Update June 2022: A United Nations human rights committee just said Canada needs to stop construction on Trans Mountain Pipeline until it gets Free Prior and Informed Consent from affected Indigenous communities.
Since we've started this petition 18 insurers including Chubb and Zurich have agreed to stop insuring TMX. Remaining insurers such as AIG, Liberty Mutual, and the rest of the Lloyd’s market are making their decision whether or not to renew their insurance for TMX for another year right now.
Original text from 2020:
Lloyd’s of London is insuring an oil pipeline that’s poisoning Indigenous land in Canada.
The Trans Mountain pipeline is a mega-oil highway, transporting crude oil across Canada. Just two weeks ago, it spilled 190,000 of thick tar sands oil near a sacred Indigenous burial ground.
This is just one of 85 spills from this pipeline in the last 10 years.
We can’t wait around for another spill to destroy more Indigenous land -- so the affected communities are demanding insurance companies drop this dangerous pipeline.
Lloyd’s of London is in the middle of a huge controversy as its original owners have profited off colonialism and the slave trade. Its insurance contract on Trans Mountain pipeline is also going to expire in August. A huge public outcry about its on-going role in colonialism could force the insurance to pull out and leave this mega-oil project that threatens Indigenous people’s way of life.
Add your name to demand Lloyd’s of London stop insuring this planet-wrecking pipeline.
If this pipeline is expanded, it will also lead to climate disaster.
Unfortunately for our planet, right before the COVID-19 crisis hit, the Canadian courts greenlit the Trans Mountain pipeline – a reckless project that would increase oil tanker traffic by seven hundred percent, endangering the already struggling Orca whale population.
And if you think the global pandemic would stop this pipeline, think again -- despite social distancing measures, construction on the climate destroying Trans Mountain pipeline has already started. The start of construction also comes the instalment of “man camps” which have been linked to violence against Indigenous women and to the spread of COVID-19 in Native communities.
Insurance companies hold the key to stopping this pipeline -- if the pipeline can’t get corporations to pay for cleaning up its spills, it can’t operate. And two of the biggest insurance companies that insure Trans Mountain have already pulled out because of the pipelines affect on the climate.
Earlier this month, after a public out cry, Lloyd’s of London apologized for its role in the slave trade and colonialism. Yet, those words are empty as Lloyd’s continues to actively participate in the colonization of Indigenous people by insuring this pipeline. Lloyd's insurance contract runs out next month, and now while its still in the middle of it PR disaster, is the time to push Lloyd's to uninsure the Trans Mountain pipeline.
Tell Lloyd’s to stop insuring the Trans Mountain pipeline.
SumOfUs has forced financial institutions to pull out of dangerous pipelines before. When over 360,000 members like you signed a petition calling on major banks to pull the plug on the Dakota Access pipeline during the heart of the Standing Rock protests, the largest bank in Norway decided to pull funding the day after we brought your names to their headquarters.
And just last week, the US courts forced Dakota Access pipeline to drain all its oil and stop operating. Activists were able to stop the Dakota Access pipeline because we took action over and over. And together, we can stop the Trans Mountain pipeline too, but only if keep the pressure on. Please take action now.