Allianz to stop insuring coal power plants and mines

Madeleine Cuff
clock • 2 min read

European insurance giant says it will pull its business out of coal sector completely by 2040 as part of 'ambitious climate protection package'

Allianz is to stop selling insurance policies to coal-fired power plants and coal mines, in the latest sign the dirtiest fossil fuel could become a pariah for forward-thinking investors. Announcing...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Madeleine Cuff
Author spotlight

Madeleine Cuff

View profile
More from Madeleine Cuff

From SEMTA to Enginuity: Engineering skills body rebrands

Inside Enginuity's plan to build a workforce for the future

More on Investment

Poll: 80 per cent of UK public support pensions being invested in renewable energy
Investment

Poll: 80 per cent of UK public support pensions being invested in renewable energy

YouGov poll finds more than half of Reform voters and over 70 per cent of Tory voters support their pensions being invested in renewables

Michael Holder
Michael Holder
clock 08 October 2025 • 3 min read
The growing importance of 'social impact investing' in green business
Investment

The growing importance of 'social impact investing' in green business

Social impact investment, if we prioritise it, can unlock technology that could have an immense impact on communities, otherwise key innovations and opportunities risk being overlooked, writes Key Fund's Jane Austin

Jane Austin, Key Fund
clock 07 October 2025 • 4 min read
Royal London launches three sustainable funds
Investment

Royal London launches three sustainable funds

New funds expand the pension provider's range of sustainable funds to nine

Martin Richmond, Professional Pensions
clock 07 October 2025 • 1 min read