The Allstate Corporation (NYSE:ALL) announced it has committed to achieve net zero emissions for direct, indirect and value-chain greenhouse gas emissions by 2030. It will also set a target year for achieving a net zero investment portfolio by the end of 2025. The pledge by Allstate, the fourth largest private passenger auto insurer in the […]
Allianz Says Increased Part Repairs, Recycled Parts Use Would Significantly Lower Collision Repair Industry CO2 Emission in Europe
Company also forms partnerships to help repairers source recycled parts. Seeks to create sustainable repair facility certification program. Sustainable car insurance was the focus of the 10th Allianz Motor Day on October 19. Discussions at the international event hosted by global insurer Allianz centered on electric mobility as a key lever for decarbonization, as well […]
New York State to Mandate All New Vehicles be Zero Emission in 2035
Governor signs directive to advance zero-emission vehicles requirements for all new passenger cars, pickup trucks, and SUVs sold in state. New York Governor Kathy Hochul yesterday commemorated National Drive Electric Week by directing the State Department of Environmental Conservation to take major regulatory action that will require all new passenger cars, pickup trucks, and SUVs […]
American Family Joins The Climate Pledge
American Family Insurance has become the first U.S.-based insurance company to join more than 375+ national and global companies across more than 53 industries and 34 countries in further committing to taking climate action by signing The Climate Pledge. Co- founded by Amazon and Global Optimism in 2019, The Climate Pledge is a commitment to […]
PPG Commits to Setting Science-Based Targets to Reduce Greenhouse Gas Emissions
PPG (NYSE:PPG) today announced that it has committed to setting near-term company-wide emission reductions in line with climate science through the Science Based Target initiative (SBTi), which is an organization that helps companies define their decarbonization strategy and reduce the impacts of climate change. PPG has an existing goal to reduce GHG emissions intensity by […]
Biden Administration Executive Order Sets Goal to Have 50% of New Cars and Light Trucks Sold in 2030 be Electric Vehicles
EPA also proposed 2023-2026 Emission standards for cars and light trucks and begins heavy-duty vehicle emissions rulemaking process. President Biden signed an Executive Order on August 5 setting a goal of having 50% of passenger cars and light trucks sold in the U.S. in 2030 to be zero-emission vehicles, including battery electric, plug-in hybrid electric, […]
State Farm Announces 50% Greenhouse Gas Reduction Goal by 2030
Insurer releases its first environmental, social, and governance report. State Farm announced its commitment to an environmentally sustainable future with a goal to reduce its greenhouse gas (GHG) emissions by 50 percent by the end of 2030. The company shared a new environmental sustainability goal for the future and a new report documenting the company’s […]