Greenwashing Alert: NextDecade Cancels Carbon Capture
By Toyo Kawakami, Japan Senior Advisor (Japan) & Ruth Breech, Senior Campaigner (US) In August 2024, the U.S. Court of Appeals for the District of Columbia ruled that permits for…
Community Victory! Insurance giant Chubb drops coverage for Rio Grande LNG!
After fierce pressure from frontline organizers, climate activists, and allies – Chubb insurance has become the first major insurer to stop covering Rio Grande LNG, a dangerous methane gas export…
Chubb Drops Rio Grande LNG Insurance
Banks, and now insurers, drop project plagued with risk from community, cultural and climate issues. RIO GRANDE, TX, August 6, 2024 — An insurance certificate obtained through a public information…
People power is moving insurance giant Chubb — but even their newest climate policies fall short
In April 2024, Chubb released a new policy to expand their minimal restrictions on insuring oil and gas. Chubb continues to feel campaign pressure to address their reputation risk on…
Arrests Made at Protest – Gulf Coast Residents Denounce Insurance Giant Chubb’s Underwriting of Methane/LNG
Over 200 residents traveled to decry the insurance industry’s profit off of the destruction of their communities ***Photos and video of the action can be found here*** June 26, 2024…
Banking On Climate Chaos 2024 Coalition statement response to Barclays
Following the 15th annual publication of Banking on Climate Chaos (BOCC), Barclays issued a response to the report. As authors of the BOCC report, we wanted to note important clarifications…
Analysis: Chubb’s New Conservation and Methane Standards Remain Inadequate but Should Exclude Support for EACOP Pipeline
New criteria falls short of aligning with 1.5°C San Francisco – In a SEC filing of “Additional Proxy Soliciting Materials” Chubb quietly updated its oil, gas, and conservation policies. RAN’s…
Chubb’s Conservation and Methane Standards for Midstream Oil & Gas Remain Inadequate
On April 24th, 2024 Chubb quietly published new conservation-based criteria for its underwriting of midstream oil and gas operations.
Fossil Fuel Financing reaches $6.9 Trillion since the Paris Agreement
Fossil fuels are a dead end for people and the planet. Big banks are financing them anyway. 2023 was the hottest year ever recorded, with an average global surface temperature…