JPMorgan Chase is the dirtiest bank in the world. Since the Paris climate agreement was signed, they’ve invested more than $382 billion in fossil fuels. On May 17 thousands of investors will be at the Chase annual shareholder meeting, and they’ll have a chance to vote on a climate resolutions calling for an end to …
Last year, Bank of America committed to achieving “net zero emissions by 2050.” And earlier this month, they announced 2030 targets to reduce the emissions “intensity” from its investments. But the truth is that between 2016 and 2021, Bank of America provided $232 billion in lending and underwriting to the fossil fuel industry. That makes …
Read more “Show up to tell Bank of America to stop banking on pollution and climate chaos.”
*Update* For the next eight weeks we’re taking the fight to the shareholder meetings of every major US bank and several major insurance companies. This is a real opportunity for change, because every single shareholder meeting will have a vote on whether or not to end support for fossil fuel expansion. If you want to …
Read more “Wall Street’s Moment of Truth: Defund Climate Chaos”
Last year, every major US bank committed to achieving “net zero emissions by 2050.” But those same banks are continuing to fund the expansion of the fossil fuel industry. One of the most egregious examples of fossil fuel expansion is happening in St. James, Louisiana, where Formosa Plastics is trying to build a massive new …
Since the Paris Agreement was signed, Wall Street banks have loaned nearly $1.2 trillion to the fossil fuel industry. That money isn’t coming from the government, or from rich investors — it’s coming from regular customers with bank accounts and credit cards just like you and me. Now, customers like you and me are fighting …
Read more “Become a customer for climate justice and bank on action, not on climate change”
State and local pension funds – the retirement savings of people like firefighters, teachers and cops, among others – own most of the stock market, and are among the biggest investors in fossil fuels. If you add up all the pensions and public investments managed by cities, states and communities it’s hundreds of billions of …