Lloyd’s of London Chairman, Bruce Carnegie-Brown, has reportedly offered an ‘olive branch to eco-activists.’ Having listened to his comments, we’re not so sure – and we certainly won’t be placated until the insurance industry’s actions start speaking louder than their words. Read our response to the latest greenwashing from the insurance industry.
Talanx, Germany’s third largest insurer, is the latest (re)insurance company to confirm to the #StopEACOP Coalition that they will not underwrite the East African Crude Oil Pipeline (EACOP).
Insurance providers Argo Group and Axis Capital, both Lloyd’s of London members, and RSA Insurance Group Limited, a leading UK insurer, have announced they will not be involved in underwriting the East African Crude Oil Pipeline (EACOP) project.
Last Thursday, 18th May, Coal Action Network protested outside of Lloyd’s of London, for their role in insuring the expansion of the Trans Mountain Pipeline (TMX) and the East Africa Crude Oil Pipeline (EACOP).
Lloyd’s of London new Environmental, Social and Governance (ESG) Report, published two days ahead of its Annual General Meeting on May 19, exemplifies many of the worst aspects of corporate greenwashing.
Lloyd’s of London member Arch Insurance has committed to no longer insure the Trans Mountain tar sands pipeline after its current insurance policy expires this summer.
Lloyd’s of London member Aspen Insurance has pledged to cut ties with the Trans Mountain (TMX) tar sands pipeline after its current insurance policy expires in summer 2022.
Adani’s mines are supported by the UK’s finance industry – providing insurance and funding for it’s devastating coal mines in Australia, India and beyond. Can you to join us on Twitter and Facebook, to take on the institutions enabling climate breakdown?
“It is a serious problem that John Neal has not been well enough briefed, or is just personally sceptical, about climate science and the findings of the International Energy Agency.”
Join us on 29th October in either London or Newcastle for a memorial to bring to life the memories of every person harmed by the injustices of the climate crisis, as well as celebrate their fierce resistance to it.
