Innovation is central to AXA’s mission to make insurance more human and accessible. Hear from David Ng, Deputy CEO of AXA Hong Kong & Macau, as he shares how AXA is leveraging AI and digital payments to better serve customers—with Citi helping to make it all happen. Learn more: https://on.citi/44TgBgE.
Well done!
How can Citi align its sustainability aims while being a top fossil fuel supporter? Allianz cautions that climate change puts capitalism at risk due to uninsurable threats. Meanwhile, Citi continues backing ExxonMobil, Shell, and Chevron expansions. The $59.5B Exxon-Pioneer deal defies climate science.
AXA: How do insurers justify investing in industries eroding their own future? Allianz signals that climate risks might soon be uninsurable, a direct hit to capitalism. Yet you continue funding Cheniere, ExxonMobil, Shell. Why not spearhead divestment from these risk-inducing companies?
It's striking: Insurers grasp climate risks deeply, yet continue backing fossil fuels, escalating those risks. AXA, while Allianz cautions that climate change could render cities uninsurable, you support the growth of Cheniere, Shell, ExxonMobil. Your actuaries assess climate costs—why support the entities causing them?
Ah, a combo, a financial services bank helping its "wealth" clients feed on the forced labour of the poor + an insurance company, representing an industry feeding on the fear of the unknown, and imposing nonsense limitations just to refuses payouts when something bad eventually happens.
Allianz warns that climate change poses uninsurable risks to capitalism. Yet Citi invested over $15B in ExxonMobil. Even as insurers highlight the dangers, you're still funding Shell and Chevron's 18% production growth. Let's work towards being part of the solution, not the problem. #ClimateChange #Sustainability
It's ironic that insurers, who grasp climate risks, still back fossil fuels, worsening those risks. AXA, though Allianz flags climate change making cities uninsurable, you support Cheniere, Shell, ExxonMobil's growth. Your actuaries gauge climate costs—why support companies fueling them?
It's puzzling how Citi balances its sustainability goals while remaining the 2nd largest fossil fuel funder. Allianz notes climate change could "destroy capitalism" via uninsurable risks, yet Citi supports ExxonMobil, Shell, and Chevron growth. The $59.5B Exxon-Pioneer merger defies climate science.
AXA, how can you invest in industries furthering their own demise? Allianz flags that climate risks could soon be uninsurable, shaking the core of capitalism. Yet, you back Cheniere, ExxonMobil, Shell. Why aren't you spearheading divestment from the companies heightening these threats?
Head Bookkeeper and Customer Service Manager at Safeway #0697
1wAllianz warns that climate change might undermine capitalism due to uninsurable risks. Yet Citi invests $15B+ in ExxonMobil. Insurers highlight extreme weather risks, yet you fund Shell, Chevron for 18%+ production growth. Let's be problem solvers, not contributors to this crisis. #climatechange #sustainability