User:Football is cool/Allstate

Lead
Allstate is a company that is invested in ensuring they are not hindering the climate and that it can survive as a company as a result of climate change. Overall the insurance industry is not responsible for a lot of emissions; however, insurance companies have had to adapt what they cover with insurance due to the rapidly increasing effects of climate change. For example, the increasing levels of wildfires in California have cost people so much that the government is considering lowering the cost of wildfire insurance. [1]

Article body
Upon review of the 10-K, it is apparent that Allstate is mostly invested in adapting to the effects of climate change. Allstate in its 10-K wants to ensure that the company is not affected by the effects of climate change. Allstate as a company does not emit a lot of greenhouse gasses. Allstate has committed to net-zero emissions by the year 2030. The main emissions are their few office buildings, and in the near future, these buildings will be replaced with a remote working environment and the introduction of a new climate-efficient office building. 

Allstate has taken a major hit from all of the new natural disasters caused by climate change. Climate change has caused Allstate to cover more frequent and far more devastating disasters. In Texas, last summer Allstate and other insurance companies were forced to cover 10.3 billion dollars in damage. Scientists overwhelmingly concluded that this winter storm directly resulted from climate change. Climate change is forcing many insurance companies like Allstate to cover these high-impact weather events. Overall Allstate has been planning for this as indicated in their 10-K.