Grade: High Exposure to Destructive Companies

Travelers Insurance is a leading US-based property and casualty insurer, with a global presence and a reputation for financial strength. It continues to draw sharp criticism for its unwavering support of the fossil fuel industry, directly contributing to the escalating climate crisis. Despite increasing climate-related losses, which force the insurer to raise premiums and withdraw coverage in vulnerable areas, Travelers remains a significant investor in and underwriter of oil, gas, and coal projects. Shareholder resolutions demanding transparency on climate risk and alignment with net-zero targets have been resisted, demonstrating a clear reluctance to transition away from carbon-intensive activities.

HQ
Market Value
Investments Managed
Turnover
Insurance Products
USA
$57.9 billion
$88.8 billion
$40.2 billion
Business

Insurance

$

475

million

Fossil Fuel GDPW

10

th

Highest in the world

Fossil Fuel Gross Direct Premiums Written (GDPW) represent the size of Travelers’ business with fossil fuel clients in 2023.

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