Chase Bank
Fossil fuel projects don’t just need governmental approval - they also need money. There's a private bank financing every fossil fuel project and therefore funding global heating and the destruction of Earth.
From Rainforest Action Network's Report: Banking on Climate Chaos 2022," Fossil fuel financing from the world’s 60 largest banks has reached USD $4.6 trillion in the six years since the adoption of the Paris Agreement…Overall fossil fuel financing remains dominated by four U.S. banks — JPMorgan Chase, Citi, Wells Fargo, and Bank of America — who together account for one quarter of all fossil fuel financing identified over the last six years.”
Chase Bank
More than any other bank in the world, JPMorgan Chase continues to choose profits over people and planet. Since Trump took office, Chase has quadrupled its investments in tar sands oil and increased financing of coal by over 2,000%.
Not only is Chase ignoring the limits of Earth, they also ignored the demands of their shareholders. In 2018, Chase blocked its shareholders from voting on a resolution that would have forced Chase to report on the financial and climate risks associated with continuing to invest in tar sands.
Chase Bank:
The worst banker of fossil fuels in the world.
Poured $382 billion into fossil fuels between 2016-2021.
Held the #1 spot as the worst banker of fossil fuels in 2016, 2017, 2018, 2019, 2020, and 2021.
Currently the worst U.S. banker of Artic oil and gas, ultra deep water offshore drilling, liquefied natural gas, and fracked gas.
Has no policies restricting finance to fossil fuel expansion.