Blue whales, coral reefs, rare dolphins… the Amazonian coast in
Brazil sounds idyllic doesn’t it? But to AXA, it’s
destruction is just another money making scheme.
A bombshell report
has just revealed how the French insurer has been
finding gaps in its own "green" fossil fuel policy -- to insure
exploratory oil and gas operations in what’s been called “the Great
Amazon Reef”.
You helped force AXA to adopt its landmark oil and gas policy
last year. But it appears their policy is still far too weak,
too flimsy, and hypocritical, leaving the door open for
more climate-killing oil and gas
exploitation.
Vladimir, nightmare oil expansion
can’t go ahead without insurance. If we raise a huge, global
outcry today -- we can call out AXA’s climate hypocrisy, and make
oil and gas drilling in places like the Amazon totally uninsurable.
AXA:
honor your self-proclaimed climate leadership. Stop all new oil and
gas expansion!
AXA was hailed as a leader on climate at COP26 last year when it
adopted its new progressive oil and gas policy. Nevertheless, hidden
beneath the waters of Brazil's western Amazonian coast, the
insurer is continuing to insure dirty fossil fuel companies who are
intent on ravaging precious ecosystems for petrodollar
profits.
Brazil’s Atlantic coastlines are some of the world's
richest in terms of biodiversity, home to many critically
endangered species, such as manatees, dolphins, whales, and sea
turtles. But underlying this landscape are massive reserves of oil
and gas that have become juicy targets for planet-wrecking
companies. And this new report shows AXA is all too keen to
insure them, all the while touting its "progressive" oil and gas
policy.
But Vladimir, you’ve pushed AXA to do better for the
planet before. So you can do it again.
With our friends at Reclaim Finance and Insure Our Future, we’re
telling AXA to put its money where its mouth is by ending financial
ties to these projects, and close the loopholes in its
flimsy green policies.
Will you join us again, Vladimir?
AXA:
don’t insure oil and gas drilling in the Great Amazon Reef, or
anywhere!
