Climate advocacy group calls out Canada’s property insurers for fossil fuel support
Climate / 10.07.2024

Climate advocacy group calls out Canada’s property insurers for fossil fuel support

Investors for Paris Compliance said in a report that the seven largest Canadian property and casualty insurance companies collectively invested about $19.5-billion in oil and gas assets last year

A shareholder advocacy group is calling out Canada’s property insurers for their support of the fossil fuel industry while also raising premiums because of climate-related disasters. Investors for Paris Compliance says in a report out Wednesday that ... [5557 chars]

Published by: The Globe and Mail

Read full article here: https://www.theglobeandmail.com/business/industry-news/energy-and-resources/article-climate-advocacy-group-calls-out-canadas-property-insurers-for-fossil/

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