The Hartford has announced a goal to achieve net-zero greenhouse gas emissions (GHGe) for its full range of businesses and operations by 2050, in alignment with the Paris Climate Accord.
This goal is in addition to the company’s existing targets to operate with 100% renewable-energy-source consumption for its facilities by 2030 and to reduce select GHGe by at least 2.1% each year starting in 2015 for a total reduction of 46.2% by 2037.
“The Hartford is proud to be a leader in helping address the extensive and crucial challenge of climate change, drawing on our centuries of experience managing risk and our legacy of sustainability,” The Hartford’s chairman and CEO Christopher Swift said.
“We recognise some critical metrics and standards still need to be established to measure progress toward our net-zero goal, but we are focused on doing the essential work and necessary due diligence over the next few years to position us to meet this societal imperative.”