Integrity

Allstate takes action to reduce carbon emissions

Strong environmental practices have always been at the forefront of Allstate's business strategy. Our net zero pledge supports our commitment to improving the well-being and resiliency of communities while we continue to help customers get ahead of climate-related catastrophes before they occur.

Predict better. Prepare better. Protect better.

The increase in severe climate disasters is transforming the way Allstate does business. We are reevaluating investments, partnerships and our overall business strategy to continue our long legacy of being there for our customers when catastrophes occur.

At the end of 2022, Allstate announced a commitment to achieve net zero Scope 1 and Scope 2 emissions by 2030. We'll also announce a target for Scope 3 emissions in 2025.

"For 25 years, Allstate has worked to strengthen resilience to increased severe weather caused by global warming through prevention, preparedness and risk reduction," said Tom Wilson, chair, president and CEO of The Allstate Corporation. "As the severity of hurricanes, tornadoes and wildfires has increased, the negative impacts on customers, shareholders and society have also grown. To supplement our short-term remediation initiatives, we are making net zero emissions commitments that are tangible and reasonable."

Here's how we're paving the way to a cleaner, greener future:

• Reducing the emissions and square footage of Allstate's offices.
• Investing in renewable energy.
• Partnering with suppliers to reduce their emissions.
• Educating on disaster preparedness.

Building biodiversity: Allstate's sustainable California farm

In 2018, Allstate purchased Pescadero Ranch, a 1,600-acre annual crop farm, and developed a highly productive almond orchard. In the process, we rehabilitated 300 acres of wetlands to create an ecosystem that regulates water, absorbs carbon dioxide and promotes biodiversity.

This farm is now home to over 90 species of migratory birds, 500 acres of cover crops that boost soil health and attract natural pollinators, and 122 nest boxes that are used by ducks and owls.

We also have investments in farm and timberlands in Australia and New Zealand. In addition to increasing biodiversity, we are in the process of measuring carbon emissions associated with operations, and the carbon sequestered in the soil, orchards and trees. Our investment in Little Leaf Farms — which produces leafy greens grown in state-of-the art greenhouses outside of Boston and Philadelphia — increases product shelf-life reducing food waste, decreases transportation emissions by growing leaf greens locally and uses significantly less water than traditional field grown products.

Lowering emissions with a hybrid and remote workforce

The empty offices that resulted from our transition to remote and hybrid work in 2020 presented an opportunity to take immediate action. We sold our headquarters in Northbrook, Illinois in 2021, which helped cut down on emissions from employee commutes and utilities.

Between 2015 and 2021, the company reduced verified emissions by 45%.

When closing the Northbrook office, we donated over 67,000 pounds of supplies to area charities, including office supplies, furniture and even kitchen equipment.

And what happens to the old computers used by hybrid and remote workers? In partnership with Women Business Enterprise (WBE) HOBI International, Inc., an IT and mobile asset management provider, Allstate employees ship their old electronics directly to HOBI via a box program for responsible disposal, including recycling and repurposing, which requires fewer trucks on the road.