Debunking JPMorgan Chase’s Misleading Claims from its 2023 Letter to Shareholders JPMorgan Chase CEO Jamie Dimon’s annual letter to shareholders ahead of its annual general meeting is a masterclass in myths about what banks can and should do to reduce climate change and secure their bottom lines. 1. There’s a trade-off between climate action and …
AGM Season & the Reemergence of Common Bank & Climate Myths Read More »
QUARTZ by Tim McDonnell Banks Can’t Stomach Genuine Climate Targets A Much-Lauded Climate Alliance for Financial Institutions Launched a Year Ago is Already Falling Apart  At last year’s COP26 climate summit in Glasgow, one number grabbed a lot of headlines: $130 trillion, the sum total of assets managed by global financial institutions that had committed …
Wall Street Banks Weaken the Top Climate Authority for Banks Read More »
JPMorgan, Bank of America, Morgan Stanley and Other Big Banks Weaken the World’s Top Climate Authority for Banks with Cascading Consequences for Clients The Net-Zero Banking Alliance’s decision to overrule science-informed membership requirements allows banks to continue benefiting from the reputational advantages of their net-zero commitments without accountability for ending the fossil fuel policies that …
Wall Street Banks Weaken the Top Climate Authority for Banks Read More »
BankFWD Responds to the Supreme Court’s Ruling on EPA vs West Virginia The EPA’s Clean Power Plan would have given the financial sector a powerful lever to hold the fossil fuel and energy companies in their portfolios accountable for meeting critical energy transition milestones. Tweet June 30, 2022 The Supreme Court’s decision to severely limit …
11-30-2021 — On November 29th, First Republic Bank became the first large US bank to announce a commitment to ending all lending to fossil fuel companies, the only one of the US’ 25 largest banks to do so. This commitment marks a watershed moment for large banks’ climate action and establishes the important precedent that …
Founded by members of the Rockefeller family, BankFWD’s mission is to accelerate the transition to a just, zero-carbon economy in line with the 1.5° target of the Paris Climate Agreement.
For more information, please write:
team@bankfwd.org
Copyright 2020 BankFWD. All Rights Reserved.
BankFWD is a fiscally-sponsored initiative of the Sustainable Markets Foundation 501(c)3.Â
