Highlights $63 million in support for local communities and nonprofit partners
BOSTON (April 19, 2023) – Today, Liberty Mutual Insurance released its annual Giving Report, offering a glimpse into the company’s work to provide food and shelter to families in need, support underserved youth and help neighborhoods adapt to changing climate.
Liberty Mutual’s ongoing commitment to advancing security and building resiliency for people and communities did not waiver. In 2022, Liberty Mutual Foundation contributed $50 million to more than 600 nonprofits across the globe. Employees also continued to contribute to the causes they are care about, giving more than $7.5 million to over 7,000 nonprofits globally, with eligible organizations receiving a 100 percent match through the Give with Liberty program. Overall, total corporate and employee giving reached more than $63 million.
Additional 2022 highlights include:
- Expanding giving to include climate resiliency through 80 mini environmental grants and $1.3 million in gifts to support nature-based initiatives, green jobs skills training, and community infrastructure.
- Awarding 110 gifts of $10,000 each to local charities around the world to celebrate the company’s 110th anniversary. Grant recipients represented a wide range of causes, from fighting hunger to reducing inequality to building more sustainable communities.
- Combating the impact of inflation through over $3 million in grants to help nonprofits keep up with the rising costs of goods and services – in addition to over 6,000 mini-grants for employees to give to a nonprofit of their choice.
- Reinvigorating Serve with Liberty, the company’s annual days of service, after a two-year hiatus due to the pandemic. In May 2022, 11,000 employees around the world gave more than 45,000 hours of their time to more than 700 nonprofit organizations, planting trees, stocking food pantries, readying kids’ summer camps, cleaning up beaches, and more.
For more information on Liberty Mutual’s 2022 community investments, view the full report.
About Liberty Mutual Insurance
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
In business since 1912, and headquartered in Boston, today we are the sixth largest global property and casualty insurer based on 2021 gross written premium. We also rank 78 on the Fortune 100 list of largest corporations in the US based on 2021 revenue. As of December 31, 2022, we had $50 billion in annual consolidated revenue.
We employ over 50,000 people in 29 countries and economies around the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, specialty lines, reinsurance, commercial multiple-peril, workers compensation, commercial automobile, general liability, surety, and commercial property.
For more information, visit www.libertymutualinsurance.com.
Media Contact: Molly Stern