GHG Emissions - April 8, 2022
The Hartford Sets 2050 Goals
The Hartford announced a goal to achieve net zero GHG emissions for its 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 GHG emissions 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,” said The Hartford’s Chairman and CEO Christopher Swift in a statement. “We recognize 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.”
The company will evaluate various options and keep its stakeholders informed of progress toward adopting a methodology to measure GHG emissions in its portfolio of businesses and investments.
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