WebApr 10, 2024 · Apr 10, 2024. An Indigenous organization on Monday applauded Chubb for joining global insurers and major banks in refusing to underwrite new fossil fuel development within the Arctic National Wildlife Refuge in Alaska. "After the Arctic Refuge was opened for oil and gas development, we have met with and encouraged financial institutions and ... WebApr 11, 2024 · As a top-10 insurer worldwide for oil and gas producers, Chubb has moved beyond conventional underwriting practices and introduced stricter requirements for their clients in this sector. Chubb is demanding that oil and gas producers implement …
Chubb becomes first U.S. insurer to limit insuring oil and gas ...
WebAdrian Ladbury March 23, 2024. Credit: Shutterstock/AzmanMD. Chubb has announced new underwriting criteria for oil and gas extraction projects that will require clients to reduce methane emissions, a by-product in the extraction process that is among the most severe greenhouse gases. The insurer, one of the world’s leading carriers of oil and ... Web10 Likes, 0 Comments - Elders Climate Action (@eldersclimateaction) on Instagram: "Chubb announced new policies that restrict underwriting oil and gas extraction based on conservat..." Elders Climate Action on Instagram: "Chubb announced new policies that restrict underwriting oil and gas extraction based on conservation and emissions criteria. l kimii
Analysis: Chubb’s New Oil and Gas Standards on Conservation
WebChubb measures and reports on climate risk in a number of different ways. A primary objective of Chubb’s environmental program is to measure, record and reduce greenhouse gas (GHG) emissions in the company’s own operations. At the end of 2024, Chubb achieved the first of its two GHG emissions reduction goals. We reduced our GHG … Webweb apr 6 2024 imf says oil gas output to remain fundamental part of libya economy wednesday march 22 2024 hydrocarbon production is projected to grow by around 15 percent in 2024 usa shale drilling set oil gas 360 oil and gas news analysis and insights … WebMar 28, 2024 · The SEC’s recent decision related to Chubb follows a March 7 no-action letter in response to a request from Citigroup to exclude a similar shareholder proposal from its proxy ballot. That resolution asks the company to develop measures by the end of this year to ensure its lending and underwriting do not contribute to new fossil fuel supplies. l kissen