The Allstate Corporation, one of the nation’s largest publicly held personal lines insurers, announced it has committed to achieve net zero emissions for direct, indirect and value-chain greenhouse gas emissions by the year 2030. It will also set a target year for achieving a net zero investment portfolio by the end of 2025. These actions are essential to managing climate risk and fulfilling Allstate’s purpose of protecting customers and generating attractive returns for shareholders.

Allstate’s pledge means it will exceed the Paris Accord’s 2050 net zero target by 20 years. It also reflects Allstate’s decades-long history of integrating strong environmental principles and practices into its business strategy while building community resilience and helping customers prepare for and recover from climate-related catastrophes.