Named to North America Index for 11th
Consecutive Year
NEW YORK--(BUSINESS WIRE)--
The Travelers Companies, Inc. (NYSE: TRV)
today announced that it has been included as a component of the Dow
Jones Sustainability Indices’ North America Index for the 11th
consecutive year. Companies are selected based on an assessment of their
long-term economic, environmental and social practices. Only companies
that lead their industries based on this assessment are included in the
indices.
“Creating long-term shareholder value is not just something we talk
about, it’s how we operate, and doing the right things for our
customers, employees and communities is a critical part of that,” said
Brian MacLean, President and Chief Operating Officer of Travelers. “We
are proud to be included on the Dow Jones Sustainability Index year
after year and see it as an important measure of our company’s social
responsibility efforts and our culture.”
Travelers strives to be a leader in corporate
citizenship through various environmental, social and governance
initiatives.
Environment and sustainability
Travelers promotes responsible environmental
practices that seek to reduce its carbon footprint and build
resilient communities through a number of initiatives, including:
-
Developing insurance products to encourage adoption of fortified home
construction, green buildings and hybrid/electric vehicles.
-
Ensuring all Travelers-owned campuses are ENERGY STAR® certified and
undergo an annual recertification process.
-
Demonstrating climate risk transparency through the annual NAIC
Insurer Climate Risk Survey and CDP response.
-
Partnering with Habitat for Humanity® and Insurance Institute for
Business and Home Safety (IBHS) to construct IBHS FORTIFIED™ homes in
coastal areas.
-
Providing the annual Excellence in Community Resilience Award to
recognize organizations that demonstrate leadership in addressing
disaster preparedness and community resiliency.
Social responsibility and investment in employees
and communities
From charitable
giving and employee volunteer activities to signature philanthropic
programs, Travelers helps its communities in a number of ways. The
company is also committed to ensuring that its hiring practices and
employee engagement activities cultivate a diverse, inclusive and
sustainable workforce. Examples include:
-
Providing more than $200 million in charitable giving through
Travelers and the Travelers Foundation over the past decade.
-
Hiring and developing a diverse and sustainable workforce, including
through eight Diversity Networks, leadership and development programs,
and entry-level diversity recruiting programs.
-
Serving as a leader in public policy through the Travelers Institute,
including symposia series on disaster preparedness, consumer insurance
education, cyber risks and assisting small businesses in overcoming
everyday challenges.
-
Launching the Small Business Risk Education program in 2012 to help
women and minority small business owners learn about risk management,
develop safety risk management plans and qualify for microloans.
-
Establishing Travelers EDGE® in 2007 to increase the number of
underrepresented students who complete bachelor’s degrees and are
prepared for careers. Travelers EDGE has supported more than 400
underrepresented scholars and has a 73 percent success rate of
students obtaining bachelor’s degrees or remaining in the program.
Governance and transparency
The company operates ethically and with integrity to promote the
long-term interests of its shareholders
through practices and initiatives that include:
-
Having 12 of 13 Board members independent, with Risk, Audit,
Nominating and Governance, Investment and Capital Markets, and
Compensation committees composed of and chaired by independent
directors.
-
Ensuring a diverse Board in terms of gender, ethnicity, experience and
skills. In accordance with the Company’s Governance Guidelines, in
selecting future director nominees, the Board considers, among other
criteria, diversity of viewpoints, background, experience and other
demographics.
-
Integrating enterprise risk management in its operations, with
oversight by both Board and Management Risk Committees.
-
Ensuring that 100 percent of employees complete training on and
certify compliance with the Travelers Code of Conduct.
To learn more about the company’s environmental, social and governance
practices, visit the Commitment
to Corporate Citizenship section of the Travelers website.
Launched in 1999, the Dow Jones Sustainability Indices were the first
global sustainability benchmark, tracking the financial performance of
the world’s leading companies in terms of sustainable business
practices. For more about the indices, visit www.sustainability-indices.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
$28 billion in 2016. For more information, visit www.travelers.com.

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The Travelers Companies, Inc.
Investors:
Gabriella
Nawi, 917-778-6844
or
Media:
Courtney Garro,
860-277-8719
Source: The Travelers Companies, Inc.