Green Power Partnership
|Philadelphia Insurance Companies|
|Location||Bala Cynwyd, PA|
|Annual Green Power Usage (kWh)||4,775,837|
|Percentage Green Power||100%|
|Purchasing Third-Party Certified Green Power Product?||Yes|
|Partner's Reporting Period||1/1/2013 - 12/31/2013|
|Latest Annual Report Received On||1/28/2014|
|Awards/Recognition||Green Power Leadership Award 2014|
|Environmental Web Page|
Philadelphia Insurance Companies (PHLY) headquartered in Bala Cynwyd, PA, is a national commercial property/casualty and professional liability insurance carrier.
PHLY has long acknowledged that the protection of the global environment is an important responsibility for all corporate entities, and supports individual- and community-based changes to improve the local environment, and corporate initiatives to reduce the environmental impact of its business activities.
PHLY achieved net zero emissions from the electricity use in its 48 offices nationwide by purchasing certified Renewable Energy Credits equivalent to 100 percent of the company’s kWh use in 2013. This purchase not only supports the development of clean energy through Wind RECs but also displaces 2,324 mT of CO2e, which is equivalent to taking 484 cars off the road for a year (EPA).