HARTFORD FINANCIAL SERVICES GROUP (THE), INC.

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The Hartford Partners With Earthwatch On Global Pollinator Program

04/21/2022 | 01:01pm EDT

Company collaborates with Asylum Hill Neighborhood Association to provide educational resources and raise awareness of pollinators’ role in urban ecosystem

The Hartford is partnering with Earthwatch, an international environmental organization, on a citizen-science project to document pollinators with the goal of understanding if key species are declining and how climate change may be affecting pollinator populations. One area of focus for the Global Pollinator Watch program is understanding the ecological health of the City of Hartford’s Asylum Hill neighborhood.

The Hartford is collaborating with the Asylum Hill Neighborhood Association (AHNA), which has planted pollinator gardens in the community. Asylum Hill residents will serve alongside The Hartford’s employees as they volunteer to document pollinators by uploading the images to the iNaturalist app as data points to be analyzed by Earthwatch researchers.

“The Hartford recognizes the importance of pollinators in preserving a healthy ecosystem, sustaining plant life and contributing to food production, and we are proud to do our part to increase awareness and share information resources,” said The Hartford’s Head of Sustainability, Karen Jarmoc. “The Hartford continues to be a leader in addressing the drivers of climate change, including those that affect the pollinator population and their host plants.”

Pollination is vital to the global biodiversity of plant life, ecosystem sustainability and food production. The majority of the world’s flowering plants depend on pollinators, such as bees, butterflies, moths, bats and birds. However, populations of pollinators are shrinking because of pesticides, loss of habitat, climate variability, diseases, parasites, pollution and other factors1.

“The Asylum Hill Neighborhood Association has a very active group of environmentalists who have planted several Pollinator Gardens in Asylum Hill,” said AHNA Executive Director David MacDonald. “AHNA is very grateful for the support of The Hartford with the Earthwatch program. It will help us engage more of The Hartford’s employees in projects to strengthen Asylum Hill's environmental sustainability and document the impact of our pollinator gardens.”

The pollinator program builds on a long-standing partnership between The Hartford and residents of Asylum Hill and the City of Hartford. In 2020, The Hartford commemorated its 100th year of being headquartered in Asylum Hill with a $10 million, 5-year commitment to address top priorities of residents and non-profits based on findings from The Hartford’s Asylum Hill Neighborhood Survey. Respondents said the three most critical needs were housing stability, job readiness and greater public safety. Last year, The Hartford announced a $1 million grant to a housing initiative led by Northside Institutions Neighborhood Alliance (NINA), to make homeownership more accessible in Hartford’s Asylum Hill Neighborhood.

“Earthwatch is so pleased to be partnering with The Hartford on our Global Pollinator Watch program,” said Earthwatch’s Director of Research, Dr. Stan Rullman. “The Hartford’s employees will play a critical role in collecting pollinator data to help us better understand the health of pollinator communities, while identifying areas where pollinators could benefit from supportive interventions.”

About Earthwatch

Earthwatch is an international nonprofit organization that connects people with scientists worldwide to conduct environmental research and empowers them with the knowledge they need to conserve the planet. Since its founding in 1971, Earthwatch has been taking action to address global change through a time-tested model of citizen science and community engagement. By pairing individuals from all sectors of society with researchers around the world, Earthwatch teams have helped to safeguard critical habitats, conserve biodiversity, and promote the sustainable use of natural resources. For more information, visit Earthwatch.org.

About Asylum Hill Neighborhood Association

Formed in 1997, the Asylum Hill Neighborhood Association is the Neighborhood Revitalization Zone for the historic Asylum Hill neighborhood of Hartford. AHNA is resident-led with strong collaboration from our stakeholders in the community. The mission of AHNA is to empower and connect residents and stakeholders to improve the quality of life in Asylum Hill. AHNA’s recently adopted ten-year Strategic Plan sets out a bold vision of what Asylum Hill can become in the future.

About The Hartford

The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com.

The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford’s legal notice.

HIG-C

Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2021 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.

From time to time, The Hartford may use its website and/or social media outlets, such as Twitter and Facebook, to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the “Email Alerts” section at https://ir.thehartford.com.

1 U.S. Department of Agriculture – Pollinators at a Crossroads, July 2021


© Business Wire 2022
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Financials (USD)
Sales 2022 22 342 M - -
Net income 2022 2 112 M - -
Net Debt 2022 - - -
P/E ratio 2022 10,0x
Yield 2022 2,36%
Capitalization 21 603 M 21 603 M -
Capi. / Sales 2022 0,97x
Capi. / Sales 2023 0,93x
Nbr of Employees 18 100
Free-Float 89,7%
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Christopher J. Swift Chairman & Chief Executive Officer
Douglas G. Elliot President
Beth Ann Costello Chief Financial Officer & Executive VP
Deepa Soni Chief Information Officer & Head-Technology & Data
Amy Stepnowski Chief Investment Officer & Executive VP
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