Insurance companies’ responses to human rights abuses in the extractive industry29 June 2021
A case study for the Fair Insurance Guide Netherlands
Research by the Fair Insurance Guide, of which PAX is a part, shows that the nine largest insurance companies in the Netherlands together invest more than 4 billion euros in eleven multinationals that are directly involved in serious and long-term human rights violations
Achmea, Aegon, Allianz, ASR, Menzis, NN Group and VGZ could not demonstrate that they are taking sufficient action against the violations, as required by the guidelines. Only two insurers were able to do this: Athora NL and CZ.