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Nation's Largest Insurer Recognized for "Green" Focus

Nation's Largest Insurer Recognized for "Green" Focus

Published 11-29-07

Submitted by State Farm Insurance Companies

BLOOMINGTON, IL - November 29, 2007 - At a time when corporate "green initiatives" have begun to proliferate across the country, State Farm Insurance Companies is being recognized by Automotive Fleet Magazine for having the 3rd largest non-governmental alternative-fuel commercial fleet in the United States.

"State Farm has a long history of taking our environmental responsibility seriously," said Mike Jones, Vice President of Administrative Services. "For example, we've reduced our greenhouse gas emissions by 38.7 percent since 2002. Our buildings have an average Energy Star efficiency rating of 76, which means they are more efficient than 76 percent of comparable buildings. Our recycling program is 25 years old and last year alone we recycled or reused more than 900 tons of materials. State Farm has also implemented an electronic billing and claims payment system which saves literally tons of paper each year."

Known nationally as a leading publication on commercial fleet operations, Automotive Fleet Magazine recently surveyed and ranked the top 100 groups in America that have invested in fleet vehicles to help reduce greenhouse gases and air pollution.

State Farm has been replacing other models with bio-diesel, hybrid-electric, and flex-fuel vehicles since 2004.The fleet includes 3,166 eco-friendly vehicles and is adding more each year. Through conservation strategies including the use of these eco-friendly cars, State Farm fleet operations eliminated 287 tons of greenhouse gas emissions in 2006.

"State Farm is honored to be recognized as the largest auto insurer in Automotive Fleet Magazine's Top 100 Alternative-Fuel Fleets in the United States list," said State Farm Fleet Administrator Dick Malcom. "Greening our fleet is something we have taken very seriously. We hope our environment-friendly actions will encourage other corporations to follow in our footsteps."

For additional information about State Farm’s environmental activities, please visit www.statefarm.com/about/green/green.asp

State Farm&reg insures more cars and homes than any other insurer in the U.S., is the leading insurer of watercraft and is also a leading insurer in Canada. State Farm's 17,000 agents and 68,000 employees serve over 76 million auto, fire, life and health policies in the United States and Canada, and more than 1.7 million bank accounts. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 31 on the Fortune 500 list of largest companies. For more information, please visit statefarm.com&reg or in Canada statefarm.ca&reg.

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State Farm Insurance Companies

State Farm Insurance Companies

State Farm® insures more cars and homes than any other insurer in the U.S., is the leading insurer of watercraft and is also a leading insurer in Canada. State Farm's 17,000 agents and 68,000 employees serve over 76 million auto, fire, life and health policies in the United States and Canada, and more than 1.7 million bank accounts. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 31 on the Fortune 500 list of largest companies. For more information, please visit statefarm.com® or in Canada statefarm.ca®.

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