AXA wants to insure Brazil’s massive offshore oil expansion -- and still
call itself a “climate leader”.

The insurance giant is finding gaps in its own “green” commitments to help
drill this Great Amazon Reef. Can you call on AXA to pull out of
disastrous oil and gas projects?

[ [link removed] ] Sign the petition 

   
John, 

Blue whales, coral reefs, rare dolphins… the Amazonian coast in Brazil
sounds idyllic doesn’t it? But to AXA, it’s destruction is just another
money making scheme.

A bombshell [ [link removed] ]report has just revealed how the French insurer has been
finding gaps in its own "green" fossil fuel policy -- to insure
exploratory oil and gas operations in what’s been called “the Great Amazon
Reef”.

You helped force AXA to adopt its landmark oil and gas policy last year.
But it appears their policy is still far too weak, too flimsy, and
hypocritical, leaving the door open for more climate-killing oil and gas
exploitation.

John, nightmare oil expansion can’t go ahead without insurance.
If we raise a huge, global outcry today -- we can call out AXA’s climate
hypocrisy, and make oil and gas drilling in places like the Amazon totally
uninsurable.

[ [link removed] ]AXA: honor your self-proclaimed climate leadership. Stop all new oil
and gas expansion!  

AXA was hailed as a leader on climate at COP26 last year when it adopted
its new progressive oil and gas policy. Nevertheless, hidden beneath the
waters of Brazil's western Amazonian coast, the insurer is continuing to
insure dirty fossil fuel companies who are intent on ravaging precious
ecosystems for petrodollar profits.

Brazil’s Atlantic coastlines are some of the world's richest in terms of
biodiversity, home to many critically endangered species, such as
manatees, dolphins, whales, and sea turtles. But underlying this landscape
are massive reserves of oil and gas that have become juicy targets for
planet-wrecking companies. And this new report shows AXA is all too keen
to insure them, all the while touting its "progressive" oil and gas
policy.

But John, you’ve pushed AXA to do better for the planet before.
So you can do it again.

With our friends at Reclaim Finance and Insure Our Future, we’re telling
AXA to put its money where its mouth is by ending financial ties to these
projects, and close the loopholes in its flimsy green policies.

Will you join us again, John?

[ [link removed] ]AXA: don’t insure oil and gas drilling in the Great Amazon Reef, or
anywhere! 



[ [link removed] ] Sign the petition 



Thanks for all that you do,
Leyla, Charles and the team at SumOfUs


********** 
More information:
 
[ [link removed] ]Full Report: Fuelling Climate Change:The Insurers Behind Brazil’s
Offshore Oil Expansion
Insure Our Future, 20 January 2022
 
[ [link removed] ]Insurers Behind Brazil Oil Press Release 
Insure Our Future, 20 January 2022
 
[ [link removed] ]Documents Reveal Insurers Backing Massive Offshore Oil Expansion in
Brazil
Reclaim Finance, 20 Janaury 2022
 
[ [link removed] ]Oil, fisheries and coastal communities
Nathan Andrews, May 2021 
 
[ [link removed] ]Axa’s New Oil And Gas Policy: Glass 44% Full Or 56% Empty?
Insure Our Future, 29 October 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]