Zurich AG Will Stop Underwriting New Fossil Projects

8 months ago 32

The Zurich Insurance Group AG will no longer insure new oil and gas projects and will push its highest-polluting customers to slash their carbon pollution, Bloomberg reports. Explaining that new oil and gas extraction is incompatible with the firm’s goal of reaching net-zero emissions by 2050, Zurich head of commercial insurance Sierra Signorelli told Bloomberg, … Continued

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