QBE continues to insure the expansion of conventional oil and gas without restrictions; its climate policies are notably weaker than those of its Australian peers.
QBE
2024 Scorecard on Insurance, Fossil Fuels and the Climate Emergency
| Company | Country | ceo | Underwriting | Investment | Renewables : Fossils Premiums (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | Coal | Oil & Gas | Total | Coal | Oil & Gas | |||||||
QBE | | Andrew Horton | 1.52 / 10 Rank 14 Total 1.52 / 10 Coal 2.12 / 10 Oil & Gas 1.15 / 10 Total Rank 14 Coal Rank 13 Oil & Gas Rank 17 | 2.12 / 10 Rank 13 | 1.15 / 10 Rank 17 | 5.51 / 10 Rank 6 Total 5.51 / 10 Coal 7 / 10 Oil & Gas 4.24 / 10 Total Rank 6 Coal Rank 8 Oil & Gas Rank 4 | 7 / 10 Rank 8 | 4.24 / 10 Rank 4 | 26:74 | |||
CEO: Andrew Horton
AustraliaUnderwriting Score
Total
1.52 / 10
Rank 14
Coal
2.12 / 10
Rank 13
Oil & Gas
1.15 / 10
Rank 17
Investment Score
Total
5.51 / 10
Rank 6
Coal
7 / 10
Rank 8
Oil & Gas
4.24 / 10
Rank 4
Rank over time
The companies were ranked from 1 (best) to 30 (worst) based on their scores, companies with the same score were given the same rank. Data was not collected on oil & gas until 2020.
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