Zurich Insurance to stop underwriting new oil and gas projects
Posted On: Apr. 9, 2024 10:11 AM CSTSwitzerland-based Zurich Insurance Group Ltd. has decided to stop underwriting new oil and gas projects and is going a step further by cracking down on clients planning to expand in coal mining, The Business Times reported citing Bloomberg. The firm is asking its highest-emitting corporate clients to decrease their carbon footprints.