You’ve probably seen this meme before, with a dog in a house in flames, casually drinking his coffee and saying “this is fine”. Well, this is exactly what SCOR’s CEO - the world’s fourth largest reinsurer - is doing in the face of the climate emergency, waiting for the world to burn.

In May, SumOfUs members’ and partners' mobilization pushed its new CEO, Laurent Rousseau, to adopt an exclusion for all new oil projects! This is a first step, but unfortunately, not enough to prevent climate chaos...

These new restrictions do not cover gas and massive loopholes for oil projects carried out by so-called "companies in transition"are built in.

Right now, we have a short window of opportunity to pressure the CEO to adopt long overdue planet-saving exclusions. Starting this week, where SCOR is attending the largest insurance conference to start negotiating its reinsurance contracts, to the publication of its new strategy in November, people’s mobilization can weigh in Rousseau’s decisions once again.

Ahead of its strategy review, tell SCOR’s CEO to stop his company from fueling the climate crisis and cut all ties with new oil AND gas projects.

SCOR is lagging behind the biggest reinsurers, like Swiss Re and Hannover Re, that decided to stop (re)insuring new oil AND gas fields.

The reinsurer is continuing to carry out its dirty business, even if it means losing millions! Talk about denial.

Strengthening its exclusions is not only good for the planet, it’s also good for its own profits. In the first quarter of 2022, SCOR was hit by negative results that are mainly due to major extreme weather events all around the globe.

This week is a real opportunity for the CEO to reshape priorities for the next five years.

SCOR’s CEO must commit to stop insuring any new oil and gas production projects, without exception. This is the only sensible decision a (re)insurance company can make to actually do its job: protect people and society worldwide, while securing its own profits.

Tell Laurent Rousseau to publish a world-leading oil AND gas policy in order to make sure fossil fuels stay in the ground where they belong.

SCOR has always been a climate aware (re)insurer and was the first to implement a coal policy back in 2017. SCOR made brave decisions in the past when no one was able to do so.

And in May, Rousseau took note of your mobilization ahead of his first annual meeting with shareholders, and decided to exclude coverage for all new oil projects!

Before SCOR signs its new contracts and publishes its new strategy, we need to make sure its CEO takes science seriously. Can he ignore the summer of worldwide fires we just all experienced? Together we need to tell SCOR’s CEO to stop denying the climate crisis.

People's power works and you can make SCOR move in the right direction once again.

Tell SCOR’s CEO to rule out insurance for new gas expansion projects and publish a comprehensive oil and gas exclusion policy.

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