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JPMorgan ChaseUnited States

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Last update: 2024-11-20 15:58:55
JPMorgan Chase's head office. Photo: eflon via Flickr (CC BY 2.0)

Active

This profile is actively maintained
Last update: 2024-11-20 15:58:55
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About
Website http://www.jpmorganchase.com
Headquarters
270 Park Avenue
10017-2070 New York
United States
CEO/chair Jamie Dimon
CEO & Chairman
Supervisor
Federal Reserve
Ownership
listed on London Stock Exchange, NYSE & Tokyo Stock Exchange

JPMorgan Chase's shareholder structure can be accessed here.

JPMorgan Chase is one of the Big Four Banks of the United States (along with Bank of America, Citigroup and Wells Fargo). The bank was formed in 2000 when Chase Manhattan Corporation acquired J.P. Morgan & Co and is headquartered in New York City. JPMorgan Chase operates in more than 60 countries. The bank offers investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity.

Sustainability
Commitments
Policies
Voluntary standards

JPMorgan Chase's most important sustainability commitments can be found at the website sections listed below.

Links

Environmental, Social and Governance

Initiatives

Sustainability

Our approach to our sustainable development target

Bank policy
2024-04-16 00:00:00 | JPMorgan Chase

Human rights

Date listed represents date as accessed on website
Bank policy
2024-02-13 00:00:00 | JPMorgan Chase

2022 Climate Report

Bank policy
2022-12-22 00:00:00 | JPMorgan Chase

Modern slavery and human trafficking statement

Bank policy
2021-12-31 00:00:00 | JPMorgan Chase

Environmental and social policy framework

Bank policy
2021-10-08 00:00:00 | JPMorgan Chase

Paris-aligned financing commitment

Bank policy
2020-10-06 00:00:00 | JPMorgan Chase

Code of conduct

Bank policy
2018-06-30 00:00:00 | JPMorgan Chase

Modern slavery act transparancy statement

Bank policy
2017-12-31 00:00:00 | JPMorgan Chase

Supplier Code of Conduct

Bank policy
2016-10-28 00:00:00 | JPMorgan Chase

Environmental and social risk assessment policy

Bank policy
2011-04-06 00:00:00 | JP Morgan Chase
JPMorgan Chase has committed itself to the following voluntary standards:
Business Environmental Leadership Council (BELC)Tags:
Carbon PrinciplesTags: carbon | climate change | greenhouse gas emissions
Extractive Industries Transparency InitiativeTags: oil and gas | mining and processing | transparency
Global Reporting InitiativeTags: sustainable development | human rights
Green Bond PrinciplesTags: bond issuance | investment | sustainable development
International Hydropower AssociationTags: energy plants | dams
Net-Zero Banking Alliance (NZBA)Tags: climate change | corporate social responsibility | energy | energy plants
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
RSPO Principles and Criteria for Sustainable Palm Oil ProductionTags: agriculture | commodities
Soft Commodities CompactTags: Deforestation | forest
Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance
Taskforce on Nature-related Financial Disclosures (TNFD)Tags: corporate social responsibility | finance
UN Guiding Principles on Business and Human RightsTags: United Nations | human rights
UNEP Finance InitiativeTags: United Nations | sustainable development
Wolfsberg PrinciplesTags: finance | corruption
World Business Council for Sustainable DevelopmentTags: sustainable development | corporate social responsibility
Dodgy Deals

JPMorgan Chase is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of JPMorgan Chase's link to these deals.

Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
Blog
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‘The land belongs to Mozambicans, not to France’

Two week long protest continues against TotalEnergies and its Mozambique LNG gas project for resettlement violations in Afungi Communities, Palma District, Cabo Delgado, Mozambique
2024-11-15 | Justiça Ambiental (JA!)/Friends of the Earth Mozambique
Blog
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Major ‘coal banks’ refuse to stop financing coal power boom in Asia

To stop a wave of new coal development across Asia, the End Coal Finance coalition is asking likely financiers to pledge not to back new coal power projects.
2024-11-14 | Nijmegen | BankTrack, Inclusive Development International, Recourse
Blog
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Banks ready to finance false solutions to the climate crisis

BankTrack’s new False Solutions Tracker, mapping bank definitions of renewables, finds that most banks include ‘false solutions’ within their sustainable/green finance targets.
2024-11-11 | Nijmegen | BankTrack
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Morgan Stanley lowers climate target, warns on sluggish transition

2024-10-25 | Reuters
Blog
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As the world chokes in plastic, banks continue to finance plastic production

New research reveals a lack of bank policies dealing with the impact of plastics on climate, nature and humans
2024-10-17 | Amsterdam | BankTrack, Plastic Soup Foundation, Profundo
Blog
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Major banks fueling biodiversity collapse by $395 billion since the Paris Agreement; Governments failing to reign in banks

New reports reveal escalating financing to destructive sectors and highlight the urgent need for financial sector regulations to achieve Global Biodiversity Goals
2024-10-16 | San Francisco | BankTrack, Amazon Watch, CED Cameroon, Friends of the Earth US, Milieudefensie, Profundo, Rainforest Action Network, Repórter Brasil, Sahabat Alam Malaysia, TuK Indonesia
Blog
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Sierra Club finds major US banks are climate laggards, recommends steps to meet net-zero commitments

Largest US banks committed to net-zero emissions by 2050, not yet on track to make it happen
2024-10-09 | Sierra Club
Blog
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New Net-Zero Banking Alliance report shows no progress towards reaching net zero

In its latest so-called “progress” report, the NZBA leaves substantial information regarding net-zero alignment out and only focuses on target-related outputs.
2024-10-08 | Nijmegen | BankTrack
Blog
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Energy supply financing ratios: the next milestone in banks’ climate strategy

The energy supply financing ratio is a key indicator that synthesizes two major challenges in limiting global warming to 1.5°C: the phase-out of fossil fuels and the development of sustainable alternatives.
2024-10-07 | Reclaim Finance
Blog
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Activists across the globe call on banks and investors to stop financing TotalEnergies

2024-10-02 | New York/Frankfurt/Paris | 350.org US, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Liveable Arlington
BankTrack news BankTrack blog Partner news Partner blog

Russian court freezes funds of US banks JP Morgan and Mellon

2024-10-02 | Reuters
Blog
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TotalEnergies and financial markets: Financial institutions engaged for decades of pollution

2024-09-30 | Reclaim Finance
Blog
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International NGOs call for immediate official investigation into reports of series of atrocities committed by Mozambican security forces near TotalEnergies’ Mozambique LNG premises

2024-09-27 | BankTrack, Friends of the Earth Europe, Friends of the Earth Japan, Friends of the Earth US, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, Milieudefensie, Reclaim Finance, ReCommon
Blog
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Banks must overhaul climate targets to deliver emissions cuts, new analysis finds

Reclaim Finance is urging banks to rethink their targets, and in particular to jettison the widely used “financed emissions” and “facilitated emissions” targets.
2024-09-19 | Reclaim Finance
Blog
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105 organizations demand banks stop financing industrial livestock production that fuels the climate crisis

Open letter by Friends of the Earth US to the three largest U.S. banks financing industrial livestock
2024-09-17 | Friends of the Earth US
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Activists to JPMorgan Chase, BofA, Citi: Stop lending to factory farms

A group of 105 climate change and animal welfare organizations has sent an open letter to the heads of sustainable finance at JPMorgan Chase, Bank of America and Citi, urging them to stop making loans and providing underwriting services to companies operating or involved with large factory farms.
BankTrack mentioned
2024-09-12 | American Banker
Blog
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BankTrack set to publish 2024 Global Human Rights Benchmark in November

50 of the world’s largest banks were invited to provide feedback on draft assessments of their human rights disclosures
2024-07-23 | Nijmegen, Netherlands | Giulia Barbos – BankTrack
Blog
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Gulf Coast residents and major organizations call on financial institutions to phase out financing of LNG projects in the Rio Grande Valley

“We will hold any financial institutions that choose to support these projects accountable for such impacts.”
2024-07-22 | New York City | Sierra Club
Blog
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Banks fail to substantially respond to communities impacted by ArcelorMittal on climate and human rights concerns

2024-07-18 | BankTrack, Fair Steel Coalition, Reclaim Finance, SteelWatch
Blog
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Pulp Fiction: the dystopian reality of the origin of your paper

A new report by Environmental Paper Network International debunks the story that paper is ‘green’ and ‘renewable’. Evidence piles up on the ecological and human impacts of the pulp expansion frenzy.  
2024-07-16 | Environmental Paper Network
Blog
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Environmental and Social policies of major Amazon oil and gas financiers fail to protect the Rainforest and its peoples

New report reveals that only one of the top six banks financing oil and gas extraction in the Amazon has an effective policy to protect the region
2024-06-11 | San Francisco (Chochenyo and Karkin Ohlone Lands) | Coordinating body of Indigenous Organizations of the Amazon River Basin (COICA), Stand.earth
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World’s top banks ‘greenwashing their role in destruction of the Amazon’

2024-06-11 | The Guardian
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Pressure grows on banks to end business with Indonesian coal giant Adaro

BankTrack mentioned
2024-05-28 | Mongabay
Blog
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Biggest banks finance more carbon pollution than emissions of Italy, Germany, France and UK combined

New report by ReCommon exposes carbon pollution financed by the world’s biggest banks ahead of G7 finance ministers meeting
2024-05-21 | Rome, Italy | ReCommon
Blog
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Banks financed fossil fuels by $6.9 trillion dollars since the Paris Agreement; $705 billion provided in 2023 alone; JPMorgan Chase, Mizuho, and Bank of America are worst 3 funders

Annual Banking on Climate Chaos report with an updated methodology offers comprehensive look at who’s bankrolling the climate crisis
2024-05-13 | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Top 6 U.S. Banks Financed Fossil Fuels with $1.8 trillion Since the Paris Agreement; Chase, Citi, & Bank of America Top the List Worldwide

BankTrack mentioned
2024-05-12 | Public now
Blog
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Strength in Unity: MarAmazonía Alliance takes on Petroperú at its largest refinery

A campaigner’s account of the groundbreaking MarAmazonía alliance meeting
2024-05-12 | Amazon Watch
Blog
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Banks fall for ArcelorMittal’s shiny claims and finance its dirty flames

Don’t be fooled by ArcelorMittal's “low carbon” sponsorship of the Olympic Games
2024-05-08 | Julia Hovenier – BankTrack
Blog
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Banks have not quit coal, 8 years after the Paris Agreement

Banks in China dominate global coal financing; those in Indonesia are outliers in having increased finance for coal since 2016
2024-05-03 | Nijmegen | Will O'Sullivan – BankTrack
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Citi, JPMorgan, Wells Fargo to face AGM challenges over indigenous rights impact

