Published on Atlas Magazine (https://www.atlas-mag.net)

Home > Printer-friendly

Lloyd's of London to withdraw from the coal industry

Tweet [1] [2]
Magazine Issue: 
The teachings of Covid-19 [3]
Magazine date: 
Dec 2020

LloydLloyd's [4] of London will no longer ensure new projects dealing with coal, oil sands and arctic energy as of 1 January 2022. This decision was made in response to a great deal of pressure from environmental activists.

By 2025, the British market will no longer invest in companies that derive 30% or more of their income from the exploitation of this fossil fuel. Lloyd's is planning to withdraw entirely from the industry by 2030.

Read also | Insurers and reinsurers withdraw from the coal industry [5]

Wed, 23/12/2020 - 17:10

Source URL: https://www.atlas-mag.net/en/article/lloyd-s-of-london-to-withdraw-from-the-coal-industry

Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Flloyd-s-of-london-to-withdraw-from-the-coal-industry&text=Lloyd%27s+of+London+to+withdraw+from+the+coal+industry
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Flloyd-s-of-london-to-withdraw-from-the-coal-industry&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/lessons-from-covid-19
[4] https://www.atlas-mag.net/en/article/lloyd-s
[5] https://www.atlas-mag.net/en/article/insurers-and-reinsurers-withdraw-from-the-coal-industry