Swiss Re said it is putting money behind its campaign against global warming with subsidies to employees around the world who purchase hybrid vehicles or spend for other energy saving items.

A spokesperson for the Zurich-based reinsurer said U.S. staff could receive up to $4,077 in payments for spending that can lead to a reduction in carbon monoxide emissions.

The company said its actions are part of a commitment it has made to support the Clinton Foundation's global initiative to cut emissions and support clean energy. The non-partisan foundation was established by former President Bill Clinton

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