Shareholder proposals will demand greater transparency and adherence to international human rights standards
2024-04-26 | The Banker
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Russian court orders seizure of $440mn from JPMorgan

2024-04-25 | Financial Times
Blog
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New study: Financing for industrial livestock undermines U.S. banks’ climate commitments

Bank of America, Citigroup, and JPMorgan Chase responsible for more than half of the $134 billion in financing examined in the report
2024-04-10 | Washington D.C. | Friends of the Earth, Profundo
Blog
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Citi increases transparency, but fails to disclose clear net-zero transition plan

World’s second largest fossil fuel banker reveals most oil & gas clients not aligned with net-zero
2024-03-28 | New York | Sierra Club
Blog
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The banks financing dirty steel

The world’s major banks continue to support the largest and most polluting steel producers
2024-03-26 | Paris, France | Reclaim Finance
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Banks under pressure to reveal data comparing green and fossil fuel spending

Criticism sparks agreement by banks to develop a ratio showing whether a bank’s fossil fuel financing is outstripping the amount it is investing in clean energy
BankTrack mentioned
2024-03-25 | The Banker
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UK banks urged to end finance to company behind Rosebank oil field development

BankTrack mentioned
2024-03-20 | The Independent
Blog
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Banks financing company behind controversial Rosebank oil field despite climate pledges

HSBC, Lloyds, NatWest and BNP Paribas are financing major North Sea oil expander Ithaca Energy, despite pledges to stop propping up new fossil fuel projects
2024-03-20 | London | BankTrack, #StopRosebank
Blog
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Still butchering the planet

The big-name financiers bankrolling livestock corporations and climate change – 2024 update
2024-03-18 | London | Feedback
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Banks driving increase in global meat and dairy production, report finds

Financiers providing billion-dollar support for industrial livestock companies to expand leading to unsustainable rise in production
2024-03-18 | London | the Guardian
Blog
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New guidelines for Net-Zero Banking Alliance: too little, too late, too slow

The new guidelines for the Net Zero Banking Alliance leave too much latitude to its member banks not to achieve net-zero greenhouse gas emissions by 2050.
2024-03-14 | Nijmegen | BankTrack
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Major US banks leave global environmental and social standards group

JPMorgan Chase, Bank of America, Citi, and Wells Fargo have left the Equator Principles as the organization undergoes change, giving rise to questions about its future as a global standard and what the U.S. banks will do.
BankTrack mentioned
2024-03-06 | Devex
Blog
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We’re calling on banks to do their part to stop POSCOs coal expansion

Unless POSCO scraps its relining plans, banks should rule out future finance for the Korean steelmaker
2024-02-27 | BankTrack, Solutions for Our Climate
Blog
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Financiers warned of huge risks to communities and biodiversity as Rio Tinto approves world’s biggest mining project

2024-02-26 | Accra, Ghana and Nijmegen, Netherlands | BankTrack, Advocates for Community Alternatives (ACA)
Blog
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Major asset managers cave to disingenuous “anti-ESG” attacks, pull out of Climate Action 100+ Initiative

2024-02-15 | New York | Sierra Club
Blog
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Three years after attempted coup, international banks still ignore the junta’s violent capture of the Myanmar-China pipelines

2024-02-01 | BankTrack
Blog
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Coal Havens - Asia’s biggest banks still open for coal business after COP28

The largest banks in India and Indonesia – global hotspots of the coal industry's growth – have no coal exclusion policy
2024-01-23 | Will O'Sullivan – BankTrack
Blog
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POSCO is relining coal-based steel furnaces to prolong their lifetimes. This jeopardises its financiers' climate commitments.

Financiers of POSCO should be wary of capital expenditures that are misaligned with climate commitments
2023-12-18 | Julia Hovenier – BankTrack
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Wall Street Makes Zero Progress in Energy Finance Transition

The industry needs to get to a 4-to-1 ratio of clean energy versus fossil-fuel financing. At the end of last year, it was 0.73 to 1—little changed from 2021.
2023-12-14 | Bloomberg
Blog
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The NZBA’s 2023 Progress Update shows some member banks’ targets are not consistent with their commitments

2023-12-13 | Nijmegen | Quentin Aubineau – BankTrack
Blog
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67 organisations call on banks to cease financing metallurgical coal

Banks risk stranded assets & climate catastrophe in steel lending without metallurgical coal exclusions
2023-12-07 | Nijmegen | BankTrack, Reclaim Finance
Blog
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New report on ADNOC’s partners in climate chaos: Banks and fossil fuel majors

A new report on the Abu Dhabi National Oil Company (ADNOC) highlights its outsized oil & gas expansion
2023-12-05 | BankTrack, urgewald, LINGO, Reclaim Finance
Blog
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Major bank and investor policies accelerating forest destruction, biodiversity loss, climate chaos and rights violations

New analysis documents $307 billion flowing from big finance into forest-risk commodities driving massive tropical deforestation
2023-12-04 | BankTrack, Forests & Finance Coalition
Blog
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124 civil society organisations call on financial institutions to withdraw support for TotalEnergies’ Mozambique LNG project

2023-11-17 | BankTrack, and partners, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, Milieudefensie, Reclaim Finance, ReCommon
BankTrack news BankTrack blog Partner news Partner blog

Environmental groups urge funding halt for TotalEnergies' Mozambique project

2023-11-17 | Reuters
Blog
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The financial institutions behind the worst fossil fuel bonds in 2023

2023-11-16 | Reclaim Finance
Blog
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Sustainable power: banks must step up a gear

A new tracker launched today by 13 NGOs, including Reclaim Finance and BankTrack, reveals the biggest global banks do not have the basic policies and financing targets needed to support decarbonization of the power sector.
2023-10-24 | BankTrack, Bank on our Future, Beyond Fossil Fuels, Climate Action Network France, Finance Watch, Friends of the Earth France, Make My Money Matter, Rainforest Action Network, Reclaim Finance, ReCommon, ShareAction, Sierra Club, WWF
Blog
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Banks have no planned exit from coal for steelmaking

A new briefing from BankTrack calls on banks to urgently restrict finance for metallurgical coal
2023-10-10 | Julia Hovenier – BankTrack
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Pemex explota los fósiles con dinero de bancos internacionales

2023-09-22 | IPS
Blog
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New report and blog: Barclays' bond with Adani

For the sake of the climate, human rights - and for its own good - Barclays should cut ties with Adani after the company's recent scandals
2023-09-18 | BankTrack, The Sunrise Project
Blog
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The causes fueling the climate crisis are receiving 20 times more financing than the solutions, new groundbreaking report by ActionAid reveals

2023-09-04 | ActionAid
Blog
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New report: Major global banks are financing deadly US coal plants thanks to loopholes in their climate commitments

Banks continue to fund utility parent companies, despite policies to restrict loans to coal plants
2023-09-01 | Sierra Club
Blog
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Will US banks become the next target for activists fighting the Mountain Valley Pipeline?

2023-08-28 | BankTrack, 7 Directions of Service, Protect Our Water, Heritage, Rights (POWHR), Rainforest Action Network
Blog
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UN warns Aramco and its financiers over their role in driving climate-fuelled human rights violations

2023-08-26 | ClientEarth
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Decarbonization: steel not making the cut

Analysis by Reclaim Finance shows that few financial institutions have steel targets, and that those that have been adopted are riddled with flaws
2023-08-23 | Reclaim Finance
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A year and a half after Russia's invasion of Ukraine, Raiffeisen, UniCredit, and Citi profited the most among foreign banks in Russia

2023-08-07 | B4Ukraine
Blog
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New research shows eight major banks responsible for majority of US$ 20 billion in financing for oil and gas companies destroying the Amazon

Banks including JPMorgan Chase, Itaú Unibanco and Banco Santander financed deals directly traced to activities in Peru, Colombia, Brazil and Ecuador
2023-07-25 | Belem, Brazil | Stand.earth
Blog
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New report: US banks’ role in capital markets reveals a hidden pipeline for fossil fuel financing

Wall Street banks quietly raise billions for polluting companies through underwriting activities
2023-07-24 | New York | Sierra Club
Blog
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Investing in Bitcoin’s climate pollution

Greenpeace USA’s groundbreaking report exposes BlackRock, Fidelity, Vanguard, Citigroup, JPMorgan Chase, Goldman Sachs, Visa, Mastercard, and American Express for ignoring the climate catastrophe caused by their Bitcoin investments and products.
2023-07-11 | Greenpeace USA
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Dozens of banks urged not to finance Rosebank oil and gas field

More than 60 organisations have jointly issued a cautionary message to Equinor's primary banking partners, advising against financing the Rosebank oil field on climate grounds.
BankTrack mentioned
2023-07-10 | edie
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Banks warned over financing of Rosebank's developer

A decision on the potential approval of the controversial oil field off Shetland is expected imminently
BankTrack mentioned
2023-07-05 | Insider
Blog
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Banks committed to net zero still funding North Sea oil expansion by Equinor

Over 60 organisations have written to Equinor's biggest bankers warning them not to fund the company's controversial Rosebank oil field due to climate risks.
2023-07-04 | BankTrack
Blog
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US banks and climate-related policy: How the sector engages on sustainable finance and real economy climate policies

New report from InfluenceMap
2023-06-29 | InfluenceMap
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One silver lining in otherwise disappointing shareholder season at big US banks

Unprecedented levels of support for proposals calling on banks to disclose how they plan to meet their climate commitments
2023-06-09 | Sierra Club
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European banks have a dirty climate secret – but a new initiative could make them come clean

Banks are keeping most of their fossil fuel financing off the books
2023-06-02 | ShareAction
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Philippines communities are fighting back against gas & LNG build-out in the Verde Island Passage

The region has been designated to become the epicenter of fossil fuel expansion in Southeast Asia
2023-05-25 | BankTrack, Center for Energy, Ecology, and Development (CEED), Rainforest Action Network
Blog
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Financing mining for transition minerals in South Africa: Are banks doing enough on human rights?

New briefing finds banks linked to companies extracting transition minerals are overlooking serious human rights and environmental concerns
2023-04-26 | Business & Human Rights Resource Centre
Blog
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Cash, Cattle and the Gran Chaco: How financiers turned a blind eye to Paraguay’s deforestation crisis

2023-04-17 | Global Witness
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Wall Street’s biggest banks failing key ESG test in fresh study

JPMorgan, BofA, Citi are listed as falling short in analysis. Study also singles out Goldman, Morgan Stanley and Wells Fargo
2023-04-13 | Bloomberg
Blog
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New report: Canadian bank RBC the #1 financier of fossil fuels, world’s biggest banks continued to pour billions into fossil fuel expansion

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
2023-04-13 | San Francisco | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
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Global banks pledged to cut emissions – but still invest billions in US gas exports

Many banks promised to work toward net-zero emissions – but their targets explicitly exempt liquefied natural gas projects
2023-04-06 | The Guardian
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Climate resolutions on tap for bank shareholder season

Activist stakeholders are ramping up pressure on big lenders to curb fossil fuel lending.
2023-04-05 | Climate Wire
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Who dares to finance Eni and Exxon’s dangerous Rovuma gas plans in Mozambique?

