From Team 350 <[email protected]>
Subject Insurers are leaving the East African Crude Oil Pipeline in droves
Date August 31, 2022 4:56 PM
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[ [link removed] ]350.org

 

 



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

[ [link removed] ]Headline: Global PR Firm Reportedly Cuts Ties With Bank Over African
Oil Project

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.

[ [link removed] ]John, we
need Marsh’s top executives to hear our demands for them to follow in
Edelman’s footsteps and drop EACOP. Can you help us up the pressure by
sending a message to Marsh leadership today?

[ [link removed] ]Send a letter »

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. [ [link removed] ]Will you use our tool to send a letter directly to
three top Marsh executives today?

[ [link removed] ]Send a letter »

In solidarity,

Team 350



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1 - [ [link removed] ]Common Dreams


 




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