Use your voice: Urge Chubb to drop insurance for polluters who put profits before the planet!

Cappuccino and Marina, two orcas from the dwindling Southern Resident orca pods, died last year. For years, the Southern Resident orca community has been losing babies due to pollution and lack of food. After a few healthy calves are finally born, fossil fuel companies are again threatening to wipe out all progress and drive the species to extinction.

Dirty energy projects like the Trans Mountain Pipeline expansion can only proceed because insurance companies like Chubb are backing them up. If Chubb stops insuring them, Big Oil won’t be able to construct them. We need your help convincing Chubb to stop insuring fossil fuels.

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Dear Chubb CEO Evan Greenberg,

As one of the world’s largest insurers of coal, oil, and gas in the world, Chubb is fueling the climate crisis. Chubb’s support for the expansion of climate-wrecking fossil fuel projects fuels the climate crisis and threatens the health, safety, and rights of communities around the world.

Although you have acknowledged the massive threat that climate change poses to the world for more than a decade, your company’s actions do not align with your rhetoric on climate. Chubb has insured fossil fuel infrastructure in Russia that is bankrolling Putin’s war on Ukraine, oil, and gas extraction off the coast of Brazil, exploratory drilling in the Arctic, and other fossil fuel projects globally – and has zero policies in place to restrict support for oil and gas expansion.

Continued support for new fossil fuel infrastructure locks us all into a world of runaway global warming. As the International Energy Agency underlined the path away from climate chaos is "narrow but still achievable" and requires an immediate end to new oil and gas fields, coal mines, or coal plants. As you know, potential emissions from oil, gas, and coal reserves already in production more than exhaust a 2°C carbon budget and take us far beyond 1.5°C.

We call on you to take concrete steps to align with a world in which climate change is limited to 1.5°C, human rights are fully respected, and fossil fuels are not driving violent conflict around the globe by taking the following steps:

1. Immediately stop providing new financing, investment, insurance coverage, and other financial services to Russian fossil fuel companies, and divest from existing assets;
2. Immediately stop insuring new and expanded coal, oil, and gas projects;
3. Set 1.5°C-aligned zero dates for phasing out all fossil fuel insurance;
4. Immediately end financing for projects and companies that are implicated in abuses of human rights, especially Indigenous rights.

In the lead-up to your Annual General Meeting this spring, we are echoing the calls from investors to stop insuring fossil fuel expansion and instead ensure a livable planet for all. You have an opportunity to reassert your leadership position on climate and justice, and we urge you to seize it.

Sincerely,
{user_data~First name} {user_data~Last name}
{user_data~City}, {user_data~State} {user_data~Postcode}

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