Two banks made clear they will avoid financing Rovuma LNG, but plenty remain in the frame.
2023-03-20 | BankTrack, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, ReCommon
Blog
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Mozambique shows how JPMorgan Chase and other banks back war and climate chaos

New Banking on Climate Chaos case study
2023-03-16 | BankTrack, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Rainforest Action Network
Blog
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Global Witness calls on financiers to stop bankrolling rainforest beef, after official audit reflects findings about JBS

2023-03-14 | Global Witness
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These ‘Net-Zero’ Banks Are Still Pretty Big on Big Oil

A BloombergNEF study reveals how energy financiers that pledged to move away from fossil fuels are way behind.
2023-03-01 | Bloomberg
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Just 7% of global banks' energy financing goes to renewables, new data shows

Major global banks are standing in the way of climate targets with new data showing just 7% of their financing for energy companies went to renewables between 2016 and 2022
2023-01-24 | BankTrack, Fair Finance International, Rainforest Action Network, Sierra Club, The Sunrise Project
Blog
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New report reveals the 40 financial institutions funding the world's climate-changing methane problem

A new report by Planet Tracker and Changing Markets reveals the top financial institutions funding the world’s biggest methane producers, and the role they can play in turning the tide on global heating.
2023-01-17 | London | Changing Markets, Planet Tracker
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Throwing fuel on the fire: GFANZ members provide billions in finance for fossil fuel expansion

2023-01-17 | Paris, France /Nijmegen, Netherlands | BankTrack, Reclaim Finance
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The number of major banks refusing to support EACOP reaches 24

2022-12-31 | BankTrack
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JPMorgan announces new climate targets covering aviation, cement

2022-12-22 | Bloomberg
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Qatar’s gas output increase could cause catastrophic global heating, report says

If Qatar exploits all its reserves it will add 50bn metric tons of CO2 to atmosphere, more than entire annual emissions of whole world
BankTrack mentioned
2022-12-08 | The Guardian
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Exposed: Western banks funding Qatar’s carbon bombs

US$ 20 trillion estimated damage linked to massive gas expansion by hosts of 2022 World Cup
2022-12-08 | Henrieke Butijn – BankTrack
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Right-wing attack on sustainable finance is the latest form of climate denial

Don’t believe the hype about “woke capitalism”
2022-12-08 | Washington, DC | Ben Cushing, Sierra Club
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New human rights assessment of banks shows slow progress and lack of action to address key gaps on reporting and remedy

BankTrack’s 2022 Global Human Rights Benchmark finds reporting at a standstill, remedy still lacking and no clear leaders
2022-11-17 | BankTrack
Blog
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NGOs reveal the companies and financiers behind fossil fuel expansion in Africa

2022-11-15 | Berlin / Sharm El-Sheikh | BankTrack, urgewald, 350.org Africa, Africa Coal Network, Oilwatch Africa
Blog
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These U.S. banks are financing climate chaos through fossil fuel expansion

An overview of RAN's new report, Wall Street’s Dirtiest Secret: How fossil fuel expansion depends on big bank finance
2022-11-10 | Rainforest Action Network
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JPMorgan Chase and 5 other U.S. megabanks behind one-third of global funding to expand coal, oil and gas

Potential emissions from already developed fields take the world well past 1.5°C of warming, Rainforest Action Network says
2022-11-09 | MarketWatch
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Major banks support rainforest oil project despite problems

BankTrack mentioned
2022-11-04 | London | AP
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Major banks support rainforest oil project despite problems

2022-11-04 | London | Washington Post/ Associated Press
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Leaders or laggards? Report analyzes net-zero pledges of US banks

Commitments, actions from 6 biggest banks fall far short of what’s needed for global climate goals
2022-11-02 | New York | Sierra Club
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Bank financiers of harmful wood biomass have no policies addressing impacts, shows new study

A briefing from BankTrack details impacts of the wood biomass industry and calls on banks to exclude sector from finance
2022-10-21 | BankTrack
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Global bank policies ‘dangerously inadequate’ to prevent financing of deforestation, climate chaos and human rights abuses

As the climate and biodiversity crisis intensifies, credit to forest-risk commodity companies increased 160% between 2020 and 2021.
2022-10-18 | Forests & Finance Coalition
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Banks Try Quiet Quitting on Net Zero

Last year’s enthusiasm for GFANZ turns into anxiety.
2022-10-14 | Bloomberg
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Opacity and accountability: the hidden financial pipelines supporting new coal

2022-10-13 | San Francisco, CA | Global Energy Monitor
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Banks in Russia now have to help with conscription: Those who stay could be complicit in war crimes

2022-10-11 | Lorena Bisignano – BankTrack, Ryan Brightwell – BankTrack
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Advocacy groups urge global asset managers to align with UN net zero guidelines

Letter calls for Net Zero Asset Managers Initiative to require members to meet latest Race to Zero criteria on net zero, including for financed emissions
2022-10-07 | Washington, DC | BankTrack, Sierra Club
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US banks under scrutiny in Congress over continued business with Russian oil and gas

2022-09-22 | Razom We Stand
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US banks threaten to leave Mark Carney’s green alliance over legal risks

2022-09-21 | London, UK | Financial Times
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US banks: Financing coal expension, ignoring climate emergency

2022-09-19 | Reclaim Finance
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Banks have Ukrainian blood on their hands

Citi is not alone. Together with JPMorgan Chase, HSBC, and Crédit Agricole, it collectively provided more than 12 billion dollars of loans for Russian oil and gas companies in the run up to Russia's full scale military invasion.
2022-09-07 | Svitlana Romanko, Razom We Stand
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UK and US banks among biggest backers of Russian ‘carbon bombs’, data shows

Ukrainian campaigners call for immediate end to investments, to cut funds to war and help avoid climate breakdown
2022-08-24 | The Guardian
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Indigenous Australians to investors: Dump Adani Group

55 banks dropped direct financing of the Carmichael Adani Coal Mine - yet indirect investment keeps it afloat
2022-08-22 | Queensland, Australia | BankTrack, Rainforest Action Network, TippingPoint Australia, Wangan and Jagalingou Nagana Yarrbayn Cultural Custodians
Blog
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Adani Group (financed by JP Morgan, MUFG, HSBC, BlackRock) is running an enormous fossil fuel project in Australia, violating Indigenous Rights

2022-08-22 | BankTrack, Rainforest Action Network, TippingPoint Australia, Wangan and Jagalingou Nagana Yarrbayn Cultural Custodians
Blog
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Jackdaw shows once again Shell is failing on climate. So why are its bankers failing to act?

2022-07-19 | The Hague, The Netherlands | Sumeyra Arslan – BankTrack
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Banks have arranged US$2.7 trillion in bonds for fossil fuel companies

2022-07-12 | Australia | The Sunrise Project
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As peak hurricane season looms, banks bolster cozy relationship with fossil fuel industry

2022-07-12 | Louisiana, USA | Louisiana Illuminator
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Global banks ignore Amazon's indigenous voices at their peril

2022-06-23 | Reuters
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Banks and financiers back beef giant JBS to the tune of almost $1bn despite links to widespread deforestation, land grabbing and slave labour in the Amazon

2022-06-23 | Brazil | Global Witness
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New report: Despite ‘no deforestation’ rhetoric, major brands and banks failing to stop deforestation and human rights abuses

Annual analysis reveals that as threats facing Indigenous communities in rainforest regions increase, demand-side companies are failing to reform supply chains
2022-06-14 | Rainforest Action Network
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What’s next in the growing movement to push banks on climate action?

Surveying the financial landscape as AGM season winds down in the US
2022-06-06 | Sierra Club
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Climate groups call on Shell’s bankers to stop Jackdaw gas field

UK government’s regulatory approval opens the door for Shell to move ahead with the Jackdaw field
2022-06-03 | BankTrack
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Seven financiers abandon TotalEnergies' EACOP pipeline in a week

Marsh McLennan revealed as insurance arranger as total number of banks steering clear grows to 20
2022-05-20 | Africa | BankTrack, #StopEACOP
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Marsh revealed in oil pipeline project shunned by leading banks and insurers

World’s largest broker takes on role of finding insurance despite protest from staff
2022-05-19 | FT
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Big investors fail to hold Chase accountable on climate, but activists applaud levels of support ‘difficult to ignore’

2022-05-17 | New York | Sierra Club
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12 banks lend $8 billion to oil and gas expansionist TotalEnergies

2022-05-13 | Reclaim Finance
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Carney and Bloomberg must show leadership to stop GFANZ dithering

Only five major GFANZ members have any restrictions on financing new oil and gas supply
2022-04-21 | Paris | BankTrack, urgewald, Climate Action Network International, Reclaim Finance, ReCommon
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This shareholder season, big banks are feeling the heat on climate

2022-04-19 | Sierra Club
Blog
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Gulf Coast communities fighting the massive buildout of fracked gas exports

A Banking on Climate Chaos 2022 case study
2022-04-05 | BankTrack, Rainforest Action Network, Sierra Club
Blog
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NGOs reveal top international companies, banks, and investors that fuel Russia's war machine

2022-04-04 | Berlin | urgewald, Ecodefense
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Investors ask banks to rethink funding fossil fuel projects, including Line 3

Banks are under pressure from investors to match corporate practices with their environment and social statements * Updated
2022-03-31 | IndianCountryToday
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New report: Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
2022-03-30 | San Francisco, Bemidji, Nijmegen, Oakland, Paris, Sassenberg, Washington DC | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club, Urgewald
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Largest U.S. banks to face shareholder votes on climate change

2022-03-29 | American Banker
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Finance and Climate Change report

A comprehensive climate assessment of the world's largest financial institutions
2022-03-28 | InfluenceMap
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British MPs urge global banks to close Russian offices ‘without delay’

Labour’s Margaret Hodge says banks including Deutsche Bank, HSBC, JP Morgan and Credit Suisse have ‘moral duty’ to exit quickly
BankTrack mentioned
2022-03-06 | The Guardian
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Climate Groups Press Banks, Asset Managers to Sever Russian Ties

The activists are referring to the financiers as the “Putin 100.”
2022-03-04 | Bloomberg Green
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Finance sector has moral imperative to exclude Russian fossil fuel firms

Financial institutions most exposed to Russian oil, gas and coal should stop propping up Putin’s illegal war on Ukraine
2022-03-03 | Paris | Reclaim Finance
Blog
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At least $132 billion in finance for fossil fuels is locking Africa out of a Just Transition, shows new report

African countries kept in fossil fuel stranglehold by Overseas money
2022-03-03 | BankTrack, 350.org Africa, AFIEGO, Africa Coal Network, Alerte Congolaise pour l’Environnement et les Droits de l’Homme (ACEDH), Alliance for Empowering Rural Communities (AERC), Centre for Alternative Development (CAD), Environment Governance Institute (EGI), Friends of the Earth Ghana, Friends of the Earth Mozambique, Friends of the Earth Togo, Innovation for the Development and Protection of the Environment (IDPE), Laudato Si, Lumière Synergie pour le Développement (LSD), Milieudefensie, Oil Change International, Save Okavango (SOUL), Solidarité pour la Réflexion et Appui au Développement Communautaire (SORADEC), Synergie de Jeunes pour le Développement et les Droits Humains (SJDDH), Women Environmental Programme Nigeria, WoMin, Zimbabwe Environmental Law Association (ZELA)
Blog
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Russia has become an overnight pariah. Banks should take rapid action to divest.

