Being a Good Neighbor by being a Green Neighbor
State Farm® signs agreement to purchase renewable energy credits for corporate facilities in Illinois
Being a good neighbor means caring about the communities we live and work in.
That is why State Farm is committed to reducing its environmental impact by entering into an agreement with Constellation, one of the nation’s leading suppliers of power and natural gas whose products include renewable energy and energy management products.
State Farm has set the goal of a 50 percent reduction in greenhouse gas emissions by 2030 and is getting there by taking a variety of steps to promote renewable energy generation in markets where it has a large footprint. The insurer will purchase zero-emission, renewable energy equivalent to what is currently used to power its corporate headquarters, operations center, and other Bloomington-located facilities.
“State Farm is committed to reducing its overall impact on the environment and addressing climate change,” says Jenny Greminger, vice president of Administrative Services and Public Affairs at State Farm.” Our efforts to improve energy efficiency, reduce waste, and lessen our carbon footprint is just another example of State Farm’s pledge to be a good neighbor.”
In total, eight State Farm facilities in Bloomington, Illinois will procure approximately 103,000 megawatt hours of energy per year from Constellation. This is the equivalent of 74,000 metric tons of carbon emissions annually, or 16,000 gasoline-powered passenger vehicles driven for one year, according to U.S. EPA greenhouse gas equivalencies.
The company has implemented other initiatives to lessen its carbon footprint, reduce waste and improve energy efficiency. For example, the State Farm Bloomington campus has also increased green space and continues to reintroduce native grasses into the landscape. These efforts reduce mowing and chemical use, provide habitat for wildlife, and control storm water runoff. And in commemoration of its 100th anniversary, State Farm dedicated $2 million dollars in grants to create safer, stronger more resilient communities. The Century of Good grants supported projects focused on a range of community-specific environmental priorities from improving air quality and energy efficiency to improving recycling rates and conserving green spaces.
Learn more about our environmental efforts by reviewing the 2021 Environmental Social and Governance Report. The report outlines our progress on environmental sustainability, social impact, and responsible governance of company operations.
For 100 years, the mission of State Farm has been and continues to be to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. State Farm and its affiliates are the largest providers of auto and home insurance in the United States. Its more than 19,400 agents and approximately 53,400 employees serve over 87 million policies and accounts – which includes auto, fire, life, health, commercial policies and financial services accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 42 on the 2022 Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com.