Travelers Publishes Its 2020 Sustainability Report - Seite 2
- In each of the last 10 years, the company has increased the percentage of people of color in its U.S. workforce and has increased the percentage of women and people of color in U.S.
management-level positions.
Eco-Efficient Operations
- The company reduced its Scope 1 and Scope 2 emissions by nearly 55%, based on a 2011 base year. In addition, in 2021, Travelers announced its commitment to become carbon neutral across its owned operations by 2030.
Human Capital Management
- Through its new and innovative retirement savings benefit, The Travelers Paying It Forward Savings Program, the company matched $3 million in student loan payments with 401(k) contributions. More than 1,300 employees are enrolled in this program.
- The company’s average global voluntary turnover rate for the past three years was approximately 7%.
Investment Management
- As one of the largest investors in municipal bonds, the company provides funding to more than 900 municipal issuers, with the proceeds of its investments used to improve the quality of life in communities across all 50 states and Puerto Rico. For example, the company invests in municipal bonds that support water and sewer projects ($5.8 billion), which are helping mitigate pollution, provide safe drinking water, promote conservation and, in many cases, respond to changing climate conditions. Travelers also owns fixed income securities classified as “green bonds” ($1.4 billion).
The company’s sustainability reporting was guided by the input of key stakeholders and multiple sustainability disclosure frameworks. Travelers is a leader among domestic property casualty insurance companies in publishing reports responsive to the Sustainability Accounting Standards Board (SASB) standards for the insurance industry and the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has approximately 30,000 employees and generated revenues of approximately $32 billion in 2020. For more information, visit Travelers.com.
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