European and US banks like JPMorgan, Citi, UniCredit and Deutsche Bank have been recent supporters of Russian oil, gas and coal
2022-03-02 | Ryan Brightwell – BankTrack
Blog
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Top U.S. institutions are financing Russia war chest

Stand.earth research shows billions from BlackRock, Vanguard and others invested in Russian oil and gas
2022-03-01 | Traditional Lummi and Nooksack Land and Unceded and Coast Salish Territories (BELLINGHAM, WA) | Stand.earth
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Who is still financing the global coal industry?

New research reveals banks and investors behind the world’s worst climate offenders
2022-02-15 | Berlin | Urgewald
Blog
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Who will finance the East African Crude Oil Pipeline?

Fifteen banks are out, but who is in? JPMorgan, Deutsche Bank, MUFG and Natixis are among those with questions to answer.
2022-02-10 | Ryan Brightwell – BankTrack
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Wet’suwet’en hereditary chief takes fight against Coastal GasLink all the way to the banks

2021-12-20 | National Observer
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Banks failing to address severe human rights impacts transparently, finds BankTrack research

Findings reinforce the need for regulators to ensure access to effective remedy for people affected by bank finance
2021-12-14 | Nijmegen | BankTrack
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New Report: US banks and investors responsible for roughly the emissions of Russia

CAP and Sierra Club look at “financed emissions” to offer novel view of Wall Street's carbon footprint
2021-12-14 | Washington | Sierra Club
Blog
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Total’s deal with Suriname: the greenwashing of oil Block 58

Will this be the final red flag for the oil major’s financiers?
2021-11-24 | Maaike Beenes – BankTrack
Blog
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Glasgow wrap-up: updates from banks and civil society at COP26

With COP26 behind us, it’s as clear as ever before that banks must act urgently to help achieve the goal of limiting global warming to 1.5 C.
2021-11-17 | Nijmegen | BankTrack
Blog
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Climate groups call out banks lobbying for watered down Net Zero Commitments

Stop the Money Pipeline organizations respond to news that on behalf of a group of 12 banks, HSBC lobbied Mark Carney’s GFANZ to scrap mandatory science-based targets and delay a deadline.
2021-11-09 | New York | BankTrack, Stop the Money Pipeline
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JPMorgan Chase : Forget Net-Zero, We Need To Be Net-Negative

What is driving the sustainability agenda? Here, J.P. Morgan's Regional Head of UK, Channel Islands & Ireland Private Bank Oliver Gregson, who we were pleased to have as a keynote speaker at our Sustainable Finance Week event earlier this year, shares his view.
2021-11-09 | MarketScreener
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Meet the banks funding the owners of the Cambo oil field

New research shines a spotlight on the banks backing Shell and Siccar Point Energy
2021-10-29 | #StopCambo
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Equator Banks involved in financing at least 200 fossil fuel projects since Paris

BankTrack research sheds new light on finance for fossil fuels by Equator banks
2021-10-26 | BankTrack
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Top global banks and investors made an estimated USD 1.74 billion in income since Paris Climate Agreement from deals with agribusinesses linked to destruction of climate-critical forests and human rights abuses

2021-10-21 | Global Witness
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Wet'suwet'en chiefs demand investors and financiers of Coastal Gaslink to divest from this and all future pipeline projects

Indigenous-led campaign, endorsed by 100+ groups, urges global investors and banks to divest from and stop financing Coastal GasLink and LNG Canada
2021-10-19 | Unceded xʷməθkʷəy̓ əm, Sḵwx̱wú7mesh and səlilwətaɬ territories (Vancouver, Canada) | Gidimt
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Banks due at UK’s ‘Green’ Investment Summit ‘financed £700 billion in fossil fuels since Paris Agreement’

Citi, JPMorgan and Barclays among “world’s biggest financiers” of oil, gas and coal at government summit on green future.
2021-10-18 | DeSmog
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‘Wreckers of the Earth’: 300 London-based companies destroying the planet

2021-10-14 | Corporate Watch
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JPMorgan Joins Net-Zero Bank Alliance With Emissions Pledge

2021-10-08 | Bloomberg
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JPMorgan Chase, world’s biggest funder of fossil fuels, announces net-zero emissions pledge

2021-10-08 | Rainforest Action Network, Sierra Club
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JPMorgan Chase strengthens palm oil policy, but fails to move on fossil fuels, rights, or deforestation more broadly

Urgent action needed on climate and human rights, but fossil fuel’s biggest banker largely maintains business as usual
2021-10-04 | Rainforest Action Network
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Stop the Money Pipeline launches Customers for Climate Justice

A new program by Stop the Money Pipeline
2021-09-30 | Stop the Money Pipeline
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Banks and investors pouring billions into Arctic oil & gas bonanza despite climate pledges – report

How banks, investors and insurers are driving oil and gas expansion in the Arctic
2021-09-23 | Paris | Reclaim Finance
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Fossil Banks No Thanks demands banks commit to end fossil fuel finance before Glasgow Climate Summit

210+ groups support urgent call to action
2021-09-23 | BankTrack
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Pulp mill in Sumatra connected to fires and respiratory illness plans to triple production

2021-08-25 | Environmental Paper Network
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Climate change could cause the next great recession, the Biden administration can prevent it

2021-08-25 | Ben Cushing, Sierra Club
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Deutsche Bank, JPMorgan and Standard Chartered break promise and loan US$1 billion to Adani coal miner

2021-08-20 | Market Forces
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Forests & Finance Coalition warns foreign investors about the risk of the anti-environment agenda in the Brazilian Congress

2021-08-19 | Forests & Finance
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New bank links to Myanmar junta and atrocities found

19 international banks together invest over US$65 billion in shares of companies with ties to the Myanmar military junta
2021-07-28 | BankTrack, Justice For Myanmar
Blog
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Report: Global banks fail for financing, investment in oil & gas in Amazon rainforest

Banks remain highly exposed to risk of fueling corruption, human rights violations, and environmental harms despite commitments
2021-07-08 | San Francisco | Amazon Watch, Stand.earth
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Formosa’s new St. James project is the real pest

2021-07-07 | The Big Easy
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USD 4.2tn investors call on leading banks to strengthen climate ambitions before COP26

Investors including Fidelity International and M&G Investments call on banks to demonstrate their climate credentials by committing to phase out coal finance before COP26
2021-07-07 | London | ShareAction
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Dear bank CEO, you are cordially invited to defund this pipeline

Anti-oil activists are turning their focus on fossil fuel funding, aiming to stop the flow of money for good.
2021-07-01 | Bloomberg Green
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The Chain: Less Rainfall Caused by Amazon Deforestation Could Lead to Almost $200B in Losses for Beef and Soy Sectors

2021-06-10 | Chain Reaction Research
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World’s 50 largest banks and investors driving deforestation through weak policies and major investments, new study finds

Top investors BlackRock, Vanguard, State Street, PNB, EPF, GPIF, and KWAP all amongst lowest scoring
2021-06-08 | Forests & Finance
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Intl banks asked to suspend investments linked to Myanmar junta

BankTrack mentioned
2021-05-27 | La Prensa Latina Media
Blog
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Nine international banks invest over US$24 billion in companies linked to Myanmar regime and atrocities

Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, JPMorgan Chase, UBS, Credit Suisse, Morgan Stanley, Bank of America, Wells Fargo and BNP Paribas among the top banks investing in companies linked to the Myanmar military junta
2021-05-27 | BankTrack, Justice For Myanmar
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စစ်ကောင်စီနဲ့ဆက်စပ်တဲ့ ကုမ္ပဏီ ၁၈ ခုမှာ နိုင်ငံတကာဘဏ် ၉ ခု ပါဝင်ပတ်သက်နေ

(In Burmese) Nine international banks are involved in 18 companies affiliated with the military council
2021-05-27 | Radio Free Asia
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Banks called upon to take action to protect biodiversity ahead of UN Biodiversity Conference in Kunming

Civil society organizations urge banks to adopt stringent “No Go” policy for biodiversity rich areas
2021-05-26 | Nijmegen | BankTrack
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JPMorgan Chase Just Became the World's Most Dangerous Bank

2021-05-24 | Common Dreams
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Revealed: Businesses and banks behind global plastic waste crisis

Just 20 companies produce over 50 per cent of all single-use plastic - Top financial institutions enabling plastic waste identified
2021-05-18 | Minderoo Foundation
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JPMorgan: bad on football, worse on climate

2021-05-17 | Reclaim Finance
Blog
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JPMorgan Chase 2030 climate targets a “fig leaf for fossil fuel expansion,” says Rainforest Action Network

2021-05-13 | Rainforest Action Network
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These Activists are Disrupting the Dollars of the Line 3 Pipeline

There is a steady drumbeat of resistance that stands behind the frontlines of Line 3.
2021-04-16 | Rainforest Action Network
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JPMorgan Chase expanding deforestation policies under shareholder pressure

2021-04-15 | Mongabay
Blog
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New report details the gendered and racial impacts of the fossil fuel industry in North America and complicit financial institutions

2021-04-14 | San Francisco Bay Area, California | WECAN
Blog
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More than half of Europe’s bank directors too compromised to end fossil fuel finance

2021-04-07 | DeSmog
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Big banks’ trillion-dollar finance for fossil fuels ‘shocking’, says report

BankTrack mentioned
2021-03-24 | The Guardian
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Climate Chaos: NGOs Name Top Banks Who Put $3.8 Trillion Into Fossil Fuels

BankTrack mentioned
2021-03-24 | Forbes
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60 largest banks in the world have invested $3.8 trillion in fossil fuels since the Paris Agreement

2021-03-24 | CNBC
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Big Banks Are ‘Fueling Climate Chaos’ By Pouring Trillions Into Oil, Gas And Coal

2021-03-24 | HuffPost
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The biggest banks have poured $3.8 trillion into fossil fuels since 2016. JPMorgan tops the list of contributors, report says

2021-03-24 | Business Insider Australia
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Banking on Climate Chaos 2021: World’s 60 largest banks have poured USD 3.8 trillion into fossil fuels since Paris Agreement

Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016
2021-03-24 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Big banks make a dangerous bet on the world’s growing demand for food

While banks and asset managers are promising to divest from fossil fuels, they are expanding investments in high-carbon foods and commodities tied to deforestation.
2021-03-07 | Inside Climate News
Blog
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Over 260 organisations call on banks not to finance Total’s East African Crude Oil Pipeline

With a final investment decision nearing, African and International organisations warn banks against joining $2.5 billion loan for a “manifestly irresponsible” project • New stopeacop.net campaign website launched.
2021-03-01 | International | BankTrack, 350.org Africa, AFIEGO, Inclusive Development International, IUCN NL
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Banking beyond deforestation

How the banking industry can help halt and reverse deforestation
2021-01-18 | Cambridge Institute for Sustainability Leadership
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Bank lending to plastics industry faces scrutiny as pollution concerns mount

2021-01-07 | Reuters
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Big banks lead SBI bond despite Adani controversy

2021-01-06 | Global Capital
Blog
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Five years since the Paris Agreement, are banks' 2050 pledges enough to reign in fossil fuel finance?

