{"id":4684,"date":"2023-06-29T23:35:43","date_gmt":"2023-06-29T21:35:43","guid":{"rendered":"https:\/\/global.insure-our-future.com\/?p=4684"},"modified":"2024-06-12T13:10:35","modified_gmt":"2024-06-12T13:10:35","slug":"tokio-marine-agm-2023","status":"publish","type":"post","link":"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/","title":{"rendered":"Activists demand Tokio Marine rule out EACOP at annual shareholder meeting"},"content":{"rendered":"

On 26 June 2023, citizens and environmental NGOs gathered in front of the AGM venue of <\/span>Tokio Marine Holdings<\/span><\/a>; Japan\u2019s biggest and one of the world\u2019s top 10 oil and gas insurers.\u00a0<\/span><\/p>\n

\"\"<\/p>\n

#StopEACOP activists question Tokio Marine\u2019s ethics\u00a0<\/b><\/h3>\n

Risa Iizuka, a youth activist and Field Organizer at <\/span>350.org<\/span><\/a> Japan, condemned the 1,400km-long\u00a0 <\/span>East African Crude Oil Pipeline Project (EACOP)<\/span><\/a>. This pipeline poses concerns about human rights violations against local residents and environmental destruction in Victoria Lake basin and Tanzania forests.\u00a0<\/span><\/p>\n

\"\"
Risa Iizuka, a youth activist and Field Organizer at 350.org Japan.<\/figcaption><\/figure>\n

Yuki Tanabe, a climate campaigner at <\/span>JACSES<\/span><\/a>, attended the AGM and asked a question whether Tokio Marine is planning to publicly rule out underwriting EACOP. Tokio Marine\u2019s leadership answered, \u201cWe cannot comment on an individual project,\u201d even though 23 out of 29 global insurers have announced they are not and will never be involved in this project. A Japanese mega bank; <\/span>Sumitomo Mitsui Banking Corporation <\/span>(<\/span>SMBC) used to remain silent as well; however, the group recently denied its current involvement in the project, as a result of growing movement.\u00a0<\/span><\/p>\n

\"\"
Yuki Tanabe, a climate campaigner at JACSES.<\/figcaption><\/figure>\n

Tokio Marine Holdings\u2019s response on EACOP is not consistent with the group’s past practice. Yuki Tanabe said that, \u201cTokio Marine previously responded that they didn\u2019t intend to underwrite Adani\u2019s Carmichael coal mine in Australia. Tokio Marine should announce not to underwrite any new fossil fuel projects, including EACOP.\u201d<\/span><\/p>\n

Tokio Marine\u2019s History of Underwriting Dirty Fossil Fuels<\/b><\/h3>\n

Tokio Marine was also a <\/span>major underwriter of Brazil’s offshore oil drilling operations<\/span><\/a>, which caused <\/span>devastating <\/span>oil spills and conflicts with local residents. In Asia, Tokio Marine was the <\/span>second largest underwriter<\/span><\/a> of one of the <\/span>dirtiest coal power plants<\/span><\/a> in Vietnam: Vung Ang 2.\u00a0<\/span><\/p>\n

As a result of the growing movement all over the world, we have seen <\/span>15 insurers, including Allianz, Swiss Re and Munich Re<\/span><\/a>, commit to restrict their underwriting of oil and gas projects. Tokio Marine <\/span>updates its climate policy every year<\/span><\/a>; however, its improvements are too minor. To avoid the most dangerous climate catastrophe, we must see Tokio Marine speed up and strengthen its oil and gas policy immediately in line with a credible 1.5C pathway*.\u00a0<\/span><\/p>\n

* As outlined in science-based scenarios such as the <\/span>International Energy Agency (IEA) Net Zero scenario<\/span><\/a> or the <\/span>One Earth Climate Model (OECM) Decarbonization Pathway<\/span><\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

