The ACE Group today announced the selection of nine national and two international forest restoration projects as part of its sponsorship of American Forests’ Global ReLeaf program, marking the first time the company has supported projects outside the U.S. under the program. In May, ACE renewed its sponsorship of the Global ReLeaf program, pledging to plant more than 13,000 trees – one for each environmental insurance policy written by ACE globally in 2011. Since it began its relationship with American Forests in 2007, ACE has sponsored more than 36,000 tree plantings through the program.
“Given the devastation from the recent wildfires in the western United States, now more than ever ACE is committed to our continued support of the American Forests Global ReLeaf program,” said William P. Hazelton, Executive Vice President, Environmental Risk, ACE USA. “We are very proud of the positive environmental impact our commitment has allowed us to provide over the past five years. In appreciation of our clients, we look forward to additional sponsorship in 2012 and the overall future progress of the forest restoration program.”
American Forests, the nation’s oldest nonprofit citizens’ conservation organization, helps people understand the need to restore forest ecosystems in urban and rural areas through community-based initiatives. The organization introduced Global ReLeaf to restore damaged forest ecosystems through the planting of trees. Since 1990, the program has planted more than 40 million trees to restore forest ecosystems in every state across the U.S. and more than 38 countries around the world. The goal of this campaign is to plant 100 million trees by the year 2020.
The ACE Group contributions supported the following tree-planting programs affiliated with American Forests Global ReLeaf program in 2011:
To learn more about the company’s environmental insurance products and services, and its 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 and 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.