The ACE Group today announced the selection of seven national and two international forest restoration projects as part of its sponsorship of American Forests’ Global ReLeaf program, marking the sixth year it has supported this effort, and the second time the company has supported projects outside the United States under the program. In March, ACE renewed its sponsorship of the Global ReLeaf program, pledging to plant more than 13,500 trees – one for each environmental insurance policy written by ACE globally in 2012. Since it began its relationship with American Forests in 2007, ACE has sponsored nearly 50,000 tree plantings through the program.
“Last year was an extraordinary year for wildfires in the United States, the third worst fire season since 1960. It’s even more important for ACE to reaffirm its commitment and support to the American Forests Global ReLeaf program,” said Craig Richardson, Senior Vice President, ACE Environmental Risk. “We’re proud of our sustainability efforts through participation in this program and pleased that, with the continued support of our clients, we can take part in helping to drive the protection and expansion of the forest restoration program. We look forward to continuing to work together with American Forests to create a healthier planet.”
The ACE Group contributions supported 1,500 tree plantings in each of the following programs affiliated with American Forests Global ReLeaf program in 2012:
ACE has been a pioneer in developing advanced environmental risk insurance solutions designed to minimize bottom line impacts and provide hands-on management for environmental liabilities. ACE’s Environmental Risk divisions in the U.S. and abroad offer a full range of specialized environmental and sustainable property and casualty insurance products and services, promoted as “ACE Green,” including coverages for premises-based exposures, contractors’ and project pollution liability, and renewable energy and environmental cleanup projects.
To learn more about the ACE Group’s environmental insurance products and services, please visit www.acegroup.com. For more information about ACE’s overall environmental initiative, please visit www.acegreen.com. For more information on American Forests, please visit www.americanforests.org.
The ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 53 countries, ACE provides commercial and personal property and casualty insurance, personal accident supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. Additional information can be found at: www.acegroup.com.