06/29/2022 | Press release | Distributed by Public on 06/29/2022 07:18
HARTFORD, Conn.--(BUSINESS WIRE)-- The Travelers Companies, Inc. (NYSE: TRV) today published its 2021 Sustainability Report, which outlines the company's comprehensive strategy for creating shareholder value over time, as well as its ongoing environmental, social and governance (ESG) initiatives.
"Our long-term success is tied to our ability to execute in the marketplace while upholding the promise we made to be there for our customers, communities and employees," said Yafit Cohn, Chief Sustainability Officer at Travelers. "This year's sustainability report details that approach and highlights how our ESG initiatives are integrated throughout everything we do."
The report provides an in-depth review of the 16 topics the company 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 2021 report include:
Climate Strategy
Community
Customer Experience
Diversity & Inclusion
Eco-Efficient Operations
Human Capital Management
Investment Management
Public Policy
The company's sustainability reporting is guided by multiple sustainability disclosure frameworks, as well as engagements with key stakeholders from both inside and outside the company. 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).
To learn more about Travelers' sustainability efforts, visit sustainability.travelers.com.
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 $35 billion in 2021. For more information, visit Travelers.com.
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Media:
Courtney Garro, 860-277-8719
[email protected]
Source: The Travelers Companies, Inc.