Travelers Announces Its Reforestation Initiative With “American Forests”

By John Heerdink LinkedIn

The Travelers Companies, Inc. (TRV) in a joint initiative with the country’s oldest non-profit conservation group, American Forests announced to plant a tree when a customer opts for a paperless transaction. The venture aims to plant one million trees through April 2020 in aid to support reforestation in many states.

As per reports, Michael Klein, Executive Vice President and President of Personal Insurance at Travelers stated “Our commitment to plant trees with American Forests will hopefully encourage more policyholders to go digital.”

Jad Daley, President and CEO of American Forests encouraged the venture and stated “Travelers’ generous support will enable us to replant forests across some of America’s most important natural landscapes, restoring their capacity to collect and filter drinking water, provide wildlife habitat and naturally capture carbon emissions to slow climate change.” as per reports.

Traveler’s contribution in supporting the ecosystem along with its business operations can be vouched for. Below are other contributions in support of the environment:

  • Continuous efforts to analyze any impacts by the company’s action on the environment and finding a solution for the same.
  • The company partners with Habitat for Humanity® and IBHS to build economical IBHS FORTIFIED™ homes.
  • It helps prepare its customers for natural disasters or changing climatic conditions with the assistance of its 600+ risk consultants.
  • It offers discounts and insurance services to customers opting for fortified or LEED-certified homes and electric vehicles.

Dow 30 component, The Travelers Companies, Inc. (TRV) is an insurance provider of property casualty insurance for home, auto, and business. To learn more about The Travelers Companies, Inc. (TRV) and to continue to track its progress please visit the Vista Partners Travelers Companies, Inc. Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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Travelers Commits to Plant up to One Million Trees to Aid Reforestation Efforts

The Travelers Companies, Inc. (NYSE: TRV) today announced a new initiative with American Forests, the country’s oldest nonprofit conservation group, to plant a tree when personal lines customers choose paperless billing. “Our commitment to plant trees with American Forests will hopefully encourage..

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