On 26 June 2023, citizens and environmental NGOs gathered in front of the AGM venue of Tokio Marine Holdings; Japan\u2019s biggest and one of the world\u2019s top 10 oil and gas insurers.\u00a0 #StopEACOP activists question Tokio Marine\u2019s ethics\u00a0 Risa Iizuka, a youth activist and Field Organizer at 350.org Japan, condemned the 1,400km-long\u00a0 East African Crude …<\/p>\n","protected":false},"author":4,"featured_media":4801,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"post_country":[53],"post_company":[50],"post_project":[75],"class_list":["post-4684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\nActivists demand Tokio Marine rule out EACOP at annual shareholder meeting - Insure Our Future Japan<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Activists demand Tokio Marine rule out EACOP at annual shareholder meeting - Insure Our Future Japan\" \/>\n<meta property=\"og:description\" content=\"On 26 June 2023, citizens and environmental NGOs gathered in front of the AGM venue of Tokio Marine Holdings; Japan\u2019s biggest and one of the world\u2019s top 10 oil and gas insurers.\u00a0 #StopEACOP activists question Tokio Marine\u2019s ethics\u00a0 Risa Iizuka, a youth activist and Field Organizer at 350.org Japan, condemned the 1,400km-long\u00a0 East African Crude …\" \/>\n<meta property=\"og:url\" content=\"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"Insure Our Future Japan\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-29T21:35:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-12T13:10:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/japan.insure-our-future.com\/wp-content\/uploads\/sites\/4\/2023\/06\/IMG_2659-1024x768.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"rubystudio\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rubystudio\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/2023\\\/06\\\/29\\\/tokio-marine-agm-2023\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/2023\\\/06\\\/29\\\/tokio-marine-agm-2023\\\/\"},\"author\":{\"name\":\"rubystudio\",\"@id\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/#\\\/schema\\\/person\\\/845c114880ae880c225c8193dfafc660\"},\"headline\":\"Activists demand Tokio Marine rule out EACOP at annual shareholder meeting\",\"datePublished\":\"2023-06-29T21:35:43+00:00\",\"dateModified\":\"2024-06-12T13:10:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/2023\\\/06\\\/29\\\/tokio-marine-agm-2023\\\/\"},\"wordCount\":416,\"image\":{\"@id\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/2023\\\/06\\\/29\\\/tokio-marine-agm-2023\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/japan.insure-our-future.com\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2023\\\/06\\\/IMG_2659.jpg\",\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/2023\\\/06\\\/29\\\/tokio-marine-agm-2023\\\/\",\"url\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/2023\\\/06\\\/29\\\/tokio-marine-agm-2023\\\/\",\"name\":\"Activists demand Tokio Marine rule out EACOP at annual shareholder meeting - Insure Our Future Japan\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/2023\\\/06\\\/29\\\/tokio-marine-agm-2023\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/2023\\\/06\\\/29\\\/tokio-marine-agm-2023\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/japan.insure-our-future.com\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2023\\\/06\\\/IMG_2659.jpg\",\"datePublished\":\"2023-06-29T21:35:43+00:00\",\"dateModified\":\"2024-06-12T13:10:35+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/#\\\/schema\\\/person\\\/845c114880ae880c225c8193dfafc660\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/2023\\\/06\\\/29\\\/tokio-marine-agm-2023\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/2023\\\/06\\\/29\\\/tokio-marine-agm-2023\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/2023\\\/06\\\/29\\\/tokio-marine-agm-2023\\\/#primaryimage\",\"url\":\"https:\\\/\\\/japan.insure-our-future.com\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2023\\\/06\\\/IMG_2659.jpg\",\"contentUrl\":\"https:\\\/\\\/japan.insure-our-future.com\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2023\\\/06\\\/IMG_2659.jpg\",\"width\":4032,\"height\":3024},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/2023\\\/06\\\/29\\\/tokio-marine-agm-2023\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Activists demand Tokio Marine rule out EACOP at annual shareholder meeting\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/\",\"name\":\"Insure Our Future Japan\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/#\\\/schema\\\/person\\\/845c114880ae880c225c8193dfafc660\",\"name\":\"rubystudio\",\"url\":\"https:\\\/\\\/japan.insure-our-future.com\\\/en\\\/author\\\/rubystudio\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Activists demand Tokio Marine rule out EACOP at annual shareholder meeting - Insure Our Future Japan","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/","og_locale":"en_US","og_type":"article","og_title":"Activists demand Tokio Marine rule out EACOP at annual shareholder meeting - Insure Our Future Japan","og_description":"On 26 June 2023, citizens and environmental NGOs gathered in front of the AGM venue of Tokio Marine Holdings; Japan\u2019s biggest and one of the world\u2019s top 10 oil and gas insurers.