Nature COP26 : Which banks and insurance companies have pledged to divest from fossil fuels?

Maciamo

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COP26 was a mitigated success. It came up short of expected commitments, but nevertheless achieved substantial changes. 1485 institutions in 71 countries, with assets over $39.2 Trillion, have committed to divest from fossil fuels. You can see the full list in the Divestment Database.

I am going to list the financial institutions who made pledges here. Some committed to full divestment from fossil fuels, while other only did it partially, usually for coal.

Full divestment from fossil fuels

CompanyCountry
Alternative Bank SchweizSwitzerland
Bank für Kirche und CaritasGermany
BelfiusBelgium
Bendigo and Adelaide BankAustralia
La Banque PostaleFrance
Lemonade InsuranceUSA
MedibankAustralia
Schelhammer CapitalAustria


Fossil free

(NB : I am not sure what is the difference with "full divestment")

BankCountry
Amalgamated BankUSA


Partial divestment

CompanyCountry
AXA I.M.France
Banque de FranceFrance
Caisse de dépôt et placement du Québec (CDPQ)Canada
Nordea Bank ABSweden
Pax Bank eGGermany
Swiss Life Asset ManagersSwitzerland
Swiss Reinsurance Company LtdSwitzerland


Coal and Tar

CompanyCountry
RSA InsuranceUnited Kingdom
Zurich Insurance GroupSwitzerland


Coal only

CompanyCountry
Aegon N.V.Netherlands
AG InsuranceBelgium
Allianz GroupGermany
Banco Santander SASpain
Bank im Bistum Essen eGGermany
Bank J. Safra SarasinSwitzerland
BNP Paribas Asset ManagementFrance
California State Compensation Insurance FundUSA
Chubb Insurance LTDUSA
CNP AssurancesFrance
CoveaFrance
Crédit Agricole AssurancesFrance
DB InsuranceSouth Korea
FolksamSweden
Generali InsuranceItaly
Hana P&C InsuranceSouth Korea
Hanwha GeneralSouth Korea
Hannover ReinsuranceGermany
Ilmarinen Mutual Pension Insurance CompanyFinland
ING GroupNetherlands
Intesa Sanpaulo SpAItaly
KBC BankBelgium
KB Financial Group Bank/InsuranceSouth Korea
Korean Teachers Credit UnionSouth Korea
Länsförsäkringar FondförvaltningSweden
Liberty MutualUSA
Lloyd's of London Insurance CompanyUnited Kingdom
MACIFFrance
MAPFRE InsuranceSpain
Markel CorporationUSA
NatixisFrance
QBE Insurance Group LimitedAustralia
SEB Investment ManagementSweden
Société Générale SAFrance
Steyler Ethik BankGermany
UniCredit SpAItaly
UNIQA InsuranceAustria
WR BerkleyUSA
 

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