John, we have another win for our #StopEACOP campaign.
The public relations firm, Edelman, announced that they will cut ties with Standard Bank – which sources say is due to the bank’s role in funding the East African Crude Oil Pipeline (EACOP).1
This is huge for our #StopEACOP movement, John. Every company that cuts ties with EACOP gets us one step closer to stopping this disastrous project and is a sign that it is getting harder and harder for companies to get away with supporting fossil fuel projects.
But EACOP still has the support of the world’s biggest insurance broker, Marsh McLennan — and as long as Marsh is on board, they’ll look for ways to fund this dangerous pipeline.
And it’s not just Edelman, John. Four more insurers — Argo Group, Axis Capital, Talanx and RSA Insurance Ltd — have also dropped EACOP. That makes a total of 12 insurers, 20 banks, 4 export credit agencies, and 1 PR firm who have opted out of EACOP.
John, the climate crisis is not only enabled by fossil fuel companies, but also those who provide the financing, insurance, marketing, and communications for those projects.
We need Marsh to hear our message: The whole world is watching and expecting you to do what’s right – which is putting people’s lives before corporate greed. Will you use our tool to send a letter directly to three top Marsh executives today?
In solidarity,
Team 350
1 - Common Dreams