\u00a0 #StopEACOP activists question Tokio Marine\u2019s ethics\u00a0 Risa Iizuka, a youth activist and Field Organizer at 350.org Japan, condemned the 1,400km-long\u00a0 East African Crude …","og_url":"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/","og_site_name":"Insure Our Future Japan","article_published_time":"2023-06-29T21:35:43+00:00","article_modified_time":"2024-06-12T13:10:35+00:00","og_image":[{"width":1024,"height":768,"url":"https:\/\/japan.insure-our-future.com\/wp-content\/uploads\/sites\/4\/2023\/06\/IMG_2659-1024x768.jpg","type":"image\/jpeg"}],"author":"rubystudio","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rubystudio","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/#article","isPartOf":{"@id":"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/"},"author":{"name":"rubystudio","@id":"https:\/\/japan.insure-our-future.com\/en\/#\/schema\/person\/845c114880ae880c225c8193dfafc660"},"headline":"Activists demand Tokio Marine rule out EACOP at annual shareholder meeting","datePublished":"2023-06-29T21:35:43+00:00","dateModified":"2024-06-12T13:10:35+00:00","mainEntityOfPage":{"@id":"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/"},"wordCount":416,"image":{"@id":"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/japan.insure-our-future.com\/wp-content\/uploads\/sites\/4\/2023\/06\/IMG_2659.jpg","articleSection":["Blog"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/","url":"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/","name":"Activists demand Tokio Marine rule out EACOP at annual shareholder meeting - Insure Our Future Japan","isPartOf":{"@id":"https:\/\/japan.insure-our-future.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/#primaryimage"},"image":{"@id":"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/japan.insure-our-future.com\/wp-content\/uploads\/sites\/4\/2023\/06\/IMG_2659.jpg","datePublished":"2023-06-29T21:35:43+00:00","dateModified":"2024-06-12T13:10:35+00:00","author":{"@id":"https:\/\/japan.insure-our-future.com\/en\/#\/schema\/person\/845c114880ae880c225c8193dfafc660"},"breadcrumb":{"@id":"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/#primaryimage","url":"https:\/\/japan.insure-our-future.com\/wp-content\/uploads\/sites\/4\/2023\/06\/IMG_2659.jpg","contentUrl":"https:\/\/japan.insure-our-future.com\/wp-content\/uploads\/sites\/4\/2023\/06\/IMG_2659.jpg","width":4032,"height":3024},{"@type":"BreadcrumbList","@id":"https:\/\/japan.insure-our-future.com\/en\/2023\/06\/29\/tokio-marine-agm-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/japan.insure-our-future.com\/en\/"},{"@type":"ListItem","position":2,"name":"Activists demand Tokio Marine rule out EACOP at annual shareholder meeting"}]},{"@type":"WebSite","@id":"https:\/\/japan.insure-our-future.com\/en\/#website","url":"https:\/\/japan.insure-our-future.com\/en\/","name":"Insure Our Future Japan","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/japan.insure-our-future.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/japan.insure-our-future.com\/en\/#\/schema\/person\/845c114880ae880c225c8193dfafc660","name":"rubystudio","url":"https:\/\/japan.insure-our-future.com\/en\/author\/rubystudio\/"}]}},"_links":{"self":[{"href":"https:\/\/japan.insure-our-future.com\/en\/wp-json\/wp\/v2\/posts\/4684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/japan.insure-our-future.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/japan.insure-our-future.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/japan.insure-our-future.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/japan.insure-our-future.com\/en\/wp-json\/wp\/v2\/comments?post=4684"}],"version-history":[{"count":0,"href":"https:\/\/japan.insure-our-future.com\/en\/wp-json\/wp\/v2\/posts\/4684\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/japan.insure-our-future.com\/en\/wp-json\/wp\/v2\/media\/4801"}],"wp:attachment":[{"href":"https:\/\/japan.insure-our-future.com\/en\/wp-json\/wp\/v2\/media?parent=4684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/japan.insure-our-future.com\/en\/wp-json\/wp\/v2\/categories?post=4684"},{"taxonomy":"post_country","embeddable":true,"href":"https:\/\/japan.insure-our-future.com\/en\/wp-json\/wp\/v2\/post_country?post=4684"},{"taxonomy":"post_company","embeddable":true,"href":"https:\/\/japan.insure-our-future.com\/en\/wp-json\/wp\/v2\/post_company?post=4684"},{"taxonomy":"post_project","embeddable":true,"href":"https:\/\/japan.insure-our-future.com\/en\/wp-json\/wp\/v2\/post_project?post=4684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}