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London, 15 April 2024 – A major investigation into the world’s 65 largest insurance companies from the responsible investment charity ShareAction, released 11 April 2024, shows that both people and planet face the triple whammy from insurance companies underwriting and investing in projects that are increasing global warming, damaging the natural environment and failing to …

Today, as the insurance industry convenes for the first Global Sustainable Insurance Summit in Los Angeles, the 32 campaign groups of the Insure Our Future network have sent a letter to the world’s leading fossil fuel insurers, detailing how they can accelerate the transition to a clean and just energy economy. Demands in the letter …

The insurance industry holds the key to a safer, prosperous future if they act now. Over 100 groups in over 27 countries across 5 continents are holding over 80 demonstrations, marches, direct actions and events this week with a clear message: Insure Our Future, not fossil fuels. The insurance industry is uniquely positioned to drive …

Vienna, 26 May 2023 – Over 40 environmental organisations from Central and Eastern Europe (CEE) have united to publish an open letter [1] addressed to the CEO of Vienna Insurance Group (VIG), Ms. Elisabeth Stadler, expressing deep concern over the company’s lack of an oil and gas policy and its too laxed coal policy, and …

Following the update to Vienna Insurance Group’s (VIG) climate policy this week, climate campaigners denounce the insurer’s continued lack of clarity on the application of its coal policy and its silence on oil and gas. This morning at 9:00am CET, Campaigners from #aufstehn held a protest at VIG’s Annual General Meeting with a banner outside …

Insurance companies Allianz, Generali, and Vienna Insurance Group (VIG) continue to insure Czech coal companies despite pledged coal policies. Report by researchers from Re-Set, a Czech civil society organisation, finds that the insurers are underwriting climate-wrecking coal power plants and derailing decarbonisation both in Czech republic and the EU as a whole. The report, Betting …

Insure Our Future today welcomed Austrian insurer VIG’s announcement of a strengthened coal policy, but warned that it does not meet the need for a rapid phase-out of coal to meet Paris climate targets. The insurer commits to making no new investments in companies which derive more than 30% of sales from coal mining, among other criteria, a significant improvement on its previous …

Austria’s Vienna Insurance Group (VIG) is to stop insuring new coal plants and mines, becoming the eighth insurer to announce restrictions on its cover for coal. The new coal policy is available here. VIG also announced that it would cease investing in companies which derive 50% of revenues from thermal coal mining or thermal coal …

Four companies back expansion plans as industry leaders end cover for new coal power Four European insurers are continuing to support plans to expand Poland’s coal industry, reveals research from the Insure Our Future campaign released today as the country prepares to host the UN Climate Summit next month. Germany’s Talanx, Austrian insurers Vienna Insurance …

Generali and Vienna Insurance Group (VIG) have signed a 365,000 euro contract to insure a recently finished 660MW coal power plant in the Czech Republic, undermining international action to tackle climate change and clean up Europe’s air, the Insure Our Future campaign revealed today. Coal is the biggest single source of CO2 emissions. No new …