State Farm® releases its second Environmental, Social and Governance Report

State Farm has released its 2021 Environmental Social and Governance Report.  The 2021 report demonstrates our commitment and actions toward the concept, “Good Neighbors. Better World.” by outlining our ESG framework, and progress on environmental sustainability, social impact, and responsible governance of company operations.

Topics in the report include:

• Progress toward our goal of reducing greenhouse gas emissions by 50% by 2030 (using 2019 as a baseline year); we’re on track to meet that goal.
• Progress toward our supplier diversity goal.
• An update on our $100 million pledge with Business Roundtable over a 5-year period to help minority communities and address issues of racial equity and justice.
• More context on our data privacy and security efforts and the governance structures we have in place to ensure we keep our promises to customers and protect the information they’ve entrusted us with.
• Continued reach and breadth of our philanthropy efforts – over $55 million in grants given in 2021 and 202,000 hours volunteered by agents and employees.
• Efforts to use less paper – 70 million paper communications reduced last year alone.

As our ESG strategy matures, State Farm will identify the appropriate industry standards to track and validate progress.