Company provided more than $23 million to community initiatives
Company Website:
http://www.travelers.com/
HARTFORD, Conn. -- (Business Wire)
The Travelers Companies, Inc. (NYSE: TRV)
today published its annual Community
Giving Report, detailing the company’s 2016 charitable contributions
and community support. Travelers and the Travelers Foundation invested
more than $23 million throughout the year to improve academic and career
success for underrepresented students, create and maintain stable
neighborhoods and enrich lives through arts and culture.
“Our dedication to being a strong corporate citizen and improving the
communities where we live and work touches every part of our
organization,” said Marlene Ibsen, Vice President of Community Relations
at Travelers and CEO and President of the Travelers Foundation. “We’re
working to help our communities succeed, from company-sponsored programs
like Travelers EDGE® to our passionate employees who logged nearly
118,000 hours of volunteer time in 2016.”
Highlights from this year’s report include:
-
The company’s signature education program, Travelers
EDGE (Empowering Dreams for Graduation and Employment), which
provided 152 students with direct financial support in 2016 to assist
them in working toward bachelor’s degrees.
-
Travelers’ Small
Business Risk Education program, which helps women and minority
small business owners learn about risk management and qualify for
microloans. In 2016, the program reached nearly 300 participants, and
since starting in 2012, its partners have provided participants with
nearly $1 million in small business loans and microloans.
-
The company’s work with Habitat for Humanity®. In 2016,
Travelers employees committed about 8,400 hours to help build 55 homes.
“Travelers has become an irreplaceable partner, helping students in our
Academies of Finance and Information Technology grow in the areas of
work-based learning and college readiness,” said Danielle Rembert,
Principal at National Academy Foundation School of Baltimore. “When
asked about what drew them to Travelers EDGE, students will say, ‘It’s
not about the scholarship, although it is a big help – it’s about the
fact that Travelers seems to really care about what happens in our
school and wants me to be successful.’”
Travelers has contributed more than $200 million in charitable
contributions over the last decade.
To view the full report and learn more about how Travelers is involved
in the community, visit www.travelers.com/community.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV)
is a leading provider of property casualty insurance for auto,
home
and business.
A component of the Dow Jones Industrial Average, Travelers has
approximately 30,000 employees and generated revenues of approximately
$28 billion in 2016. For more information, visit www.travelers.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170612005623/en/
Contacts:
Media:
The Travelers Companies, Inc.
Courtney Garro,
860-277-8719
cgarro@travelers.com
Source: The Travelers Companies, Inc.
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