Lemonade Is First U.S. Insurance Company to Reject Fossil Fuels
While Europe-based global insurers like Swiss Re and Allianz have been moving in the right direction, their U.S. counterparts have been falling farther and farther behind. But one company in the United States has established itself as a leader on this issue: Lemonade. The online home and renters’ insurance company has committed to never investing in fossil fuels.
Major Consumer, Climate Groups Call on Insurance Industry to Ditch Fossil Fuels
New campaign Insure Our Future to hold US insurers accountable for role in climate change as first US insurance company to commit not to invest in fossil fuels
SAN FRANCISCO – On the eve of the Global Climate Action Summit (GCAS), a new campaign, Insure Our Future, is calling out the U.S. insurance industry as a major contributor to climate change and urging them to ditch fossil fuels. Insure Our Future is the first campaign focusing on the U.S. insurance industry’s significant role in perpetuating climate chaos.
The campaign launches as Lemonade, an insurance company powered by AI, becomes the first U.S. insurer to commit to never invest in fossil fuels, urging other insurers to follow suit.
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