Chubb’s Commitment to the Environment with a New Policy on Coal

At Chubb, we recognize our responsibility to reduce our own environmental impact and to make meaningful contributions to environmental causes. We are proud to lead the way and do our part as a steward of the planet.
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With the new policy, we will no longer underwrite the construction and operation of new coal-fired plants or new risks for companies that generate more than 30% of their revenues from coal mining or energy production from coal. Insurance coverage for existing coal-plant risks that exceed this threshold will be phased out by 2022, and for utilities beginning in 2022. In addition, Chubb will not make new debt or equity investments in companies that generate more than 30% of revenues from thermal coal mining or energy production from coal.

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"Chubb recognizes the reality of climate change and the substantial impact of human activity on our planet," said Evan G. Greenberg, Chairman and CEO of Chubb. "Making the transition to a low-carbon economy involves planning and action by policymakers, investors, businesses and citizens alike. The policy we are implementing today reflects Chubb's commitment to do our part as a steward of the Earth."

 

To learn more about how Chubb is making a difference in protecting the environment, click here.

Chubb in Your Community

Modern house exterior
Art & Music
Design Leadership Network
At Chubb, we know a home is more than bricks and mortar. A home is full of unique details, custom designs, and personality.
Tennis Hall of Fame
Community
Tennis Hall of Fame
Chubb is proud to support the International Tennis Hall of Fame, an organization dedicated to preserving and promoting the history of tennis.
Art Basel
Art & Music
Art Basel
Chubb is pleased to showcase the work of six New York Academy of Art Chubb Fellows.
Peacock artwork
Art & Music
The Winter Show
At Chubb, we believe that artistic passion – and passion for the arts – is worth protecting. The Winter Show is the leading art, antiques, and design fair in America, featuring 70 of the world’s top experts in the fine and decorative arts.
Brooklyn Academy of Music
Art & Music
Brooklyn Academy of Music
We protect the creative passions of artists, performers and innovators - in Brooklyn, and worldwide.
artist working on painting at New York Academy of Art
Art & Music
New York Academy of Art
To help support the next generation of masterpiece makers, Chubb sponsors three fellows every year at the New York Academy of Art.
Pride
Community
Pride
If there’s one thing we’ve always understood, sharing a home with our loved ones matters to us all – regardless of our identity and orientation.
Nurse checking vitals as part of United Way support
Philanthropy
United Way
United Way strives to advance the common good through creating opportunities for all people.
Teach for America
Education
Teach for America
Chubb supports teacher training and ongoing practice in New York City and Los Angeles schools.
peer group sitting and working on laptops around table
Education
Per Scholas
Per Scholas is a 22-year-old national nonprofit that provides rigorous and tuition-free technology training and professional development.

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