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Subjects: Product/Service, Corporate Social Responsibility

Travelers Publishes Its 2020 Sustainability Report


The Travelers Companies, Inc. (NYSE: TRV) today published its annual Sustainability Report, which outlines the company's multifaceted strategy for creating shareholder value over time and highlights its 2020 environmental, social and governance (ESG) initiatives.

"We take a holistic approach to sustained value creation, understanding that our long-term success depends not only on our business strategy and competitive advantages but also on keeping our promise to be there for our customers, communities and employees," said Yafit Cohn, Chief Sustainability Officer at Travelers. "This year's report showcases the ways that we delivered on that promise and raised the bar in terms of taking care of all our stakeholders during a globally challenging time."

The report provides an in-depth review of the 16 topics that Travelers has identified as its key drivers of sustained value: Business Strategy & Competitive Advantages, Capital & Risk Management, Climate Strategy, Community, Customer Experience, Data Privacy & Cybersecurity, Disaster Preparedness & Response, Diversity & Inclusion, Eco-Efficient Operations, Ethics & Values, Governance Practices, Human Capital Management, Innovation, Investment Management, Public Policy and Safety & Health.

Highlights from the company's 2020 report include:

Climate Strategy

Community

Customer Experience

Diversity & Inclusion

Eco-Efficient Operations

Human Capital Management

Investment Management

The company's sustainability reporting was guided by the input of key stakeholders and multiple sustainability disclosure frameworks. Travelers is a leader among domestic property casualty insurance companies in publishing reports responsive to the Sustainability Accounting Standards Board (SASB) standards for the insurance industry and the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

About Travelers

The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has approximately 30,000 employees and generated revenues of approximately $32 billion in 2020. For more information, visit Travelers.com.



News published on 16 june 2021 at 09:10 and distributed by: