| Website | https://global.insure-our-future.com |
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This precedent-setting policy from HSBC sends a strong message to Lloyds Of London, who, like HSBC, has committed to net-zero goals.
Chairman of Lloyd’s of London, Bruce Carnegie Brown must turn words into action and stop insuring new oil & gas projects. #InsureOurFuture.
Big news! Green Century filed shareholder proposals calling for Chubb, The Hartford, & Travelers to phase out coverage for fossil fuel expansion, following notable support last year and lack of climate action since.
Read our response: https://us.insure-our-future.com/green-century-files-shareholder-resolutions-with-3-u-s-insurers/
Today, Green Century Capital Management announced that it filed shareholder resolutions with Chubb, The Hartford, and Travelers, calling on the companies to phase out underwriting of new fossil fuel projects. Members of the Insure Our Future coalition responded: *** Insure Our Future U.S. is a campaign of environmental, consumer protection, and grassroots organizations holding the …
Update: #KoreanRe, Asia's 2nd largest reinsurer, finally adopted a coal exit policy. Too bad the policy is riddled with loopholes.
Korean Re should look to its international peers, like Swiss Re, for recs on stronger restrictions.
https://www.reinsurancene.ws/korean-re-rules-out-cover-for-coal-mining-or-power-plant-construction/ #InsureOurFuture #Insurance
