One of the world's largest reinsurers, Swiss Re, is bankrolling deforestation

 
 

Swiss Re, one of the world's largest reinsurers, is bankrolling illegal deforestation in Brazil.

The company has been covering agribusiness involved in crimes and the destruction of the Amazon, profiting from the climate crisis.

Let's demand Swiss Re to stop insuring illegal deforestation.

Aerial photo of beautiful green trees and felled and burned trees to make land for agriculture and cattle pastures in Amazonas, Brazil.

 Sign the petition 

John,

One of the world's largest reinsurers, Swiss Re, wants to achieve net zero emissions by 2050 -- while bankrolling deforestation in Brazil.

The Swiss insurer has been covering sketchy agribusinesses in Brazil -- its clients have illegally deforested land, own properties overlapping with Indigenous lands, use slave labour or even armed violence to maximize their profits.

But we can help put an end to harmful business practices.

One of Swiss Re’s key arguments for attracting shareholders is its full commitment to sustainable goals. If we show the world these empty promises, we can pressure it into change -- let’s demand now:

Swiss Re: stop insuring deforestation.

Deforestation is one of Brazil’s primary sources of greenhouse gas emissions. In the last couple of years, different regions of the country have faced massive floods, dreadful droughts, devastating wildfires, and record temperatures… Extreme weather events are set to become the new normal.

Livestock farming is the main driver of deforestation in the Amazon, and preserving the world's largest rainforest is considered central to meeting the planet's survival goals. So why should we let a corporation profit from destroying our future?

This company is profiting off crimes and working against a future of climate justice. These big corporations assume no one will stop them -- let’s show them wrong:

Swiss Re: you are complicit in the climate crisis - stop profiting off of deforestation.

The Ekō community has made other massive insurance companies move. After our pressure, Zurich Insurance Group—with $439.3 billion in assets—has committed to stop insuring new oil and gas extraction projects. Changes are possible, and together, we can make them happen.

 Sign the petition 

Thanks for all that you do,
Vanessa, Fatah and the team at Ekō


More information:

Monitor investigation: Insured Irregularities
Repórter Brasil, 01 February 2024

 
 

 

 


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