How the year's 'Paris-alignment' moves stack up against the measures needed to tackle the climate crisis
2020-12-12 | BankTrack
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Five years lost - How the finance industry is blowing the Paris carbon budget

2020-12-10 | Paris | urgewald, Center for Energy, Ecology, and Development (CEED), Friends of the Earth US, Rainforest Action Network, Reclaim Finance, ReCommon
Blog
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Six years of the Soft Commodities Compact failed to slow bank finance for deforestation

New BankTrack research shows need for banks to move beyond certification requirements
2020-12-01 | Nijmegen | BankTrack
Blog
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Equator Banks fail communities on consultation and grievance mechanisms, new study finds

BankTrack research into nine projects financed ‘under Equator’ finds routine failures to conduct proper community consultation and a lack of effective project-level grievance mechanisms
2020-11-24 | Nijmegen | BankTrack
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Banks Funnelled Over USD 150 Billion Into Companies Driving Deforestation Since Paris Agreement, New Data Analyses Shows

2020-11-16 | Forests & Finance
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Brazilian and international banks financing global deforestation: Reports

2020-11-09 | Mongabay
Blog
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Barclays, HSBC and Credit Suisse among worst offenders on oil sands finance

ShareAction says Barclays has participated in 11 loan and bond deals to oil sands companies since its net zero announcement in March
2020-10-29 | London | ShareAction
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Banks lent $2.6tn linked to ecosystem and wildlife destruction in 2019 – report

Lack of policies regulating impact on natural world means finance industry effectively bankrolling biodiversity loss, analysis finds
2020-10-28 | The Guardian
Blog
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Bankrolling Extinction: The top 10 banks financing biodiversity loss

Report names HSBC, Bank of America, Mitsubishi Financial & others
2020-10-28 | portfolio.earth
Blog
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American financiers invested more than USD 18 billion in companies linked to Indigenous Rights violations in the Brazilian Amazon

2020-10-27 | Brasília, Brazil and Oakland, USA | Amazon Watch, Association of Brazil’s Indigenous Peoples (APIB)
BankTrack news BankTrack blog Partner news Partner blog

JPMorgan pledges to push clients to align with Paris Climate Agreement

The bank, long under pressure from climate activists, says lowering emissions can help a company attract capital and stay relevant
2020-10-06 | The Wall Street Journal
Blog
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JPMorgan Chase’s Paris announcement isn’t enough

JPMorgan Chase can’t be Paris aligned if it’s still funding fossil fuels
2020-10-06 | Stop the Money Pipeline
BankTrack news BankTrack blog Partner news Partner blog

Oil scions rally wealthy peers to press banks on climate

2020-10-02 | Politico.com
BankTrack news BankTrack blog Partner news Partner blog

Western banks provide billions in backing for firms driving tuna species to collapse

2020-09-28 | Unearthed
Blog
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Fracking Fiasco: The banks that fueled the U.S. shale bust

New report names Wells Fargo and JPMorgan Chase as main players pouring big money into troubled industry
2020-09-24 | Oil Change International, Rainforest Action Network
Blog
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Two sides of the same coin: How the pulp and paper industry is profiting from deforestation in the Amazon rainforest

2020-09-22 | Environmental Paper Network
Blog
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New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
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HSBC and JPMorgan Chase’s role in climate crisis makes them unworthy award winners, campaigners say

BankTrack mentioned
2020-09-18 | DeSmog UK
Blog
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Euromoney grants JPMorgan Chase and HSBC 'Awards for Excellence'

Civil society groups issue a letter in response
2020-09-16 | BankTrack, Fund Our Future UK
Blog
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Banks funnelled over USD 150 billion into companies driving deforestation since Paris Agreement, new data analysis shows

First-ever database reveals true scope of financing of forest-risk commodity companies, amidst global rainforest fires
2020-09-01 | San Francisco | BankTrack, Forests & Finance, Rainforest Action Network
Blog
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US banks are getting the message: Arctic drilling is bad business

2020-08-20 | Ben Cushing, Sierra Club
Blog
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Chase lends to fossil fuels companies — but not Black communities

2020-06-19 | Jamie Henn
BankTrack news BankTrack blog Partner news Partner blog

Where Banks Don’t Lend

In Chicago, lenders have invested more in a single white neighborhood than all the black neighborhoods combined. Call it modern-day redlining.
2020-06-03 | Chicago | WBEZ
Blog
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This shareholder season, investors are pushing Wall Street on climate action

2020-05-27 | Ben Cushing, Sierra Club
Blog
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JPMorgan Chase faces unprecedented vote against its financing of fossil fuels

2020-05-19 | 350.org, New York Communities for Change, Rainforest Action Network, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Saudi Aramco closes US$10bn loan

2020-05-12 | London | Reuters
Blog
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JPMorgan Chase demotes former Exxon CEO Lee Raymond from Board leadership role

2020-05-02 | New York | Stop the Money Pipeline
BankTrack news BankTrack blog Partner news Partner blog

Sustainable Finance Targets Matter More Than Ever: Three Lessons for Banks

2020-04-30 | Responsible Investor
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Major blow to Keystone XL pipeline as judge revokes key permit

Campaigners welcomed Wednesday’s ruling as a victory for tribal rights and environmental protection
2020-04-16 | The Guardian
Blog
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Stop the Money Pipeline: Private banks owning oil companies is a recipe for disaster

2020-04-10 | New York | Stop the Money Pipeline
Blog
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Reckless Keystone XL decision by TC Energy endorsed by JPMorgan Chase, Citi and Canadian peers

Big banks lead multi-billion dollar bond issuances days after company pushes pipeline forward amid global pandemic
2020-04-03 | San Francisco | 350 Seattle, Amazon Watch, Indigenous Environmental Network, Rainforest Action Network
Blog
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New report profiles major brands and banks driving deforestation and human rights abuses, failing to meet 2020 commitments

2020-03-31 | San Francisco | Rainforest Action Network
Blog
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Global finance sector failing to apply conservation criteria to pulp and paper funding

2020-03-21 | New York/Amsterdam | Environmental Paper Network
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Four US banks are the world's largest fossil fuel financers: analysis

BankTrack mentioned
2020-03-18 | The Hill
Blog
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Banking on Climate Change – Fossil Fuel Finance Report Card 2020

New report reveals global banks funneled USD 2.7 trillion into fossil fuels Since Paris Climate Agreement, with financing on the rise each year 
2020-03-18 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
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Pobladores/as se toman terrenos de Forestal Arauco en Laraquete

2020-03-12 | Resumen.cl
Blog
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Report: The five biggest financiers of new Amazon oil boom

BlackRock, Goldman Sachs, Citigroup, HSBC, and JP Morgan Chase defy their own commitments by backing dangerous oil and gas extraction in the western Amazon
2020-03-12 | Oakland, California | Amazon Watch
Blog
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Following Goldman Sachs and JPMorgan Chase announcements, Wells Fargo rejects funding for Arctic drilling

2020-03-02 | San Francisco | Sierra Club
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The Planet Is Screwed, Says Bank That Screwed the Planet

A report from two economists at JP Morgan Chase pushes back against traditional economic wisdom on climate change.
2020-02-25 | The New Republic
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How JPMorgan Chase Became the Doomsday Bank

The financial giant is the fossil-fuel industry’s biggest lender. Protesters hope a national campaign of civil disobedience will force it to change course
2020-02-24 | Rolling Stone
Blog
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JPMorgan Chase Coal and Arctic Policy a step forward but fails to match its climate responsibility as the world’s #1 Fossil Bank

2020-02-24 | Rainforest Action Network
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There’s an Oil Man on JPMorgan’s Board. Climate Activists Want Him Out

A shareholder group is trying to dislodge former Exxon boss Lee Raymond from the biggest U.S. bank.
2020-02-10 | Bloomberg
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Big businesses face pressure to avoid investing in areas Trump wants to develop

A dozen-and-a-half senators wrote letters to 11 of the largest U.S. banks asking them to back down from financing any oil and gas activity in an unspoiled expanse of Arctic wilderness.
2020-02-03 | The Washington Post
Blog
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Davos financial players pump US$1.4 trillion into fossil fuels: new Greenpeace report

Banks, insurers and pension funds are as culpable for the climate emergency as the fossil fuel industry - especially those at the World Economic Forum Annual Meeting
2020-01-21 | Greenpeace
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Climate groups turn up the heat on big banks, insurers

BankTrack mentioned
2020-01-13 | Politico
Blog
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Dozens take action at JPMorgan healthcare conference

Action follows Fire Drill Friday launch of the “Stop the Money Pipeline” mobilization, aims to end the financing of fossil fuels and deforestation
2020-01-13 | Rainforest Action Network
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Banks get tough on shale loans as fracking forecasts flop

2019-12-23 | The Wall Street Journal
Blog
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4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows

Lloyds, Bank of America, Goldman Sachs and Société Générale among the poorest performers in BankTrack ranking, alongside Canadian and Chinese banks
2019-11-26 | BankTrack
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Saudi Aramco IPO: climate change fears cause banks to miss out on millions in fees

BankTrack mentioned
2019-11-21 | The Independent
Blog
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Failure of Aramco IPO gives a black eye to bank CEOs and a warning to investors

2019-11-20 | London, UK | BankTrack, 350.org, Earthworks, Friends of the Earth US, Global Witness, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, ShareAction, Sierra Club
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Banks set to cash in on the Saudi Aramco IPO want you to know they’re still serious about climate change

