BLOOMINGTON, Ill.,
30
March
2021
|
07:59 AM
America/Chicago

Good Neighbors. Better World.

State Farm shares its 2020 actions and launches its next major initiative: reducing greenhouse gas emissions

For us at State Farm®, it’s not enough simply to do business with people; we must also be good neighbors alongside them. We’re committed to being a responsible corporate citizen that enhances the vibrant communities where our associates and customers live and work. This “Good Neighbors. Better World.” approach guided our actions in 2020 and continues to drive us going forward.

Those actions are shared in our first-ever annual report detailing our progress in environmental, social, and governance areas. One example is how in 2020, our national and local philanthropic giving totaled nearly $57 million—with more than $16 million supporting pandemic relief. State Farm invested an additional $10 million in minority and women small business owners in the Company’s home state of Illinois.

And—because cleaner air helps make a better world—State Farm is committing to reduce its greenhouse gas emissions by 50 percent by the end of 2030.

We have renewable or carbon-free power purchase agreements for several of our main employee campuses and we’re actively exploring sustainable solutions for fleet vehicles, energy efficiency capital projects, green natural gas – plus how to engage employees individually toward this target.

This step is just the first in our continuing efforts to being good stewards of the neighborhoods we serve.