Zurich stops insuring and investing in nearly 100 companies that fail green credentials

Credit: iStock/Nastco

Zurich Insurance stopped insuring and investing in more than a third of 268 companies last year that it identified as exposed to thermal coal, oil sands and oil shale, but unable or unwilling to adopt greener practices. The company says in its Sustainability Report 2020 that it decided to terminate its business relationships with 36% of these customers that didn’t…

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