*[Enwl-eng] Drop it. Now

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Apr 7, 2022, 12:59:57 PM4/7/22
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Investing in new fossil fuel infrastructure is moral and economic madness."

It seems that the UN Secretary-General's warning didn't make it to Loyd's of London this week. While most European insurers are starting to drop the worst wrecking fossil fuel projects, Lloyd’s execs are still set on plowing millions into insuring the Trans Mountain pipeline.

With more than 85 spills since it started, that have leaked hundreds of thousands of liters of black crude oil across pristine Canadian landscapes, this ruinous mega-oil highway is poisoning Indigenous lands.

As one of the largest backers of the project, it’s vital to get Lloyd’s to end this insurance recklessness!

In a few weeks, Lloyd's is holding its Annual General Meeting. Climate activists from around the world are already mobilizing to disrupt the usual celebrations of profitability and bonuses. 

While mobilisations in Canada will focus on frontline defense, Indigenous communities are calling on allies all over the world to specifically target Lloyd’s of London. Let’s show the power of our international solidarity and increase the pressure on Lloyd’s like never before:

Vladimir, email blast Lloyd’s execs ahead of the AGM to demand they rule out insuring the toxic Trans Mountain pipeline

The Trans Mountain pipeline and its expansion have been fiercely opposed for years by people globally and more than 120 First Nations and Tribes comprising the Treaty Alliance Against Tar Sands Expansion.

This spring, traditional owners on the frontline of Trans Mountain are leading mobilisations to resist the building of the pipeline. To support their efforts, alongside our partners at Coal Action Network, we’re taking mass action to disrupt business as usual ahead of Lloyd’s AGM.

Lloyd’s CEO, John Neal, can no longer ignore the international call to drop the toxic Trans Mountain Pipeline. Let’s show him that we won’t give up until Lloyd’s rules out this dreadful project.

Write to the CEOs of Lloyd’s top syndicates to demand they rule out insuring the toxic Trans Mountain pipeline, now!

SumOfUs has forced financial institutions to pull out of dangerous pipelines before. When over 360,000 members like you called on major banks to pull the plug on the Dakota Access pipeline during the heart of the Standing Rock protests, the largest bank in Norway decided to pull funding the day after we brought your names to their headquarters.

Last year, mass mobilization driven by a coalition of NGOs and activists successfully convinced 15 of Lloyd’s syndicates to rule out insuring the Trans Mountain tar sands pipeline! Momentum is building. Insurance companies are waking up to the reality that the breakdown of the climate means not only the destruction of their business models, but the beginning of a global humanitarian and environmental crisis.

Together we can make Lloyd’s feel the heat and get them to end this “moral and economic madness” once for all.

Write to Lloyd’s execs and get them to do the right thing for people and the planet!

 SEND YOUR EMAIL 

Thanks for all that you do,
Leyla, Charles and the team at SumOfUs


More information:

At least 150K litres of crude oil spilled at a Trans Mountain facility last year.
CTV News. 12 April 2021.

Stop TMX Website
StopTMX.

15th Insurer Rules out Coverage for the Trans Mountain Pipeline 
Insure Our Future. 4 August 2021.

 
 

 

 


SumOfUs is a community of people from around the world committed to curbing the growing power of corporations. We want to buy from, work for and invest in companies that respect the environment, treat their workers well and respect democracy. And we’re not afraid to stand up to them when they don’t.

Please help keep SumOfUs strong by chipping in $3

 
Sent: Thursday, April 07, 2022 10:11 AM
Subject: Drop it. Now.

 

 


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