Okaayyy , we are all for a younger workforce—especially those that want meaningful #ClimateAction! 💪 (weforum.org/agenda/2022/10)
We hope 's chairman is paying attention!
Insure Our Future Global
@InsOurFuture
#InsureOurFuture advocates for the insurance industry to stop insuring fossil fuels globally.
Follow our US campaign:
Insure Our Future Global’s Tweets
We want to thank MP for making a statement in regarding blocking our meeting yesterday. We shall continue to expose the dangers of EACOP on human rights & the environment.
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Activist is yet to be released two days after being arrested for organising a debate on the environmental, human rights and economic impact of the controversial #EACOP. We demand his immediate release! See press statement ~> stopeacop.net/our-news/press
But the blocked access to the debate venue and arrested before it could even start. This is a threat to democracy and human rights. Demand he Wandegeya release him now!
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.@PoliceUg has blocked access to the debate venue!
twitter.com/HillaryTaylorV…
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. planned to bring the community together to discuss the environmental, human rights and economic impact of the East African Crude Oil Pipeline.
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We either act now & #StopEACOP or pay a dire cost for not halting this carbon bomb, EACOP.
Tomorrow, @HEBobiwine, @kizzabesigye1, & others will have a debate on how this deadly pipeline is affecting our environmental, economic, cultural, & human rights in Uganda. || @aifeuganda
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URGENT! Please help amplify! A human rights defender has been arrested for organizing a debate on the East African Crude Oil Pipeline. Please demand the Wandegeya release him now!
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Urgent Appeal from @FrontLineHRD for our organizer & @stopEACOP activist @BarigyeBob1. The appeal is to demand for his unconditional release, Treatment & demands the military to stop harassing & using extrajudicial means to harass Human rights defenders. frontlinedefenders.org/en/case/uganda
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My response in Le Monde to MarshFrance’s CEO on taking #ClimateAction :
walk the talk & end your brokering activities for #EACOP #Rosebank #TMX & fossil fuels more generally. Even your employees are asking for it! #StopEACOP lemonde.fr/en/opinion/art
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📣 Come work with us!! 📣
We're hiring a Digital Campaign Associate to help us shift the insurance industry out of fossil fuels and #InsureOurFuture!
Read more about the position and apply here ➡️ app.beapplied.com/apply/g0sleflw
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NEW: #InsureOurFuture's
responds to MarshFrance’s CEO on taking #ClimateAction:
“ continues to support fossil fuel expansion despite criticism from communities impacted by these projects, scientists, & even its employees.” lemonde.fr/idees/article/
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🕵️ exposes insurance sector secrecy🕵️Why is unwilling to name its members on insurance certificates for new oil & gas projects?
"Could it be because Lloyd's knows it's not in line with its stated commitment to act on climate?" our cofounder
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BIG: 15 insurance giants have been accused of “threatening people’s futures for dirty profits”, after @FerretScot revealed their involvement in underwriting North Sea oil fields. Among them, broker @MarshGlobal, which is also brokering for the EACOP. theferret.scot/revealed-insur
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In today's , presents "three geeky reasons" why campaigners see the net-zero insurers' target setting protocol as a "frustrating step backwards": low emission reduction targets and loopholes for new projects and scope 3 emissions.
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🎧 Give a listen to breaking down the critical role of the #insurance industry in the #ClimateCrisis on the latest episode of the 'Insurance Covered' podcast with ! bit.ly/3XpqmNC
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Permissive protocol may not accelerate #insurers’ #NetZero pathway, as campaigners claim
Net Zero Insurance Alliance plan leaves door open to #greenwashing. Insights from #NZIA and . Read more here:
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We agree with Marsh France's CEO Fabrice Domage—world leaders, including the execs at and , must stop enabling fossil fuel expansion, which includes the East African Crude Oil Pipeline. Join us in demanding #MarshDropEACOP:
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As #StopEACOP and climate justice activist says, “We need concrete and rapid commitments. It's 's turn to show the "strong voluntarism" [Fabrice Domage] is calling for. #StopEACOP”
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Nous avons besoin d’engagements concrets et rapides. Au tour de Marsh de faire preuve du "volontarisme fort" que vous appelez de vos voeux
#StopEACOP
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Activist pressure has ramped on & parent company after exposed them as brokers for EACOP and Marsh leadership ignored employees' demands to stop brokering the project that is violating human rights.
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22 of the world's largest (re)insurers and 24 banks have already pledged not to support EACOP because it does not align with #ESG principles. must take a cue from global financial leaders and withdraw from the project.
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If built, the East African Crude Oil Pipeline would be an environmental & climate disaster, and the construction phase is already violating human rights. is seeking insurers of this highly contentious project, enabling it to move forward.
