Small climate steps by U.S. insurers lag behind leaps by global competitors on oil and gas, with new coal increasingly uninsurable
13 global insurers have restricted support for oil and gas expansion, increasing pressure on U.S. insurers to follow suit 18 October 2022 – This year steps by U.S. insurers look out of touch with the escalating pace of climate impacts. Global insurance company restrictions on oil and gas are finally starting to catch up with …
A Race to the Middle: North American Insurers Lag Behind European Progress on Oil and Gas
As the global insurance industry’s move away from oil and gas picks up momentum this year, the largest North American fossil fuel insurers – even those who have made significant strides, by North American industry standards—lag behind. Some Bermudan insurers are stepping up to fill the leadership void across North America. This brief delves into …
NEW REPORT: U.S. Insurance Companies Undermine Climate Targets by Supporting Oil & Gas Expansion and Providing a Last Lifeline to Coal
The U.S. insurance industry is undermining efforts to meet climate targets by continuing to support new oil and gas production, the Insure Our Future campaign reveals today in its fifth annual scorecard on insurers’ climate policies.
U.S. Insurers Provide Lifeline to Coal as Global Insurance Market Shrinks
Report shows European insurers leading on restricting coal industry’s access to underwriting while U.S. insurers undermine action to tackle climate change
U.S. insurance companies are lagging behind their international peers on climate action, reveals Insuring Coal No More, the second annual scorecard on the industry from the Unfriend Coal campaign. U.S. insurers are enabling the construction of new coal-fired power plants, which is undermining international efforts to avoid dangerous climate change, the report warns.
You have seen 7 of 7