Environmental
Transitioning our business while protecting and supporting our customers and partners
When it comes to climate change, we recognise that there is more work to be done to address its impacts and that we must play a role in encouraging a responsible transition to a low-carbon economy.
In Europe we aim to contribute to climate resiliency and supporting a global energy transition, while putting people first — our customers and policyholders, employees, investors and communities.
Our approach
2021 was the starting point in our journey in sustainability, building our environmental approach. Over 2021, Liberty Seguros developed ESG workshops with the Executive Team and working closely with the Sustainability Office to start building a Sustainability Plan for our operations, in alignement with the UN Sustainability Development Goals. Here are the initial initiatives we have completed.
- During 2021 we digitalized 80% of our communications in Europe, moving to a paper-less model which has generated significant savings of paper.
- The Liberty Digital Way initiative, launched in 2020 contributed significantly to reducing facilities footprint, as 2000 employees shifted to working-from-home.
- This new working model built along with employees as a flexible, efficient, and sustainable system has also been key in reducing our carbon footprint by elimination long distance travel, daily commuting and reducing the energy consumption necessary for the maintenance of buildings. This will trigger a significant reduction in energy consumption in 2022 versus 2019 baseline.
- As part of our commitment to reducing facilities footprint, we established a working group in Europe, that is responsible for collecting and documenting energy consumption. The output of the work from this group will be a list of local strategies to reduce energy consumption.