Infinity Partners with PHH Arval and Environmental Defense to Go “Climate Neutral”
BIRMINGHAM, AL – Infinity Property and Casualty Corp. has jointed the PHH GreenFleet program, developed jointly by PHH Arval and Environmental Defense in an effort to reduce operating costs, improve efficiency, and cut greenhouse gas emissions from vehicle fleets.
This year, Infinity replaced the approximately 400 sport/utility vehicles in its fleet with Jeep Compasses. By making this change, Infinity expects to reduce annual fleet operating costs by approximately 10 percent, improve fuel economy by 25 percent, and reduce greenhouse gas emissions by more than 16 percent. More than half of the vehicles will be located in California, Infinity’s largest market and home to Gov. Schwarzenegger’s statewide initiative to reduce greenhouse gas emissions.
Over the past few months, Infinity enrolled in the PHH GreenFleet program, developed a greenhouse gas baseline, and replaced its entire fleet with more fuel efficient vehicles. In addition, Infinity purchased greenhouse gas offsets for the remaining emissions and made its entire fleet “climate neutral” before the new vehicles hit the road in 2007. The offsets were purchased from a project in Chino, CA that reduces methane emissions from local dairy farms.
The PHH GreenFleet program is designed to help companies cost-effectively measure, reduce, and offset their greenhouse gas emissions. Participation includes: in-depth analysis and recommendations to improve efficiency and reduce greenhouse gas emissions; quarterly measurement and reporting of emissions; and resources to offset remaining emissions.
“The trend towards ‘green fleets’ is a joint victory for the environment and for corporate America,” said Environmental Defense Project Manager Tom Murray. “Corporate fleets operate more than nine million cars and light trucks in the United States – consuming a great deal of fossil fuels and generating significant global warming pollution. Smart companies eager to curb global warming while improving the bottom line now have a model they can implement to help them achieve these goals.”