At ACE, we recognize our responsibility to provide solutions that help clients manage environmental risks, to reduce our own environmental impact and to make meaningful contributions to environmental causes.
Our annual Environmental Report outlines the full scope of our commitment and activities to address environmental concerns. The company also includes an Environmental Statement in its annual report.
ACE has been a pioneer in developing advanced environmental insurance solutions, including coverages for premises-based exposures, contractors’ and project pollution liability, and renewable energy and environmental cleanup projects, as well as “green building” consulting services and a property policy that enables greener rebuilding after a loss.
Carbon Emissions Reductions
A primary objective of ACE’s environmental program is to measure, record and reduce greenhouse gas (GHG) emissions in the company’s own operations. Since 2006, ACE GHG emissions have been reduced nearly 22% per employee. In September 2014, ACE announced a new companywide goal to reduce GHG 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.
In 2014, ACE earned a CDP disclosure score of 93 and a performance score of B. ACE was also one of just nine insurance companies – out of more than 330 ranked – to be cited as a leader for its climate risk disclosures by Ceres.
The environment is a priority in ACE’s corporate philanthropy. ACE supports the communities around the world in which our employees live and work through our established philanthropic entities and via company-sponsored volunteer initiatives. Grants from the ACE Charitable Foundations have helped preserve sensitive lands and habitats across the U.S. and around the world.
To engage our employees worldwide in our environmental efforts, ACE promotes the formation of employee volunteer committees that address the environmental impact of their local operations by taking steps such as powering off office equipment, reducing waste through recycling programs, and participating in volunteer clean-up activities in local communities.