Extinction Rebellion Forres Protests Against Howden Insurance for Underwriting Fossil Fuel Projects
Environmental campaigners from Extinction Rebellion Forres have staged a protest outside an insurance brokers in Moray, targeting Howden due to its role in continuing to underwrite new oil, gas, and coal projects. The protest came in the form of an open letter handed over at the company's Elgin offices on the Chanonry Industrial Estate, appealing directly to Howden employees who are also shareholders in the business to put pressure on the company's board of directors to alter their policy. The letter highlighted the devastating impacts of climate change being felt across Scotland, including wildfires and extreme weather events.
Key Takeaways:
- The protest by Extinction Rebellion Forres was targeted at Howden, an insurance brokers firm, due to its role in underwriting new oil, gas, and coal projects.
- About a third of Howden's staff nationwide are also shareholders in the business.
- The open letter handed over to Howden's Elgin offices appealed directly to these employees to put pressure on the company's board of directors to alter their policy.
- The letter stated that the devastating impacts of climate change are being felt across Scotland, with recent wildfires and extreme weather events causing destruction and threatening lives and homes.
- The letter highlighted that insurance cover is essential for the expansion of the fossil fuel industry and that Howden's continued underwriting of new oil, gas, and coal projects is a crucial contributor to this crisis.
- The letter urged Howden employees to consider the long-term consequences of their current practices and to act with the urgency demanded by the science.
Statistics:
- About a third of Howden's staff nationwide are also shareholders in the business.
- Over 100,000 homes were left without power due to Storm Alyn earlier this year.
- Wildfires swept through parts of Scotland earlier this year, destroying ecosystems and threatening homes.
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