Microsoft Word - D&O letter_final_19 May 2014 Insurance companies

The letter argues that fossil fuel companies responsible for the majority of global industrial emissions may have funded climate denial and disseminated misleading information, potentially exposing their directors and officers to personal civil or criminal litigation risks that could impact D&O insurance coverage.

• The authors assert that corporations responsible for most global industrial CO2 and methane emissions over the last 150 years may have worked to obstruct climate change and clean energy actions by funding climate denial and spreading false or misleading information regarding climate risks.
• The letter warns that corporate efforts to obstruct climate action and the dissemination of incomplete or misleading information to insurers, shareholders, and regulators could create personal risks for directors and officers, specifically through the threat of future criminal or civil litigation.
• The authors note that there is increasing awareness of climate change threats among the insurance industry and shareholders, citing a Lloyd’s report calling for the industry to ensure risk models adequately price the influence of climate change.

APA

Center for International Environmental Law (2014). Microsoft Word - D&O letter_final_19 May 2014 Insurance companies. https://www.ciel.org/Publications/D&O_letter_InsuranceCompanies_19May2014.pdf

Chicago

Center for International Environmental Law. Microsoft Word - D&O letter_final_19 May 2014 Insurance companies. 2014. https://www.ciel.org/Publications/D&O_letter_InsuranceCompanies_19May2014.pdf.

Wikipedia

{{cite press release |author=Center for International Environmental Law |title=Microsoft Word - D&O letter_final_19 May 2014 Insurance companies |date=22 May 2014 |url=https://www.ciel.org/Publications/D&O_letter_InsuranceCompanies_19May2014.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{centerforinternationalenvironmentallaw2014microsoft, author = {{Center for International Environmental Law}}, title = {{Microsoft Word - D\&O letter\_final\_19 May 2014 Insurance companies}}, publisher = {Center for International Environmental Law}, year = {2014}, month = may, url = {https://www.ciel.org/Publications/D&O_letter_InsuranceCompanies_19May2014.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }