Friday, January 5, 2007

At Swiss Re, It Pays to be Green

The Reinsurance firm Swiss Re has announced that it will offset employee expenses toward reducing their carbon footprint between now and 2011, according to They will reimburse half of these expenses up to $5K Swiss francs (USD 3300, according to an inter-company email message sent 1/4/07.) Qualifying expenses could include use of public transportation, purchase of a hybrid vehicle and installation of solar panels and heat pumps.

In 2003, Swiss Re announced a goal to make its operations carbon neutral by 2013, according to Insurance News Net. Now it is extending its commitment to reducing carbon emissions by supporting changes among its employees. (N.B.: My husband is an employee of Swiss Re.)

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