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LINCOLN, Neb., March 21, 2024 /3BL/ - Philadelphia Insurance Companies (PHLY) confirms it will continue to support critical reforestation through a partnership with the Arbor Day Foundation. This renewed commitment aims to support the planting of 80,000 trees annually across the United States, focusing on sustainable forestry and land restoration efforts.
Kicking off this year’s campaign, forty PHLY employees and local foresters from Friends of the Rappahannock (FOR) participated in a two-day planting project along the Ta River in Virginia. The impact of reforesting this privately owned land extends far beyond its boundaries, contributing to the health of river watersheds and the preservation of the Chesapeake Bay. The PHLY team collaborated with Foundation leaders, FOR, and other local forestry partners to plant 1,200 trees.
“Through this partnership, Philadelphia Insurance Companies is not only helping restore forests—it's also fostering a network of environmental stewards,” said Dan Lambe, chief executive of the Arbor Day Foundation. “We’re grateful PHLY and its employees have demonstrated such a strong commitment to revitalizing ecosystems and strengthening communities through trees.”
PHLY has committed to helping the Arbor Day Foundation plant over 650,000 trees since 2015. Spanning more than 20 states, the initiative’s impact has also supported projects throughout the American West and Southeast, two of the Foundation’s global priority regions for strategic reforestation efforts.”
“This is a meaningful project for our company and our employees, who always enjoy the opportunity to come together for a cause,” said John Glomb, President and CEO of Philadelphia Insurance Companies. “These planting projects with the Arbor Day Foundation have left a lasting impression on our employees, and we take pride in knowing their efforts will have a lasting impact on communities for years to come.”
The PHLY80K Trees initiative not only aids in forest recovery but also enhances community resilience against natural disasters. Healthy tree canopies play a vital role in flood prevention, air and water quality improvement and soil stabilization.
About the Arbor Day Foundation
Founded in 1972, the Arbor Day Foundation is the largest nonprofit membership organization dedicated to planting trees. Together with our partners, we have helped plant more than 500 million trees in neighborhoods, communities, cities and forests throughout the world. Our vision is to lead toward a world where trees are used to solve issues critical to survival. Through our members, partners and programs, the Arbor Day Foundation inspires people across the globe to plant, nurture and celebrate trees. More information is available at arborday.org.
About Philadelphia Insurance Companies
Philadelphia Insurance Companies designs, markets, and underwrites commercial property/casualty and professional liability insurance products incorporating value added coverages and services for select industries. The Company is rated "A++" (Superior) by AM Best Company and "A+" for counterparty credit and financial strength by Standard & Poor's. In business for over 60 years, PHLY is nationally recognized as a member of Ward's Top 50, one of the Best Places to Work in Insurance, and one of the Healthiest 100 Workplaces in America. Based outside of Philadelphia, the organization has offices strategically located in all major metro areas across the United States to provide superior service. For more information, please visit www.PHLY.com.
About Friends of the Rappahannock
Friends of the Rappahannock (FOR) is a non-profit, grassroots conservation organization established in 1985. Located in Fredericksburg, Virginia, FOR is dedicated to educate everyone about the river and to advocate for actions and policies that will protect and restore the Rappahannock River.
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