Chubb Leads the Way in Bermuda for Green-Building Certification

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Jan 22, 2019, 08:30 ET

HAMILTON, Bermuda, Jan. 22, 2019 /PRNewswire/ -- The Chubb Building on Woodbourne Avenue is the first in Bermuda to be twice recertified as LEED® Gold by the U.S. Green Building Council. LEED, or Leadership in Energy and Environmental Design, is a green building certification program that recognizes best-in-class building strategies and practices.

The Chubb Building on Woodbourne Avenue in Bermuda

The Chubb building first received LEED® Gold certification under the Existing Buildings: Operations and Maintenance rating system in 2011. In 2017, the building was recertified when Chubb became one of the first companies in North America to use the LEED Dynamic Plaque™ to manage the building's environmental performance. With its latest recertification, the Chubb Building received a LEED Gold score of 72, up from 70 two years ago.

The LEED Dynamic Plaque, which is on display in the building's main lobby, calculates and displays the building's performance data on a 100-point scale across five categories: energy, water, waste, transportation and human experience. Other green initiatives that contributed to the recertification include: installing energy-efficient LED lights, creating an electric car charging station, conducting an annual trash audit, implementing programs to further reduce waste and encourage recycling, and initiating a weekly farmers market. Since 2011, Chubb has reduced energy consumption in the building by 1,024,000 kilowatt hours, a 28% decrease. Additionally, Chubb's annual water purchases for the building have been reduced to 80,000 gallons from an average of 145,000 gallons.

Colin Brown, Vice President of Facilities and LEED project manager for Chubb in Bermuda, said, "We were proud in 2011 when our building became the first on the island to earn LEED® Gold certification, and we're proud that our continued initiatives to further reduce energy use, enhance efficiency and make the building a more comfortable place to work have earned two recertification. Our progress in Bermuda reflects Chubb's commitment to reduce the environmental footprint of our operations around the world."

An important objective of Chubb's environmental program is to measure, record and reduce greenhouse gas (GHG) emissions in the company's own operations. From 2015 to 2017, Chubb reduced absolute global GHG emissions by 11%. The company will continue to deploy successful approaches for GHG emissions reduction, including installing energy-efficient lighting and equipment and increasing utilization efficiency for office space.

In addition to earning and maintaining LEED Gold certification, the Chubb Building received the Bermuda National Trust's Environmental Award in 2015, as well as for Honorable Mention in the 2015 Greenrock Green Workplace Awards.

More information about our environmental programs and initiatives can be found in the company's environmental report.

About Chubb

Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: chubb.com.

SOURCE Chubb