Community Victory! Insurance giant Chubb drops coverage for Rio Grande LNG!
After fierce pressure from frontline organizers, climate activists, and allies – Chubb insurance has become the first major insurer to stop covering Rio Grande LNG, a dangerous methane gas export…
Chubb Drops Rio Grande LNG Insurance
Banks, and now insurers, drop project plagued with risk from community, cultural and climate issues. RIO GRANDE, TX, August 6, 2024 — An insurance certificate obtained through a public information…
Arrests Made at Protest – Gulf Coast Residents Denounce Insurance Giant Chubb’s Underwriting of Methane/LNG
Over 200 residents traveled to decry the insurance industry’s profit off of the destruction of their communities ***Photos and video of the action can be found here*** June 26, 2024…
Banking On Climate Chaos 2024 Coalition statement response to Barclays
Following the 15th annual publication of Banking on Climate Chaos (BOCC), Barclays issued a response to the report. As authors of the BOCC report, we wanted to note important clarifications…
Analysis: Chubb’s New Conservation and Methane Standards Remain Inadequate but Should Exclude Support for EACOP Pipeline
New criteria falls short of aligning with 1.5°C San Francisco – In a SEC filing of “Additional Proxy Soliciting Materials” Chubb quietly updated its oil, gas, and conservation policies. RAN’s…
Chubb’s Conservation and Methane Standards for Midstream Oil & Gas Remain Inadequate
On April 24th, 2024 Chubb quietly published new conservation-based criteria for its underwriting of midstream oil and gas operations.
Fossil Fuel Financing reaches $6.9 Trillion since the Paris Agreement
Fossil fuels are a dead end for people and the planet. Big banks are financing them anyway. 2023 was the hottest year ever recorded, with an average global surface temperature…
Banks financed fossil fuels by $6.9 trillion dollars since the Paris Agreement; $705 billion provided in 2023 alone; JP Morgan Chase, Mizuho, and Bank of America are worst 3 funders
Annual Banking on Climate Chaos report with an updated methodology offers the most accurate and comprehensive look at who’s bankrolling climate crisis (As seen in The Guardian, Financial Times, and…
Bank of America Faces Mounting Pressure Over Lack of Transparency on Continuing Support for Fossil Fuels: Calls for Accountability Grow from Bank’s Investors and from Frontline Communities
Protesters gather outside Bank of America Headquarters while climate resolutions seeking more disclosure on BOA lobbying and rates of fossil to clean financing receive strong shareholder support. April 24, 2024…
