on behalf of CDP, highlights those companies listed on the Standard & Poor’s 500 Index (S&P 500) that have displayed a strong approach to the disclosure of information regarding climate change. Companies are scored on the completeness and quality of their submissions.
Out of a possible 100 points, Allstate achieved a score of 96, an increase of four points versus its score of 92 in 2012. Allstate was previously named by CDP to this important industry and business index in 2009 and again from 2011-2013. High scores indicate disclosure of robust climate data and a good understanding of climate change related issues affecting the company. Through various channels, including Bloomberg terminals, these scores are communicated to investors and other decision makers to assess corporate preparedness for changing market demands and emissions regulation.
The CDLI comprises the organizations that achieved a score within the top 10 percent of the sample assessed. In 2013, the S&P 500 CDLI includes 53 companies. The minimum score has risen year-after-year as corporate understanding of the need for climate transparency has increased.
- Reduced GHG emissions more than 3 percent in 2012, a nearly 22 percent reduction in carbon footprint since 2007.
- Reduced employee paper use by 12 percent over 2011.
- Saved more than 6 million pieces of paper in part by providing paperless solutions to Allstate customers.
- Secured LEED certification for two Allstate-owned properties.
A complete listing of Allstate’s achievements and environmental sustainability efforts can be found at
www. allstate.com/corporateresponsibility
The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer, serving approximately 16 million households through its Allstate, Encompass, Esurance and Answer Financial brand names and Allstate Financial business segment. Allstate branded insurance products (auto, home, life and retirement) and services are offered through Allstate agencies, independent agencies, and Allstate exclusive financial representatives, as well as via www. allstate. com, www. allstate. com/financial and 1-800 Allstate®, and are widely known through the slogan “You’re In Good Hands With Allstate®. ” As part of Allstate’s commitment to strengthen local communities, The Allstate Foundation, Allstate employees, agency owners and the corporation provided $29 million in 2012 to thousands of nonprofit organizations and important causes across the United States.