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Interesting: Marsh France CEO Fabrice Domage speaks out about the interconnectedness of energy, climate, geopolitical & social crises in , pleading world leaders to act. Meanwhile , is brokering insurance for the disastrous EACOP. lemonde.fr/idees/article/
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REVEALED 👀💀 The insurance players entangled in North Sea oil.
be prepared to be stormed and targeted #StopFossilFuels
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We have firm evidence that is underwriting new fossil fuel expansion 👇
It's time for Lloyd's and all insurance players to stop enabling this planet wrecking industry 🌍🔥
#StopRosebank
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On a day when climate scientists have warned about unprecedented new heatwaves, the Net Zero Insurance Alliance publishes a target setting protocol for reducing insured emissions which is devoid of any ambition. Read this important #InsureOurFuture 🧵 on the biggest loopholes!
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Years late, the Net Zero Insurance Alliance finally published its protocol for setting emission reduction targets today. The protocol is devoid of any ambition, falls far short of the 1.5C target and opens the door for corporate greenwashing. A quick
on the biggest loopholes:
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Insurers should go beyond this low-ambition protocol and follow the science when they set their decarbonization targets. The #InsureOurFuture campaign will assess the insurers’ targets and will call out leaders and laggards in a scoring exercise. global.insure-our-future.com/net-zero-insur
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(5) The protocol doesn’t require insurers to consider the scope 3 emissions of their clients. They can thus disclose only the operational emissions of the fossil fuel companies they insure but ignore the much larger emissions from burning the fossil fuels which they enable.
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(4) Narrow scope: The protocol declares the business lines which are typically used for insuring new projects to be out of scope, so insurers can ignore the new fossil fuel projects they underwrite when calculating their insured emissions.
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(3) Talk, not action: The protocol allows insurers to set targets for engaging with their customers, which can be fulfilled "simply in recognizing the re/insurer's efforts (that may or may not result in a specific outcome)". No outcomes required…!
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(2) No sense of urgency: The protocol allows insurers to avoid setting emission reduction targets altogether until the end of 2024, which they then have to start implementing in 2025. Climate emergency, what climate emergency?!
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(1) Low ambition: Under the UN Race to Zero campaign, net-zero insurers committed to halving insured emissions by 2030. Yet under the new protocol, they will get away with reductions as low as -34%!
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Years late, the Net Zero Insurance Alliance finally published its protocol for setting emission reduction targets today. The protocol is devoid of any ambition, falls far short of the 1.5C target and opens the door for corporate greenwashing. A quick 🧵 on the biggest loopholes:
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After months of work, insurers developed a methodology for calculating "insured emissions" – the carbon footprint of the businesses and projects an insurer underwrites. Activists think there are significant holes. By + me
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As a regulator, sets the rules on how members of its market, which include some of the world’s biggest insurers, can operate within it.
Lloyd’s members still insure new coal – the dirtiest fossil fuel. Lloyd’s Chairman must mandate stronger #ESG policies.
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The article also revealed that insurance for the Norwegian oil company, Aker BP's North Sea oil drilling is provided by . ‼️
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We have also seen a separate contract which shows that the Norwegian oil exploration company, Aker BP, obtained worldwide coverage for its activities through Lloyd’s of London, a crucial insurance market located in the English capital.
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BIG: 15 insurance giants have been accused of “threatening people’s futures for dirty profits”, after revealed their involvement in underwriting North Sea oil fields. Among them, broker , which is also brokering for the EACOP.
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Urgent change is needed and we know what this change looks like. Insurers have the power and responsibility to take bold climate action. #InsureOurFuture, not fossil fuels.
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Millions of people skipping meals
Millions unable to pay their bills
Millions more at risk of poverty, with 1 in 5 adults already there.
Shell, meanwhile, hasn't paid tax since 2017 & recently registered record smashing profits counted in the billions
#CostOfLivingCrisis
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We can't insure the climate risks of countries like Pakistan alone, says Munich Re in this story, "because someone by the end of the day has to pay the insurance premiums". This someone should be the oil majors, not countries like Pakistan! ft.com/content/030a68
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Our children & planet need the insurance industry to move away from new fossil fuel projects in 2023 🌍
Great steps in the right direction (made by a small few) prove it isn’t that insurers CAN'T stop enabling deadly fossil fuels - they just WON'T
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: you are fast becoming the INSURER OF LAST RESORT for deadly fossil fuel projects☠️Time to keep up with your peers - make a New Year's resolution to stop insuring new fossil fuel projects, for all children🌍👇
#StopEACOP #StopTMX #StopAdani #InsureOurFuture
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📆Save the date: We Block the European Gas Conference 27.-29.03 2023 in Vienna! ✊✊
Gas companies are multiplying their profits this year by burning our future and making our daily lives unaffordable.
We will not stand idle. We ⛔️crash their 🍾 party and block their Conference!
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did u order pizza?
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