Parents make Father’s Day appeal for Lloyd’s to stop insuring fossil fuels
Mums, dads and children made a Father’s Day appeal to Lloyd’s of London Chairman, Bruce Carnegie-Brown, to stop insuring fossil fuels at a protest outside the companies’ London headquarters.
Insuring the unacceptable
Lloyd’s is insuring some of the world’s worst fossil fuel projects that other insurers have dropped or refused to cover due to their climate impact. Stark examples of projects and companies that Lloyd’s should immediately prohibit all members of its market from renewing insurance for include: the Adani Carmichael coal mine in Australia, the Trans Mountain tar sands pipeline in Canada, the Rosebank Oil Field in the UK, Ichthys LNG in Austraila and the East African Crude Oil Pipeline – EACOP.
Lloyd’s should make a clear public commitment that its members will not renew insurance for these climate destroying projects when they come up for renewal in 2021.