Lloyd's of London should cease backing fossil fuel growth.
Lloyd’s of London, one of the world’s largest insurance marketplaces, has faced increasing criticism for continuing to insure fossil fuel projects, despite growing climate concerns. Critics argue that by providing insurance for oil, gas, and coal projects, Lloyd's is indirectly supporting the expansion of the fossil fuel industry, which contributes to climate change. Many believe that as a financial powerhouse, Lloyd's has the ability and responsibility to steer the global economy away from fossil fuels and towards renewable energy.
No company should be funding or supporting the extraction of fossil fuels, as it harms the planet and undermines efforts to combat climate change.
This is absurd!They should cease insuring this ventures to combat the devastating global warming effects.
rosebellendiritu
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7 w
I still don't understand why some people are so focused on destroying the planet rather than making it better.
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Rashid Kamau
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7 w
By divesting from fossil fuels, Lloyd's can encourage the development and growth of innovative, sustainable practices within industries, ultimately contributing to a greener economy.
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Munene Mugambi
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7 w
How atrocious. Lloyd's of London should indeed cease backing fossil fuel projects. Continuing to insure these ventures undermines global climate action efforts. Instead, they should use their influence to support the transition to renewable energy, fostering a sustainable future that combats climate change effectively.
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walter lungayi
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8 w
He should embrace the importance of environmental considerations in financial decision-making and long-term viability.
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Munene Mugambi
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7 w
@walter_lungayi Like other financial institutions, should prioritize environmental considerations in their decision-making processes. By embracing sustainability, they not only contribute to climate action but also ensure long-term viability and resilience.
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Sarah Chabane
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8 w
yes, they need to #MovetheMoney!
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We Don't Have Time
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8 w
Hi, Grace Njeri. Thanks for posting a climate review on our platform. However, this review should not be directed to Lloyd the IT support company, but to a company or an organization that needs to be aware of this, like Lloyd's the insurance marketplace. You can find that profile here: https://app.wedonthavetime.org/profile/Lloyds.
The idea behind our climate reviews is to make companies and organizations aware that they could (and should) do better. If enough people agree to your review, we will contact the company and ask them to join the climate dialogue.
Read more here: https://www.wedonthavetime.org/our-community#guide
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Princess
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8 w
It's very frustrating to see such a lack of responsibility when the world is calling for environmental action.
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Munene Mugambi
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7 w
@princess_nel_268 It truly is frustrating. At a time when urgent environmental action is needed, continuing to support fossil fuel projects reflects a serious disconnect from the global push for sustainability.
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Kihm Francis
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8 w
If Lloyd’s wants to be seen as a progressive and responsible leader, it must stop supporting the expansion of fossil fuels.
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Rashid Kamau
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7 w
@frankoh_kihm_080 Taking a bold stance against fossil fuel expansion can enhance Lloyd’s reputation among investors, clients, and the public.
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6 w
This is absurd!They should cease insuring this ventures to combat the devastating global warming effects.
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7 w
I still don't understand why some people are so focused on destroying the planet rather than making it better.
•
•
7 w
By divesting from fossil fuels, Lloyd's can encourage the development and growth of innovative, sustainable practices within industries, ultimately contributing to a greener economy.
•
•
7 w
How atrocious. Lloyd's of London should indeed cease backing fossil fuel projects. Continuing to insure these ventures undermines global climate action efforts. Instead, they should use their influence to support the transition to renewable energy, fostering a sustainable future that combats climate change effectively.
•
•
8 w
He should embrace the importance of environmental considerations in financial decision-making and long-term viability.
•
•
7 w
@walter_lungayi Like other financial institutions, should prioritize environmental considerations in their decision-making processes. By embracing sustainability, they not only contribute to climate action but also ensure long-term viability and resilience.
•
•
8 w
yes, they need to #MovetheMoney!
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•
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8 w
Hi, Grace Njeri. Thanks for posting a climate review on our platform. However, this review should not be directed to Lloyd the IT support company, but to a company or an organization that needs to be aware of this, like Lloyd's the insurance marketplace. You can find that profile here: https://app.wedonthavetime.org/profile/Lloyds. The idea behind our climate reviews is to make companies and organizations aware that they could (and should) do better. If enough people agree to your review, we will contact the company and ask them to join the climate dialogue. Read more here: https://www.wedonthavetime.org/our-community#guide
•
•
8 w
It's very frustrating to see such a lack of responsibility when the world is calling for environmental action.
•
•
7 w
@princess_nel_268 It truly is frustrating. At a time when urgent environmental action is needed, continuing to support fossil fuel projects reflects a serious disconnect from the global push for sustainability.
•
•
8 w
If Lloyd’s wants to be seen as a progressive and responsible leader, it must stop supporting the expansion of fossil fuels.
•
•
7 w
@frankoh_kihm_080 Taking a bold stance against fossil fuel expansion can enhance Lloyd’s reputation among investors, clients, and the public.