American Family Insurance has become the first U.S.-based insurance company to sign , joining 375 other national and global companies across more than 53 industries and 34 countries in a further commitment to take climate action.
Co-founded by Amazon and Global Optimism in 2019, The Climate Pledge is a commitment to reach net-zero carbon by 2040 and meet The Paris Agreement 10 years early.
In 2020 American Family committed to achieving carbon neutrality by 2030 by reducing greenhouse gas emissions, increasing on-site renewable energy production and renewable energy purchased, and diverting waste from landfills, among other actions.
American Family said joining The Climate Pledge provides the opportunity to partner and share knowledge and resources with other signatories while extending its commitment and action across the American Family Insurance group of companies nationally.
“As one of the nation’s largest insurers, we know that mitigating and preventing the impacts of increased weather volatility and natural catastrophes are essential to our business,” said Bill Westrate, CEO and president of the American Family Insurance group of companies, in a statement. “We are committed to achieving our sustainability goals not only because it’s good for the environment but because it’s good for our customers and our business.”
Was this article valuable?
Here are more articles you may enjoy.
Allstate Insurers Sue Hyundai, Kia to Pay for Claims From Defective Cars 
Iowa Couple Pleads Guilty to Insurance Fraud 
Florida Commission Accepts Three New Flood Models as Storm Impacts Rise 
Boeing Dismantles DEI Team as Pressure Builds on New CEO 
