Travelers said it plans to reduce its U.S. greenhouse gas emissions by 7 percent in five years after entering into a program with the U.S. Environmental Protection Agency.

The St. Paul, Minn.-based insurer said it has pledged to reduce its emissions during the years 2006 to 2011. The company said the initiative is the result of the company's participation in Climate Leaders, the EPA's industry-government partnership that works with companies to develop comprehensive climate change strategies.

Travelers said that under the program participants commit to reducing their impact on the global environment by completing a corporatewide inventory of their greenhouse gas emissions, setting reduction goals and annually reporting their progress.

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