Tell Chase it needs to do more for people and planet.

 

In February 2020, JPMorgan Chase announced a fossil fuel policy that rules out funding for coal plants, and for for oil and gas in the Arctic. This is a big step forward from the world's biggest banker of fossil fuels. 

But this campaign is far from over: Chase has for decades financed fossil fuel companies that have violated Indigenous rights, destroyed rainforests, endangered species, and wreaked havoc on the climate. It now needs to respond to the climate crisis on a scale equal to the damage it has done. Chase must immediately stop financing tar sands mines and pipelines, and stop financing any companies that are building new fossil fuel infrastructure. 

Sign this petition to Chase CEO Jamie Dimon telling him to #DefundFossilFuels.

Dear Mr. Dimon,

Chase’s recent announcements on climate are a major step forward in efforts to get the finance sector to accept its responsibility for financing the climate crisis, and to use its leverage to greatly accelerate the clean energy transition.

But according to the IPCC’s special report on 1.5°C, we have just ten years to halve emissions in order to stave off the worst effects of the climate crisis. Given this urgency, it is unacceptable that JPMorgan Chase is continuing to pour tens of billions of dollars into dirty fossil fuel projects and companies. Moreover, your continued support for companies building fossil fuel projects frequently comes despite strong Indigenous and grassroots opposition — like in the case of the Line 3 tar sands pipeline in Minnesota and the Coastal GasLink pipeline across Wet'suwet'en territory in British Columbia.

Your bank remains the world’s biggest banker of fossil fuels, and as CEO we have a set of clear demands for you: 

  • Close the loopholes in your restrictions on financing coal companies and fossil fuel infrastructure in the Arctic;
  • Stop financing tar sands extraction and pipelines;
  • Immediately end your funding for companies that are expanding fossil fuel extraction and transport;
  • Put in place a plan to phase out all support for fossil fuels on a timetable aligned with the Paris Agreement. 

Kind regards,