November 28, 2007

Co-operators insurance company announces a “green” vehicle fleet to reduce global-warming emissions

Guelph, Ontario – The Co-operators Group Ltd., a Canadian-owned multi-product insurance company, has announced that it plans to reduce greenhouse gas emissions across its national fleet of more than 400 vehicles.

Through the PHH GreenFleet program, the Co-operators expects to improve fuel economy by over 20 per cent without increasing fleet costs once it has rolled out the program to its entire fleet.

“We are committed to protecting the health and welfare of our communities and our planet; this includes recognizing and reducing the impact of our vehicle emissions on the climate,” said Kathy Bardswick, The Co-operators president and CEO. “As an organization that insures more than a million vehicles in Canada, we felt it was important that we assess our own fleet and do what we can to minimize the impact our vehicles have on the environment. Implementing PHH GreenFleet will help us do just that.”

None of the organizations belonging to The Co-operators group of companies will order any new trucks, vans or eight-cylinder vehicles, and every driver in its fleet program will have the option of selecting a hybrid vehicle.

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