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Security National Life Announces “Green” Updates to Their Corporate Campus

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Security National Life Insurance Company, a subsidiary of Security National Financial Corporation (NASDAQ-SNFCA), is enhancing its Corporate Social Responsibility by focusing on water conservation in response to regional drought conditions. The company implemented a low water landscape plan, removing 12,000 square feet of grass, projecting to save hundreds of thousands of gallons of water annually. CEO Scott Quist emphasized the importance of environmental stewardship, despite substantial costs to the company. This initiative aligns with the company's commitment to sustainable practices and community support.

Positive
  • Implementation of a low water landscape plan to save hundreds of thousands of gallons of water annually.
  • Commitment to Corporate Social Responsibility goals and environmentally sound construction practices.
  • Positive impact on local ecological condition amid regional drought.
Negative
  • Substantial costs incurred by the company in implementing environmental initiatives.

SALT LAKE CITY, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Security National Life Insurance Company, a wholly owned subsidiary of Security National Financial Corporation (NASDAQ-SNFCA) is pleased to announce an initiative to expand their Corporate Social Responsibility goals and assist in the local water conservation. As the Company has built their corporate campus in Salt Lake City they have made great efforts to construct an environmentally sound development that utilizes the most efficient building practices.

In the planning phase of the development the company chose to add intelligent building systems and build offerings to encourage employees to take advantage of more green modes of transportation.

Most recently, the Company chose to utilize a low water landscape plan to lessen the ecological footprint of the development. In doing so, they revamped the landscape plan and removed approximately 12,000 square feet of grass in the common space. By doing so, the company projects to save hundreds of thousands of gallons of water yearly. This change comes at a time where the region is facing drought conditions and many communities have turned to landscaping to lessen those negative impacts on the area.

Scott Quist, Chief Executive Officer and Chairman of the Board of Directors for Security National Financial Corporation stated, “Being good stewards of our environment is important to Security National and its employees. The costs borne by the company is substantial, but we believe it’s a vital part of making smart decisions for our community. This drought that we all face puts us in dire situations and Security National will do its part to help our region as we all endeavor to execute on a strong environmental plan.”  

This press release contains statements that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Security National Financial Corporation and its business. The predictions in these statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements.

For Further Information Contact: Brandon Federico or Garrett S. Sill
Security National Financial Corporation
P.O. Box 57250
Salt Lake City, Utah 84157
(Telephone) (801) 264-1060
(Fax) (801) 265-9882
Website: www.securitynational.com


FAQ

What is the recent initiative announced by Security National Financial Corporation (SNFCA)?

Security National Financial Corporation announced a water conservation initiative as part of its Corporate Social Responsibility efforts.

How much grass did Security National remove to enhance its water conservation efforts?

The company removed approximately 12,000 square feet of grass in its landscaping to conserve water.

What are the projected water savings from the new landscape plan at Security National?

The company projects to save hundreds of thousands of gallons of water yearly through its low water landscape plan.

Who is the CEO of Security National Financial Corporation (SNFCA)?

Scott Quist is the CEO and Chairman of the Board of Security National Financial Corporation.

Security National Financial Co

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