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posted: 10/20/2020 2:30 PM

Allstate to track emissions of its suppliers

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NORTHBROOK -- Allstate Corp. said it will ask its suppliers to report emissions data in an effort to further mitigate its impact on the environment.

Allstate, one of the country's largest property and casualty insurers, is requesting its key suppliers begin reporting emissions data this year to CDP Supply Chain, a global disclosure system that enables companies to measure and manage their environmental impact. Allstate is among 30 new companies to join CDP Supply Chain in 2020.

"Allstate has been reporting to CDP since 2007. With a large global supply chain, we know that continuously working to mitigate our emissions and improve environmental disclosures extends to those we do business with," said Cheryl Harris, Allstate senior vice president of sourcing and procurement solutions. "This decision was the natural next step in our environmental, social and governance reporting journey."

In 2019, more than 8,400 companies disclosed environmental data through CDP at the request of hundreds of investors and purchasers.

"This milestone is a signal to suppliers, investors and other stakeholders that we take climate risk and environmental transparency seriously across our business," said Michael Thomas, vice president of administration and real estate.