BankTrack mentioned
2019-11-14 | Fortune
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Banks fail to stop financing fossil fuel industry

2019-11-09 | The Financial Times
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Western banks funding Saudi Aramco IPO betraying climate change promises

2019-11-05 | Newsweek
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Aramco IPO: These are the banks and advisers on world's biggest sale

2019-11-03 | Bloomberg
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Banks warned over Saudi Aramco by environmental groups

2019-10-17 | The Guardian
Blog
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Environmental groups warn banks against climate and human rights implications of underwriting Saudi Aramco offering

2019-10-17 | Nijmegen, the Netherlands
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Top investment banks provide billions to expand fossil fuel industry

2019-10-13 | The Guardian
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JPMorgan Economists Warn of Black Swan Risks From Climate Change

2019-10-11 | Bloomberg
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Money to burn

More than 300 banks and investors back six of the world’s most harmful agribusinesses to the tune of $44bn
2019-09-23 | Global Witness
Blog
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Revealed: major banks and investors including Barclays, JPMorgan Chase, Goldman Sachs, Morgan Stanley, BlackRock are pouring money into global forest destruction

New investigation by Global Witness uncovers for the first time a truly global picture of major financial players driving $44 billion into companies directly or indirectly involved in deforestation in the Brazilian Amazon, the Congo Basin and Papua New Guinea.
2019-09-23 | Global Witness
BankTrack news BankTrack blog Partner news Partner blog

Money is the oxygen on which the fire of global warming burns

BankTrack mentioned
2019-09-17 | The New Yorker
Blog
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Global NGOs: Dirty Dozen Companies Driving Deforestation Must Act Now to Stop the Burning of the World's Forests

Groups call for the immediate suspension of all business and financing with traders active in the Brazilian Amazon "The Amazon is on fire. Corporations share the blame. They need to become part of the solution."
2019-08-30 | Amazon Watch
Blog
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Rio Grande Valley: Big banks urged not to back high risk fracked-gas export terminals

2019-08-14 | BankTrack
Blog
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Banks step away from US private prisons

2019-07-01 | BankTrack
Blog
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BankTrack 2019 Human Rights Benchmark: criteria and scope announced

2019-06-25 | Nijmegen | BankTrack
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Antitrust: Commission fines Barclays, RBS, Citigroup, JPMorgan and MUFG €1.07 billion for participating in foreign exchange spot trading cartel

2019-05-16 | European Commission press release
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US banks pledged to fund renewable energy, but they still spend way more on fossil fuels

2019-03-28 | Mother Jones
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Banks' fossil fuel funding rises, environmental groups warn

BankTrack mentioned
2019-03-21 | S&P Global
BankTrack news BankTrack blog Partner news Partner blog

Global Banks, Led by JPMorgan Chase, Invested $1.9 Trillion in Fossil Fuels Since Paris Climate Pact

2019-03-20 | Desmogblog.com
Blog
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Banking on Climate Change – Fossil Fuel Finance Report Card 2019

World's top banks have poured $1.9 trillion into fossil fuel financing since the Paris Agreement was adopted, with financing on the rise each year
2019-03-20 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club
Blog
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JPMorgan announces it will stop financing the private prison industry

2019-03-05
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JPMorgan Backs Away From Private Prison Finance

2019-03-05 | U.S. News
Blog
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Every two weeks a bank, insurer or lender announces new coal restrictions

Major financial institutions restricting coal funding tops 100
2019-02-27 | IEEFA
Blog
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Who’s banking the Coastal GasLink pipeline?

These banks are funding a threat to Wet'suwet'en land and abuse of Indigenous rights
2019-01-24 | San Francisco, USA | Elana Sulakshana - Rainforest Action Network
Blog
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Banks massively financing fossil fuels unclear about future of ... fossil fuels

Few banks acknowledge relation between fossil fuels and climate breakdown
2018-12-20 | Nijmegen
Blog
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Gwich’in Leaders travel to New York to tell banks: Defend the Arctic Refuge

2018-10-29 | Bernadette Demientieff
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Alaska Natives Call on Banks to Protect the Arctic National Wildlife Refuge From Drilling

2018-10-26 | Earther
Blog
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JPMorgan Chase, Wells Fargo and Crédit Agricole warned not to finance tar sands pipeline companies

Bank clients Enbridge and TransCanada have failed to secure Free, Prior and Informed Consent of Indigenous communities
2018-10-09 | San Francisco, USA | Rainforest Action Network
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World economy at risk of another financial crash, says IMF

2018-10-03 | Guardian
Blog
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New coal report finds troubling loopholes in existing bank policies

Analysis shows broad compliance with credit exposure reduction commitments – but six biggest US banks still increased coal financing In 2017
2018-08-16 | Rainforest Action Network
Blog
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HSBC's shift on energy lending has Suncor throwing its toys out of the pram

But new policy is no isolated move - finance for tar sands will dry up, just as it is doing for coal.
2018-08-09 | Ryan Brightwell – BankTrack
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USA: Govt. contractors accused of profiting from separation & detention of migrant & asylum seeking families

2018-07-25 | Business-humanrights.org
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U.S. court order stops some work on Mountain Valley natural gas pipeline in West Virginia

2018-06-25 | Reuters
Blog
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Uncertainty over the future of the Trans Adriatic Pipeline, as EBRD envisages loan decision

2018-06-14 | Elena Gerebizza - Re:Common
Blog
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Big Banks Face Fossil Fuel Resistance at Annual Meetings

Guest blog by Ben Cushing, Campaign Representative Beyond Dirty Fuels
2018-06-07 | Ben Cushing, Sierra Club
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Indofood: the perfect microcosm of how the financial system is still part of the problem

2018-05-31 | RAN
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Think the big banks have abandoned coal? Think again

2018-05-28 | The New York Times
Blog
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Chase AGM: Dozens of indigenous and frontline community representatives call for an end to bank financing of extreme fossil fuels

Delegates from Canada to Ecuador and across the U.S. travel to Texas to deliver open letter to Chase shareholders
2018-05-15 | Texas, USA | Rainforest Action Network
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Chase AGM: Dozens of Indigenous and Frontline Community Representatives Call for an End to Bank Financing of Extreme Fossil Fuels

2018-05-15 | RAN
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Nationwide Rallies Against JPMorgan: #ShutDownChase National Day of Action

2018-05-07 | RAN
Blog
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Smoke and mirrors - world's top banks on notice to slash support for coal power development

2018-04-05 | Greig Aitken – BankTrack
Blog
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Report finds major banks ramped up fossil fuel financing to $115 billion in 2017

Despite 2017 being the costliest year on record for weather disasters, new report reveals that banks increased extreme fossil fuel financing last year, led by a more than doubling in lending to tar sands companies and pipelines.
2018-03-28 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

'Extreme' fossil fuel investments have surged under Donald Trump, report reveals

BankTrack mentioned
2018-03-28 | The Guardian
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Bank financing of ‘extreme fossil fuels’ rises 11% to $115bn

BankTrack mentioned
2018-03-28 | The Financial Times
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JPMorgan Facing Shareholder Backlash Over Oil Sands Financing

2018-03-23 | Bloomberg
Blog
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Out of sync with climate reality – the coal mine and coal plant dreams of Poland's two dirty utilities

2018-02-26 | Warsaw | Katarzyna Kubiczek, Ecological Association EKO-UNIA
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With a little help from the European Commission: TAP and the Southern Gas Corridor

2018-02-23 | Counter Balance
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EIB approves 1.5 billion Euro loan for TAP gas pipeline

2018-02-06 | Reuters
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Southern Gas Corridor: Dirty as coal

2018-01-30 | 350.org
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The U.S. May Back a Vietnam Coal Plant. Russia Is Already Helping

2018-01-26 | New York Times
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TAP pipeline on course for first gas to Italy in early 2020

2017-12-22 | Reuters
Blog
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JPMorgan Chase and Wells Fargo Double Down on Support for Dirty Tar Sands Pipelines

2017-12-18 | San Francisco | Greenpeace, Rainforest Action Network, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Banks criticised for funding coal deals despite Paris agreement

BankTrack mentioned
2017-12-11 | Financial Times
BankTrack news BankTrack blog Partner news Partner blog

EU commission urged bank to support Azerbaijan gas pipeline

2017-11-27 | ClimateHome
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European banks are financing monuments to a bygone fossil fuel era

2017-11-15 | Huffington Post
Blog
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New report: Towards responsible and inclusive financing of the palm oil sector

2017-11-15 | Center for International Forestry Research (CIFOR), Profundo
Blog
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Investing in Amazon destruction - new report by Amazon Watch

Why private financial institutions must divest from Amazon crude - now
2017-11-13 | Amazon Watch
Blog
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Big banks complicit in massive tar sands destruction and pollution through hundreds of billions in financing

2017-11-02 | Rainforest Action Network
Blog
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Banks warned of tar sands pipelines investment risks in new report

2017-10-31 | Greenpeace, Oil Change International
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Germany tightens the screws on international funds to Turkey

2017-10-25 | Bloomberg
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EBRD board approves $500 mln loan for TANAP gas pipeline project

2017-10-18 | Reuters
Blog
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“Responsible” investors under scrutiny for investing in climate-destroying banks

2017-09-26 | Rainforest Action Network
Blog
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Indigenous Groups Lead Movement to Call on Banks to Drop Enbridge’s Controversial Line 3 Pipeline

Tribal Nations based in Minnesota oppose the project and the Minnesota Department of Commerce has condemned it
2017-09-21 | Minneapolis, MN | Honor the Earth, Rainforest Action Network
Blog
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Greenpeace Investor Briefing: Problematic Pipelines

Investor risk from bank financing of tar sands pipelines
2017-09-20 | Greenpeace
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JPMorgan Chase pledges $2 Million to fight racism - yet bankrolls energy projects that hurt minorities

Race is the most significant predictor of a person living near pollution.
2017-09-02 | AlterNet
Blog
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Financiers of pulp and paper industry projects will cause environmental and social harm, says new report

2017-08-01 | Mandy Haggith – Environmental Paper Network
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One of the biggest banks is making a big renewable energy commitment

2017-07-28 | CNBC
Blog
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150,000 People Representing more than $4 Billion Call on Banks to Defund Tar Sands Pipelines

2017-06-28 | Washington, DC | Divestinvest, Mazaska Talks
Blog
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28 major banks warned not to finance Trans Mountain pipeline expansion

Over 20 Indigenous and environmental groups deliver urgent letter.
2017-06-09 | BankTrack, Rainforest Action Network, others
Blog
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Banks provide billions for Dirty Diesel traders while failing to act on human rights, says new briefing

- Oil traders Trafigura and Vitol received over $100 billion in loans since 2012
- Of 26 banks contacted, not one has pressured companies over toxic fuel exports to Africa
2017-05-23 | Nijmegen | BankTrack
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Coalition Disrupts JPMorgan Chase Shareholders Meeting: Demand they Defund Tar Sands

2017-05-16 | Last Real Indian
Blog
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Indigenous leaders launch new campaign to defund all four proposed tar sands pipelines

2017-05-09 | Turtle Island | Mazaska Talks
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Climate activists shut down Chase bank branches in Seattle; arrests made

2017-05-08 | Seattle Times
Blog
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Energy Transfer: Which banks continue to support the company behind DAPL?

