Environmental Sustainability promoted and practised by insurer
To raise awareness of climate change, The Travelers Company Inc., A US insurer, developed a series workshops and sponsorships and then initiated new underwriting strategies responsive to climate change, which included: 1. The first national insurance discount of 10% for hybrid automobile drivers which offered consumers incentive to minimize environmental impact. 2. A new generation…
BPIR Categories
12.1 Formulate environmental management strategy
3.2.1 Translate customer needs into product requirements
12.9 Implement sustainable business strategies