Allstate named to the Carbon Disclosure Project’s (CDP) 2011 Carbon Disclosure Leadership Index
Allstate Insurance Company has been named to the Carbon Disclosure Project’s (CDP) 2011 Carbon Disclosure Leadership Index for its proactive approach to the disclosure of the company’s climate change information.
The index, a key component of CDP’s annual S&P 500 report, highlights the constituent companies within the S&P 500 Index that have displayed the most professional approach to corporate governance regarding climate change information disclosure practices. Companies are scored on their climate change disclosure, and high scores indicate good internal data management and understanding of climate change-related issues affecting the company. Compiled by PwC on behalf of CDP, the index provides an evaluation tool for institutional investors and other stakeholders. For 2011, it comprises 55 companies from the S&P 500 Index based on analysis of the responses to CDP’s questionnaire, which focused on greenhouse gas emissions, emissions reduction targets and risks, and opportunities associated with climate change.