Thursday, May 19, 2022

These “risk experts” are risking the planet

 



Right now, as you read this, shareholders at Chubb are meeting to decide our future. On the table is a vital resolution calling on Chubb to stop insuring fossil fuel expansion now.

Chubb remains one of the top oil and gas insurers globally and invests BILLIONS in coal, oil, and gas companies. Pipelines and other destructive projects need insurance to operate; that’s why it’s crucial that insurance companies like Chubb commit to stop insuring fossil fuel expansion immediately. There’s no time left to waste.

It's simple. If your company is fueling the climate crisis, we’re going to make sure everyone knows. Yesterday, RAN showed up outside Chubb CEO Evan Greenberg’s home and office in NYC with a message: insure our future, not fossil fuels. Today, they need to hear from you.

Chubb claims to be a “steward of the Earth,” but in reality, they’re profiting from insuring fossil fuel expansion, and AT THE SAME TIME, they’re refusing to insure customers facing climate chaos because of it! We see right through their hypocrisy. 

Join us in sending CEO Greenberg and other top Chubb executives a clear message: divest from fossil fuel expansion now and respect human rights.

Thanks to your efforts, Chubb has taken steps like no longer insuring new coal-fired power plants, but it’s not enough. The planet can’t wait. We can’t wait. 

Tell Chubb execs how you feel and demand they immediately stop underwriting new fossil fuel projects, phase out all fossil fuel underwriting and investing in line with a 1.5ºC pathway, and respect human rights.

 

In solidarity, 

Elana Sulakshana
Senior Campaigner
Energy Finance
Rainforest Action Network

 

 

 

At RAN, we take the “Network” in our name seriously. It is only through your support that we are able to fund major campaigns for the forests, their inhabitants and the natural systems that sustain life. Please consider joining RAN as a Member by making a gift today.

  

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