Insurance giants like Liberty Mutual are fueling climate change by insuring and investing in fossil fuels. However, Liberty can play a leading role in accelerating a just energy transition by adopting the following four policies.


Stop insuring fossil fuel expansion immediately.

Insuring any new fossil fuel projects is fundamentally incompatible with the goals of the Paris Agreement. The science is clear that we must limit global warming to 1.5ºC to prevent the most catastrophic effects of climate change, but the potential emissions from coal, oil, and gas reserves already in production would take the world well beyond 2°C.


Phase out insurance for all fossil fuel companies.

Existing insurance coverage for fossil fuel companies, starting with coal, must be phased out by dates that align with the 1.5ºC goal. That means exiting the coal sector by 2030 in OECD countries and 2040 globally.


Divest from fossil fuels.

Sell off shares and bonds in fossil fuel companies that are not aligned with a 1.5ºC future.


Respect human rights, including the rights of Indigenous Peoples.

Fully respect all human rights, including the right to Free, Prior, and Informed Consent, as articulated in the UN Declaration on the Rights of Indigenous Peoples. Ensure that clients have obtained the Free, Prior, and Informed Consent of impacted communities for all of their projects.