PHLY is on a mission to save forests devastated by natural disasters.
Bala Cynwyd, PA (PRWEB) December 10, 2015
Philadelphia Insurance Companies (PHLY) will support the planting of 80,000 trees after reaching the goal of a yearlong collaboration that engaged agents, customers, and employees. The goal of the PHLY 80K Trees initiative, which launched in partnership with the Arbor Day Foundation on Earth Day 2015, was to help wildfire and natural disaster recovery efforts and restore habitats across the country. There are over one million acres in desperate need of replanting due to natural disasters according to the U.S. Forest Service. PHLY’s efforts to plant 80,000 trees will help provide greater security to communities, including PHLY’s policyholders.
“PHLY is on a mission to save forests devastated by natural disasters,” shared Bob O’Leary, president and CEO of Philadelphia Insurance Companies. “Trees provide habitat for wildlife and clean water for communities, while helping to protect businesses from flooding by increasing soil stability and reducing storm water runoff in urban areas.”
Being a property/casualty carrier and providing flood insurance, PHLY recognizes the potential effect these risks might have on the marketplace. To protect communities from future devastation, PHLY has taken action through PHLY 80K Trees to address the imperative need to build healthy forests and ecosystems.
The PHLY 80K Trees goal was reached with the help of PHLY’s independent agents, brokers, and policyholders. PHLY invited producers and policyholders to enroll into receiving paperless statements. The company will use the cost savings to fund the planting of 40,000 trees in Bastrop State Park and surrounding communities. An additional 20,000 trees will be planted in both Superior National Forest in Minnesota and Modoc National Forest in California. PHLY employees also raised money to support the initiative and will help plant a portion of the 40,000 trees in Bastrop State Park near Austin, TX in January 2016.
As part of its partnership with the Arbor Day Foundation in 2015, PHLY also purchased carbon-offsets, which reduced its carbon footprint by 2,200 metric tons. This is equivalent to removing 463 passenger vehicles from the road for a year.
For more information about the initiative please visit http://www.PHLY.com/Trees.