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Santa delivers coal to Convex Insurance in Bermuda and puts Stephen Catlin on naughty list over coal underwriting

22 December 2021 | News

Santa delivers coal to Convex and Stephen Catlin in Hamilton, Bermuda Convex continues to refuse to join 42 major insurers in ruling out insuring controversial Adani Carmichael mega-coal mineSanta delivers stockings full of coal for Stephen Catlin and Convex outside...

HSBC new coal policy ignores elephant in the room of bank’s ownership of new coal power

14 December 2021 | News

Policy allows HSBC Global Asset Management’s huge investment in companies building 99 gigawatts of new coal plants to continue, Financing able to continue for problem coal companies like Adaro (Indonesia) and Adani (India) HSBC’s long-awaited new coal policy, a...
Convex Insurance clinch ‘Coal Holdout’ Award at 2021 Insurance Times Awards

Convex Insurance clinch ‘Coal Holdout’ Award at 2021 Insurance Times Awards

9 December 2021 | News

Market Forces awards London-based insurer with prize for refusing to rule out coal mine that will result in emissions 10 times the UK’s annual carbon footprint Ceremony attendees handed leaflets highlighting Convex’s coal holdout status “Stephen Catlin” accepts...
Standard Chartered shareholders challenge bank to live up to net zero promise on fossil fuels

Standard Chartered shareholders challenge bank to live up to net zero promise on fossil fuels

7 October 2021 | News, Press release

Shareholders file climate resolution as StanChart CEO co-chairs  Sustainability Council of G20 business summit (B20)Resolution calls on bank to match ‘net zero by 2050’ rhetoric with action and end the bank’s misaligned financing of fossil fuelsInternational...

UK banks competing in ‘Race to Disaster’ ahead of UN Climate talks

19 August 2021 | News, Press release, Uncategorized

HSBC and Barclays neck-and-neck for funding fossil fuels this year so far – funding US$4.5 billion and $4.4 billion respectively in fossils – despite climate pledges. The top UK fossil-funding banks – Barclays, HSBC and Standard Chartered –...
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Recent Posts

  • Has Lockton put ethics aside to back Adani’s disastrous coal mine?
  • Standard Chartered AGM – shareholders rebel against management on climate change
  • ANALYSIS: Standard Chartered funds fossil fuel projects in 2021 that will emit five times the entire UK’s annual emissions
  • Standard Chartered Bank hit with protests on opposite sides of the world as AGM vote on ending fossil fuel expansion finance approaches
  • London-based financial services company GLAS latest to risk shattering its reputation on Adani’s coal project

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  • London-based Convex Insurance could insure one of the most environmentally destructive projects on Earth – Market Forces UK #StopAdani #StopEcocide #auspol #NoNewCoal Stop stealing our children’s future! – Climate Action Australia on London-based Convex Insurance could insure one of the most environmentally destructive projects on Earth

About Market Forces

Market Forces believes that the banks, pension funds and governments that have custody of our money should use it to protect not damage our environment.

Our work exposes the institutions that are financing environmentally destructive projects and helps people to hold these institutions accountable. We work with the community to prevent investment in projects that would harm the environment and drive global warming.

Market Forces is an international organisation headquartered in Australia.

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