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ACE Recognized As Global Leader In Carbon Performance And Disclosure By The Carbon Disclosure Project

Stocks in this article: ACE

The ACE Group announced today that it has earned recognition for leadership in carbon performance and disclosure from the Carbon Disclosure Project (CDP), an independent, not-for-profit organization that gathers and scores corporate carbon emissions information globally. CDP named ACE to all four of its 2012 leadership indexes – the Global 500 Carbon Performance Leadership Index (CPLI), the Global 500 Carbon Disclosure Leadership Index (CDLI), and the S&P 500 CPLI and CDLI.

ACE was one of three companies, and the only insurer, to be named to all four of CDP’s leadership indexes. ACE was among 16 companies overall – and one of only two insurers – on both of CDP’s Global 500 leadership indexes.

“It is an honor to be recognized on these distinctive listings,” said John Keogh, Vice Chairman and Chief Operating Officer, ACE Limited. “This is a reflection on the efforts and commitment of ACE employees around the world to not only help our clients manage the economic impact from climate and other environmental risks, but to also be a part of the solution by controlling our own ecological impact and supporting related causes and initiatives.”

ACE has aggressively worked to make global greenhouse gas emissions reductions throughout its worldwide operations and has reduced emissions 25% per employee since 2006. Energy conservation improvements also have resulted in Leadership in Energy and Environmental Design (LEED) certifications for its offices in Philadelphia and Hamilton, Bermuda, and Energy Star Certification by the U.S. Environmental Protection Agency for the company’s offices in Philadelphia and Wilmington, Del.

Paul Simpson, Chief Executive Officer of CDP, commented: “Companies in the CPLI or the CDLI have demonstrated a clear commitment to manage their greenhouse gas emissions, and a strong internal data management practice for the measurement of GHG emissions and energy use. These organizations have worked to reduce their emissions and integrate climate change into their business strategies and have given clear consideration to the business issues related to climate change and their exposure to climate-related risks and opportunities.”

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