A shot of natural gas storage tanks in sphere shape in Okayama, Japan

REPORT: Risk Exposure: The insurers secretly backing the methane gas boom in the U.S. Gulf South

At least 35 different insurance companies are responsible for underwriting liquified methane export terminal projects across the U.S Gulf South, according to a report by Rainforest Action Network and Public Citizen. The analysis, based on documents obtained through open record requests, details the insurance coverage for existing and projected methane gas infrastructure that, if built, …

AIA insurance fully divests from coal

The Insure Our Future network welcomes AIA’s divestment from coal, and calls on other Asian life insurers to follow AIA’s lead. In its new 2020 ESG report, AIA commits to do the following: AIA will divest and/or run off their entire directly managed equity and fixed income exposure to coal mining and coal-fired power businesses …

Can the Premier League’s greenest club find a sponsor which shares its green credentials?

On January 25, 2021, BBC Sport and the Sport Positive Summit named Tottenham Hotspur the Premier League’s greenest club. Congratulations! Can Spurs, which also just signed up to the UN Sports for Climate Action Framework, drop AIA and find a shirt sponsor which shares their commitment to a healthy planet? Ahead of Arsenal, Brighton and …

AIA Briefing Paper: Kick Out Coal

AIA, one of the world’s largest life insurers and shirt sponsor of Tottenham Hotspur, is undermining its pledge to support climate action and help customers lead healthy lives by investing billions of dollars in coal companies, reveals the report. More than 65 insurers worldwide have divested from coal, but AIA has placed no restrictions on …

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