Insurance giant Travelers to ditch coal plant underwriting

Michael Holder
clock • 3 min read
Travelers joins a growing list of major insurers to rule out underwriting for coal
Image:

Travelers joins a growing list of major insurers to rule out underwriting for coal

Insurer also beefs up climate policies on tar sands and wider investments

Travelers has become the latest insurance giant to rule out underwriting for new coal-fired power plants worldwide, as it yesterday unveiled a clutch of strengthened green investment and insurance policies....

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Investment

EnTrade and Arup launch nature market joint venture

EnTrade and Arup launch nature market joint venture

Firms to double down on funding model providing farmers and landowners with fresh private investment for nature recovery

Stuart Stone
clock 07 February 2025 • 2 min read
'The Collective': Octopus Energy launches renewables investment platform

'The Collective': Octopus Energy launches renewables investment platform

Energy giant moves into clean energy crowd-funding market with new FCA regulated investment platform

James Murray
clock 06 February 2025 • 2 min read
Major investors worth €6.6tr urge EU to stand firm on sustainability disclosure rules

Major investors worth €6.6tr urge EU to stand firm on sustainability disclosure rules

More than 160 Investors representing approximately €6.6trn in assets warn EU against weakening sustainability disclosure requirements

Stuart Stone
clock 04 February 2025 • 4 min read