Unfriend Coal lists top 5 P&C companies in ‘climate leadership’

Environmental organisation Unfriend Coal’s report on the insurance market, “Insuring Coal no More: 2018 Scorecard on Insurance, Coal and Climate Change” states that several of the biggest names in the industry are failing on their responsibilities to ease off the use of coal. While the report praises European insurers, it puts US companies at the bottom of its rankings. Launched to coincide with the United Nations COP24 climate change summit in Poland, the report contains a scorecard that ranks most of the major international commercial re/insurers on their investment and divestment of coal and tar sands and their general “climate leadership” rank.

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