AIG: Insure our future, not Adani

Adani can’t build their destructive coal mine without insurance.

A staff insider from US insurance giant AIG has confirmed AIG is covering part of Adani’s mine project. But senior staff are unhappy about AIG’s involvement with Adani. And their contract with Adani is coming up for renewal on September 30th.

Can you contact AIG and tell them why they shouldn’t insure Adani’s climate-wrecking disaster?

Adani can’t build their destructive coal mine without insurance.

A staff insider from US insurance giant AIG has confirmed AIG is covering part of Adani’s mine project. But senior staff are unhappy about AIG’s involvement with Adani. And their contract with Adani is coming up for renewal on September 30th.

Can you contact AIG and tell them why they shouldn’t insure Adani’s climate-wrecking disaster?

Email AIG!

Use the tool below to send an email to AIG. Your email will go to the top decision makers on sustainability, including the CEO. We have provided a template message and subject line, but encourage you to use your own words.

It's best to be polite but firm -- AIG should not be helping Adani exploit a massive new coal basin and turbocharge the climate crisis.

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I am very concerned that you will continue to support Adani's plans to mine and export coal from the Galilee Basin in Queensland, Australia. I want you to confirm to me personally, and announce publicly, that after 30 September you will not be involved in any part of the disastrous Adani Carmichael project or provide any underwriting or investment support for the Adani group of companies more generally.

The Indian conglomerate Adani's proposed Carmichael coal mine is arguably the most environmentally and socially contentious project in Australia's history, the object of years-long international controversy. It would have dire consequences for the climate, with coal burned over its lifetime equivalent to eight years of Australia’s annual greenhouse gas emissions. The fact that it would act as a gateway project, opening up an entirely new thermal coal basin containing billions of tonnes of coal makes its potential climate impact even greater.

It would increase shipping and industrial activity in the already stressed Great Barrier Reef World Heritage Area. And the traditional owners of the land on which the mine would be dug, the Wangan and Jagalingou, continue to oppose Adani taking their land.

Any company associated with this climate-wrecking project faces massive reputational risks.

Around 50 global financial institutions, including 14 major insurers, have publicly declared that they will not support the project. In November 2018, Adani announced that it would self-finance the project and some preparatory construction has begun. Insurance remains a crucial missing piece of financial support for the project.

I call on your company to rule out any further insurance services for all aspects of the Carmichael coal mine and rail project in Queensland, Australia, proposed by the Adani Group of companies, and furthermore exclude the Adani group as a whole until the Carmichael project is cancelled.

Thank you in advance for unequivocally ruling out any further involvement by your company in any part of the Adani Carmichael coal project.

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