Climate change also can have a human cost, causing suffering for our customers, employees and the communities where we live and work. In 2013–2014, we developed a new climate change statement defining our management approach to one of society’s most pressing global challenges. Our sustainability leadership team, along with other company leaders, engaged in an extensive and careful review of this statement, which can be read below.
Approach to Managing Climate Risk
As an insurer, employer, investor, property owner, and responsible corporate citizen, Allstate is committed to dedicating resources to help mitigate and manage the risks associated with climate change. This document outlines this commitment and includes Allstate’s progress towards mitigating its climate change–related impact, and its goals to further reduce that impact.
The following climate change statement was developed by Allstate’s cross-functional Sustainability Leadership Committee, composed of various internal stakeholders including leaders from the following departments: Sourcing and Procurement, Corporate Relations, Law and Regulation, Corporate Administration and Real Estate, Product Operations, Enterprise Risk and Return, Protection Finance, Investments, and Claims.