John, it's tomorrow! AXA is about to announce its new insurance
policy for oil & gas projects.
More than 70,000 SumOfUs members have already joined the campaign to urge
AXA's CEO, Thomas Buberl, to stop insuring these climate-wrecking
projects:
[ [link removed] ]John, can you join this call to make all new gas and oil
projects uninsurable?
[ [link removed] ]Sign the petition
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In 10 days, AXA could adopt a breakthrough new climate policy -- but you
can bet oil and gas lobbyists are not going to stand by idly.
John, can you tell CEO Thomas Buberl to practice what he
preaches on climate and stop insuring new oil and gas projects?
[ [link removed] ] Sign the petition
John,
It’s decision time. Next week, AXA’s CEO,Thomas Buberl, could decide to
stop his multinational company from insuring any new oil and gas projects.
Withdrawing insurance coverage from these dirty projects is a powerful
lever to keep fossil fuels in the ground. In the past AXA has done a
pretty good job - by becoming the first insurer to exclude all coal
projects.
And in 10 days, on Climate Finance Day, AXA could do exactly the same
thing for oil and gas. Problem is, the initiative is facing a lot of
backlash and opponents are doing their best to water down the new policy
to save their most juicy and climate-wrecking deals.
John, we need your help to call on Thomas Buberl, AXA’s CEO, to
adopt a new breakthrough policy to end AXA’s support for new oil and gas
once and for all:
[ [link removed] ]Tell Thomas Buberl to take leadership on climate and stop supporting
new oil and gas projects!
Thomas Buberl is considered the most active climate leader within the
insurance industry. In 2017, he stopped insuring new coal projects. AXA’s
move was followed by many insurers and coal has now become almost
uninsurable.
Despite this, a new investigation will soon publicly reveal that AXA
continues to insure the exploration of huge oil and gas reserves,
including in fragile ecosystems near the mouth of the Amazon River which
are home to blue whales, manatees and other threatened species.
Today, AXA has not only the unique opportunity to follow through on its
green promises, but it also has the power to redefine the rules of the
game by making oil and gas projects uninsurable too.
[ [link removed] ]John, tell Thomas Buberl to take the lead on climate by
ending all support for new oil and gas projects!
A few days ago, the International Energy Agency concluded the planet
cannot afford any new oil and gas projects if we want to avoid
catastrophic climate breakdown. Thomas Buberl is now in the hot seat to
live up to his commitments: he must follow the science and not yield to
climate wreckers’ greed.
All over the world, SumofUs members and their partners are ramping up the
pressure on the world's biggest insurance companies to hold them
accountable for their complicity in climate chaos. Today, together, we can
bring the most powerful actor to do the right thing and bring the industry
with him:
[ [link removed] ]Thomas Buberl: show the world you’re leading on climate not following!
Stop insuring all new oil & gas projects for the sake of people and the
planet.
[ [link removed] ] Sign the petition
Thanks for all that you do,
Leyla and the team at SumOfUs
More information:
[ [link removed] ]World Energy Outlook 2021
International Energy Agency. October 2021.
[ [link removed] ]Insurers must end support for new oil and gas projects to meet climate
targets
Insure Our Future. 17 June 2020.
[ [link removed] ]AXA exposed as an insurer of gas expansion
Reclaim Finance. 11 March 2021.
[ [link removed] ]How much of the world’s oil needs to stay in the ground?
The Guardian. 8 September 2021.
SumOfUs is a worldwide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy.
Please help keep SumOfUs strong by chipping in $3. [link removed]
