VENICE, Italy--(BUSINESS WIRE)--
ACE Group today announced that the ACE Foundation International will
donate €48,000 to the environmental charity LIPU for its work to protect
and restore the natural habitat and biodiversity of the Venice lagoon.
The donation was awarded during the 2015 FERMA (Federation of European
Risk Management Associations) Forum which is taking place in Venice, and
reflects ACE’s commitment to helping others manage environmental risk as
well as contributing to environmental causes in the markets in which it
operates.
With the grant from ACE, LIPU will be able to work in the Ca’ Roman
Nature Reserve, in the Venice lagoon to help protect the biodiversity
and rare fauna and flora of the area from the effects of human
activities. Among other things, LIPU will minimise the foot traffic in
areas where indigenous flora species grow, protect the nesting sites of
birds such as the rare Nightjar, and better monitor the park to reduce
illegal activities such as vegetation harvesting, trespassing and
hunting.
Orazio Rossi, Country President for ACE in Italy, said:
“We are proud to partner with LIPU on this important project to protect
and restore the biodiversity of one of the most important, but also
sensitive, nature reserves in Italy. Environmental issues are a key
priority for us at ACE. We provide solutions that help clients manage
their environmental exposures across Italy and Europe region and we
recognise our own responsibility to reduce our environmental impact, as
well as to make meaningful contributions to local environmental causes.”
Danilo Selvaggi, LIPU Director, said:
“Tourism, industry and other human activities are putting huge pressures
on the Ca’ Roman Nature Reserve in the Venice lagoon, an area of
exceptional beauty and importance as the nesting ground for birds, such
as the Oystercatcher, and local flora, unique to the Venice area. Our
work in the reserve, which begun in 1992 in collaboration with the
Venice Municipality and the Veneto Region, ensures that we minimise the
pressure on the natural environment and we reverse the effects of human
activities as much as possible. In a time of pressure on public
finances, companies can help fill the gap when it comes to protecting
the environment. ACE’s donation is an example of the critical role
business can play achieving this goal.”
In addition to philanthropy, ACE is also committed to controlling its
own environmental impact and helping clients manage their environmental
risks. Since 2006, ACE has reduced greenhouse gas emissions by nearly
22% per employee. In 2014, ACE earned a CDP disclosure score of 93 and a
performance score of B. ACE was also one of just nine insurance
companies – out of more than 330 ranked – to be cited as a leader for
its climate risk disclosures by Ceres. ACE has been a pioneer in
developing advanced environmental insurance solutions, including
coverages for premises-based exposures, contractors’ and project
pollution liability, renewable energy and a property policy that enables
greener rebuilding after a loss.
Click
here to find out more about LIPU and its work on the Venice lagoon.
For more information on ACE’s overall environmental initiatives, please
visit ACE
and the Environment.
ENDS
About ACE:
ACE Group is one of the world’s largest multiline property and casualty
insurers. With operations in 54 countries, ACE provides commercial and
personal property and casualty insurance, personal accident and
supplemental health insurance, reinsurance and life insurance to a
diverse group of clients. ACE Limited, the parent company of the ACE
Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a
component of the S&P 500 index.
Visit www.acegroup.com/eu
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Source: ACE