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Insurer ACE aims to reduce greenhouse gas emissions 10%


September 9, 2014   by Canadian Underwriter


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ACE Group recently announced it has a company-wide goal of reducing greenhouse gas emissions by 10% per employee from 2012 to 2020.

“To achieve its new goal, ACE will continue to deploy the approaches it has used successfully to date, including installing energy-efficient lighting and equipment and more efficient use of office space,” the Zurich, Switzerland-based firm stated in a news release Sept. 4. “ACE also plans to continue to invest in and implement energy audits and efficiency improvements within the company’s owned and long-term leased spaces.”

Insurance company ACE aims to reduce its greenhouse gas emissions by installing energy-efficient lighting and using office space more efficiently

ACE Group’s Canadian subsidiaries include commercial property & casualty insurance carrier ACE INA, ACE Tempest Re Canada Inc. and Rain and Hail. Worldwide since 2006, Ace says, its GHG emissions “have been reduced nearly 22% per employee.”

ACE said its emissions reduction program began in 2007 when it joined the United States Environmental Protection Agency’s (EPA) Climate Leaders program.

“ACE used the program’s rigorous methodology to complete its 2006 base-year GHG inventory and, based on that data, publicly announced its original goal,” the firm stated in a release. “While EPA phased out the Climate Leaders program, ACE has continued to track and report on its global GHG emissions annually.”

Insurance company ACE aims to reduce its greenhouse gas emissions by installing energy-efficient lighting and using office space more efficiently.


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