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New controversial issue: Insurer of fossil fuel projects

We added yet another fundamental controversial issue to the Xklude database:  Insurers’ continued retreat from coal is making it harder and more expensive to secure insurance for coal projects. Although momentum is growing, it falls short of what is needed to drive action to meet international climate targets. Major companies in the U.S., the Lloyd’s market and East Asia are still insuring coal, and the global insurance industry has so far failed to take comprehensive action on oil and gas.

We added 19 insurance companies with poor og no policy on fossil fuel projects.

Next The Net Zero Tracker added to ESG perspectives in Xklude database
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