2017-04-06 | Alison Kirsch - Rainforest Action Network
Blog
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Who's bankrolling TransCanada?

Banking on TransCanada means banking on Keystone XL
2017-03-24 | Alison Kirsch - Rainforest Action Network
Blog
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Leading banks under fire for misrepresenting human rights responsibilities

Discussion Paper by Thun Group of banks meets series of objections from UN Working Group, John Ruggie and over 30 civil society organisations
2017-02-28 | BankTrack
Blog
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Coal Roadshow: JPMorgan Chase propping up new coal plant in Poland

Less than one year after committing not to finance new coal power in the developed world, JPMorgan Chase uses policy loophole to finance company planning new coal capacity in Poland
2017-02-24 | Warsaw, San Francisco | Foundation “Development YES - Open-Pit Mines NO”
Blog
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Rampal financing still in the balance as double standards mount

2016-12-21 | Greig Aitken – BankTrack
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Poland green bond issue will not fund coal, says official

Investors are sceptical about Warsaw bid to finance renewables, given its coal-heavy energy policy
2016-12-13 | Climate Home
Blog
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Top US and UK banks urged not to help bankroll destructive Rampal coal plant in Bangladesh

2016-12-08 | Nijmegen, the Netherlands | BankTrack
Blog
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Financing of coal industry expansion by top banks undermining Paris Agreement

2016-11-14 | Marrakech, Morocco | BankTrack, Friends of the Earth France, Market Forces, Rainforest Action Network, urgewald
BankTrack news BankTrack blog Partner news Partner blog

Climate Week NYC Sponsored by Banks Financing Fossil Fuel Projects

2016-09-22 | TriplePundit
Blog
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Banks sponsoring ‘Climate Week NYC’ responsible for investing billions in extreme fossil fuels

Research shows Bank of America, JPMorgan Chase, and Bank of the West (BNP Paribas) continue to play major role in funding climate change activities
2016-09-19 | San Francisco | Rainforest Action Network
Blog
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New online platform reveals banks and investors financing companies linked to tropical forest loss in Southeast Asia

Financial sector under the spotlight in new international push to protect forests and forest communities
2016-09-06 | Singapore | Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

JP Morgan’s love affair with Eritrea

2016-08-23 | Mining Journal
Blog
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New report finds banks betting on climate change

Seventh annual bank finance Report Card reveals major banks poured hundreds of billions into extreme fossil fuels
2016-06-14 | Nijmegen, San Francisco | BankTrack, Rainforest Action Network, Sierra Club and Oil Change International
BankTrack news BankTrack blog Partner news Partner blog

Citi, Deutsche and JPMorgan censured for backing fossil fuel

BankTrack mentioned
2016-06-14 | The Financial Times
Blog
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JP Morgan Chase cuts coal financing, joins majority of largest US investment banks

Rainforest Action Network calls on banks to end financing for all coal mining and power
2016-03-08 | San Francisco | Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

JPMorgan to stop direct financing of new coal mines

2016-03-08 | The Financial Times
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JPMorgan Won't Back New Coal Mines to Combat Climate Change

2016-03-07 | Bloomberg
Blog
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New BankTrack Human Rights Impact Briefing: Labour standards violations in IOI Corporation’s Malaysian plantations

2016-02-16 | Nijmegen | BankTrack
Blog
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Banks Support Ethiopian Bond Sale; Monies Targeted for Destructive Dams, Land Grabs

2014-12-21 | Berkeley | Lori Pottinger, International Rivers
Blog
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Call for banks to divest from APRIL

Social conflict and environmental destruction are rife in its operations
2014-12-10 | Nijmegen | BankTrack, Mandy Haggith – Environmental Paper Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks not yet living up to UN human rights principles, finds BankTrack

New research finds inadequate reporting on human rights impacts, and failure to establish mechanisms to allow complaints.
2014-12-02 | Geneva | BANKTRACK
Blog
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'Record year' for bank coal financing as latest UN climate warning looms

2014-10-29 | Nijmegen | BankTrack
Blog
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RAN Applauds Move by U.S. Banks to Reject Australian Coal Port

Abbot Point coal export project presents dire threat to climate and to the Great Barrier Reef
2014-10-27 | San Francisco | Rainforest Action Network
Blog
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Bumi’s Deadly Coal

New report reveals extensive water contamination and human rights violations by Bumi’s KPC coal mine
2014-08-21 | Jakarta | JATAM and Greenpeace
Blog
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Report Finds Top Banks Moving Away From Coal: Citigroup and Barclays seen as laggards

Fifth annual coal finance report shows JPMorgan Chase and Wells Fargo end financing for mountaintop removal coal
2014-04-17 | San Francisco | Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

Extreme Coal – No Longer Business as Usual

2014-04-17 | RAN
Blog
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BankTrack calls for strengthening of Green Bond Principles

Combatting climate change needs real commitments instead of loose guidelines - Banks must urgently curb fossil fuel financing
2014-04-14 | Nijmegen | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Breakthrough: JPMorgan Chase Dropping Mountain Destruction

2014-04-13 | RAN
Blog
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Breakthrough: JPMorgan Chase Dropping Mountain Destruction

2014 | BankTrack
Blog
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More US and European Banks step back from Mountaintop Removal

2014 | BankTrack
Blog
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Five banks made £2.2 billion from food speculation in 2010-2012

2013-11-05 | London | World Development Movement
BankTrack news BankTrack blog Partner news Partner blog

Ignoring Human Rights Abuses and Coal’s Uncertain Future, Big Banks Line Up for Piece of World’s Largest Coal Miner

2013-09-04 | RAN
Blog
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Who owns Belo Monte?

The foreign equity participation in the Belo Monte Dam Project
2013-08-29 | GegenStroemung / CounterCurrent
Blog
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India and POSCO Must End Abuses Linked to Steel Project

Rights Groups Urge Suspension of Project, Prevention of Forced Evictions
2013-06-27 | New York | IHRC - ESCR-Net
Blog
BankTrack news BankTrack blog Partner news Partner blog

New Coal Finance Report Card Exposes Risk of Extreme Energy Investments

Banks pump $20 billion into coal despite U.S. coal industry decline and escalating climate impacts
2013-04-29 | San Francisco | Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

Extreme Investments: 2013 Coal Finance Report Card

2013-04-29 | RAN
BankTrack news BankTrack blog Partner news Partner blog

Seven of Bloomberg’s Top Ten “Greenest Banks” Are Climate Killers

2013-04-10 | RAN
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
BankTrack news BankTrack blog Partner news Partner blog

Manipulation of California energy market gives consumers a jolt

2012-07-19 | United States of America | Los Angeles Times
Blog
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US banks risk public health and climate by financing coal

RAN and sierra club detail the “filthy five” banks in third annual “coal Finance report rard”
2012-05-01 | San Francisco, USA | Rainforest Action Network
Blog
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Don’t bank on the bomb

2012-03-05 | Washington | ICAN
Blog
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Bankrolling Climate Change

NGOs present groundbreaking research on banks’ involvement in coal financing
2011-11-30 | Durban | urgewald, Earthlife, BankTrack and groundWork
BankTrack news BankTrack blog Partner news Partner blog

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
BankTrack news BankTrack blog Partner news Partner blog

Time to Improve the Equator Principles, BankTrack Says

BankTrack mentioned
2011-10-24 | Washington | Social Funds
BankTrack news BankTrack blog Partner news Partner blog

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet
2011-10-23 | Washington | BankTrack
Blog
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Financiers search for sustainable future

BankTrack mentioned
2011-10-20 | Washington | Environmental Finance
Blog
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New report card exposes largest financers of mountaintop removal coal mining

2011-04-05 | San Fransisco | Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

Special report: Jamie Dimon wants some R-E-S-P-E-C-T

2011-02-04 | Reuters
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report finds bank Carbon Principles did not curb financing of coal

Rainforest Action Network report finds implementation of the Carbon Principles lacking
2011-01-21 | San Fransisco | Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Wall Street turns its back on Mountaintop Removal coal mining

2011 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Banks grow wary of environmental risks

2010-08-31 | NY Times
Blog
BankTrack news BankTrack blog Partner news Partner blog

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability
2010-07-01 | Nijmegen, the Netherlands | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Like blowing up the Alps: Is Swiss Bank UBS the last financier of Massey's big coal Mayhem?

2010-06-07 | US | The Huffington Post
Blog
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BankTrack calls on banks to stop funding nuclear power

New website exposes nuclear secrets of commercial banks
2010-05-26 | Nijmegen, the Netherlands | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Rainforest Action Network welcomes JPMorgan’s first public statement on controversial mountaintop removal coal mining

2010-05-17 | San Fransisco | RAN
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report card, largest financers of Mountaintop Removal coal mining

PNC, JPMorgan Chase and UBS receive failing grades
2010-05-13 | San Francisco | Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack calls upon banks to Close the Gap on investment policies

New report evaluates quality of investment policies of 49 banks; more policies in place, overall quality below what is required
2010-04-27 | Nijmegen, the Netherlands | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Top financial institutions invest over US$43 billion in producers of cluster bombs

Activists call on governments and financial institutions to stop explosive investments
2010-04-14 | Geneva, Switzerland | Netwerk Vlaanderen/ IKV PaxChristi
BankTrack news BankTrack blog Partner news Partner blog

J.P. Morgan rolls into Calgary

2010-04-05 | Calgary, Canada | Global Investor
BankTrack news BankTrack blog Partner news Partner blog

New regulations will put an end to mountaintop mining

2010-04-02 | US | The Guardian
Blog
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward
2010-03-15 | Nijmegen, The Netherlands | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Help us to stop JPMorganChase from funding mountaintop removal coal mining

Chase is bankrolling the destruction of American mountains for coal. End mountaintop removal and put Chase on the run
2010-02-18 | International | RAN
Blog
BankTrack news BankTrack blog Partner news Partner blog

Top financial institutions still invest US$20 billion in cluster bombs

Activists call on banks and pension funds to disinvest from banned weapon
2009-10-29 | London | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

World's major banks rule out financing Gunns' Pulp Mill

Advert in Financial Times warns banks to stay out
2009-04-29 | Tasmania, Australia | The Wilderness Society
Blog
BankTrack news BankTrack blog Partner news Partner blog

Carbon Principles and Climate Principles will not stop melting of the ice

2009-03-30 | Bonn, Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

“Carbon Principles” Another Nail in Coals Coffin

Growing anti-coal movement forces banks to take first step toward ending coal finance
2008-02-05 | San Francisco | Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

JP MorganChase joins efforts to curb global warming

2005-04-24 | San Fransisco | Friends of the Earth US
Resources
Documents
Videos
Links

Climate Report 2024

Other bank document
2024-11-12 00:00:00 | JPMorgan Chase

2024 Energy Supply Financing Ratio Methodology

Other bank document
2024-11-12 00:00:00 | JPMorgan Chase

Banking on biodiversity collapse 2024

Partner publication
2024-10-16 00:00:00 | Forest and Finance Coalition

NZBA 2024 Progress Report

Other document
2024-10-01 00:00:00 | NZBA

Response Tracking – Letter to 20 banks on ArcelorMittal, sent June 10th 2024

NGO document
2024-07-17 00:00:00 | BankTrack

Suzano's Pulp Fiction

Comparing words and deeds of the world’s largest eucalyptus pulp producer
NGO document
2024-07-16 00:00:00 | EPN

Letter from BankTrack to JPMorgan Chase on Risks of JP Morgan Chase's relationship with ArcelorMittal

Correspondence
2024-06-10 00:00:00 | BankTrack

UNSUPERVISED - The carbon pollution of the world’s largest banks

NGO document
2024-05-21 00:00:00 | ReCommon

Banking on climate chaos 2024

Fossil fuel finance report 2024
BankTrack publication
2024-05-13 00:00:00 | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance & Sierra Club

Still Banking on Coal press release

Commercial Banks Still Deep into Coal 8 Years After Paris
Partner publication
2024-05-02 00:00:00 | Urgewald

Commercial Banks Still Deep into Coal 8 Years After Paris

NGO document
2024-05-02 00:00:00 | Urgewald

ASSESSING PETROPERÚ’S FINANCIAL, LEGAL, ENVIRONMENTAL, AND SOCIAL RISKS

Risk Alert
Partner publication
2024-04-30 00:00:00 | Amazon Watch

ESG Report 2023

Other bank document
2024-04-16 00:00:00 | JPMorgan Chase

Our approach to our sustainable development target

Bank policy
2024-04-16 00:00:00 | JPMorgan Chase

Annual Report 2023

Annual report
2024-04-10 00:00:00 | JPMorgan Chase

Open letter signed by 81 CSOs to financiers Ithaca Energy about Rosebank oil and gas field

NGO document
2024-03-19 00:00:00 | BankTrack, Stop Rosebank

Still Butchering the Planet

Partner publication
2024-03-18 00:00:00 | Feedback

Finance for War. Finance for Peace

How values-based banks foster peace in a world of increasing conflict
Other document
2024-02-28 00:00:00 | Banca Etica Group and the Global Alliance for Banking on Values (GABV)

Human rights

Date listed represents date as accessed on website
Bank policy
2024-02-13 00:00:00 | JPMorgan Chase

Coal Havens

The banks and loopholes keeping coal finance alive in Asia
BankTrack publication
2024-01-23 00:00:00 | BankTrack

Letter from BankTrack, Both ENDS and 12 other CSOs to Vale's investors on Brumadinho disaster 5th anniversary

Correspondence
2024-01-22 00:00:00 | BankTrack, Both ENDS and 12 other CSOs

Letter from BankTrack to JPMorgan Chase on Ending support for metallurgical coal

Correspondence
2023-12-07 00:00:00 | BankTrack

Fossil Fuel Expansion in the United Arab Emirates

ADNOC and Its International Partners
BankTrack publication
2023-12-05 00:00:00 | Urgewald, Reclaim Finance, Lingo & BankTrack

Letter from BankTrack, ACA, CTEA to JPMorgan Chase on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-22 00:00:00 | BankTrack, ACA, CTEA

Climate Report 2023

Other bank document
2023-11-10 00:00:00 | JP Morgan Chase

Still bankrolling coal (for steel)

Why banks must quit metallurgical coal
BankTrack publication
2023-10-10 00:00:00 | Julia Hovenier, BankTrack

Gendered and racial impacts of the fossil fuel industry in North America and complicit financial institutions

NGO document
2023-09-20 00:00:00 | WECAN

Letter from BankTrack and 60 civil society groups to 20 bank financiers of Equinor on Equinor's proposed North Sea field Rosebank

Letter to financiers of Equinor on their client's ownership of Rosebank
Correspondence
2023-07-04 00:00:00 | BankTrack and 60 civil society groups

Why banks should account for their full share of facilitated emissions

Banks are making progress on setting net-zero targets but most focus on lending and only a handful include capital markets facilitation – funding activities where banks do not provide capital themselves but play a critical role in facilitating access to it. Capital markets are a vital source of funding and will be key in delivering the low-carbon transition. In 2021 alone, global bond and equity issuances stood at US$26.8 trillion. This memo outlines why the industry-organised Partnership for Carbon Accounting Financials should include a 100% weighting for capital market facilitation.
NGO document
2023-05-23 00:00:00 | ShareAction

Banking on Climate Chaos 2023

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
BankTrack publication
2023-04-13 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, Urgewald

Annual report 2022

Annual report
2023-04-04 00:00:00 | JPMorgan Chase

Background briefing: Just 7% of global banks' energy financing goes to renewables, new data shows

BankTrack publication
2023-01-27 00:00:00 | Profundo for Sierra Club, Fair Finance International, BankTrack, Rainforest Action Network

2022 Climate Report

Bank policy
2022-12-22 00:00:00 | JPMorgan Chase

BankTrack Global Human Rights Benchmark 2022

BankTrack publication
2022-11-17 00:00:00 | BankTrack

Who is financing fossil fuel expansion in Africa?

BankTrack publication
2022-11-15 00:00:00 | Urgewald, BankTrack, 350.org Africa, Africa Coal Network & Oilwatch Africa, et al.

Wall Street's Dirtiest Secret

How fossil fuel expansion depends on big bank finance
NGO document
2022-11-09 00:00:00

Burning forests in the name of clean energy? How banks are failing to exclude the harmful wood biomass industry from finance

BankTrack publication
2022-10-21 00:00:00 | BankTrack

Rio Grande Valley: At Risk From Fracked-Gas Exports 2022 Update

NGO document
2022-10-01 00:00:00 | Rainforest Action Network, Les Amis de la Terre, Save RGV, Carrizo Comecrudo Tribe of Texas

Vaca Muerta Basin: An Oil & Gas Trap

IMF and global capital markets neglect the risk of ballooning Argentina’s debt and liability problem
NGO document
2022-07-29 00:00:00 | Profundo, 350.org Argentina

Keep forests standing 2022

Evaluating the brands and banks driving deforestation and human rights abuses
NGO document
2022-06-14 00:00:00 | Rainforest Action Network

CSR report 2021

Annual report
2022-06-07 00:00:00 | JPMorgan Chase

Annual report 2021

Annual report
2022-06-07 00:00:00 | JPMorgan Chase

Letter from BankTrack, 350.org, Bank on our Future and Uplift to 25 banks on Shell's proposed Jackdaw gas field

Correspondence
2022-06-03 00:00:00 | BankTrack, 350.org, Bank on our Future and Uplift

Banking on Climate Chaos 2022

Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021
BankTrack publication
2022-03-30 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, urgewald

Investor Statement on Line 3, Oil Sands Projects, and FPIC

Other document
2022-03-30 00:00:00 | Investors & Indigenous Peoples Working Group

Modern slavery and human trafficking statement

Bank policy
2021-12-31 00:00:00 | JPMorgan Chase

Wall Street's carbon bubble: the global emissions of the US financial sector

NGO document
2021-12-14 00:00:00 | Sierra Club, Center for American Progress

Actions speak louder: Assessing bank responses to human rights violations

BankTrack publication
2021-12-14 00:00:00 | BankTrack

Letter from BankTrack to JPMorgan Chase on lithium mining in Serbia’s Jadar Valley

Correspondence
2021-12-12 00:00:00 | BankTrack

Environmental and social policy framework

Bank policy
2021-10-08 00:00:00 | JPMorgan Chase

A practitioner's guide for banks

Considerations for banks in setting a net zero strategy
Other bank document
2021-10-04 00:00:00 | Sustainable Markets Initiative - Financial Services Taskforce

Drill, baby, drill

How banks, investors and insurers are driving oil and gas expansion in the Arctic
NGO document
2021-09-23 00:00:00 | Reclaim Finance

Recipients of the letter about the risk of the anti-environment agenda in the Brazilian Congress

NGO document
2021-08-19 00:00:00 | BankTrack

Banking on Amazon destruction

NGO document
2021-07-08 00:00:00 | Amazon Watch & Stand.earth

Forests & Finance 2021 Briefing - Is Your Money Destroying Rainforests or Violating Rights?

NGO document
2021-06-23 00:00:00 | Forests and Finance

CSR Report 2020

Annual report
2021-06-08 00:00:00 | JPMorgan Chase

The Big Smoke

The global emissions of the UK financial sector
NGO document
2021-05-25 00:00:00 | Greenpeace and WWF

CSR Report 2020

Annual report
2021-05-20 00:00:00 | JPMorgan Chase

Annual report 2020

Annual report
2021-05-20 00:00:00 | JPMorgan Chase

A fig leaf for fossil fuel expansion

Assessing JPMorgan Chase's 2030 climate targets
NGO document
2021-05-13 00:00:00 | RAN

Keep Forests Standing

Evaluating the Brands and Banks Driving Deforestation and Human Rights Abuses
NGO document
2021-04-28 00:00:00 | Rainforest Action Network

Gendered and Racial Impacts of the Fossil Fuel Industry in North America and Complicit Financial Institutions

A Call to Action for the Health of our Communities and Nature in the Climate Crisis
NGO document
2021-04-14 00:00:00 | WECAN

Open Letter from over 260 civil society organisations to banks on EACOP

NGO document
2021-02-25 00:00:00 | 263 CSOs

Banking beyond deforestation

How the banking industry can help halt and reverse deforestation
Other document
2021-01-18 00:00:00 | Cambridge Institute for Sustainability Leadership

Soft Commitments, Hard Lessons: an analysis of the Soft Commodities Compact

BankTrack publication
2020-11-30 00:00:00 | BankTrack

Complicity in Destruction III

NGO document
2020-11-27 00:00:00 | Amazon Watch

"Trust Us, We're Equator Banks": Part II

BankTrack publication
2020-11-24 00:00:00 | BankTrack

Spotlight on JPMorgan’s Deforestation Risk Exposure

NGO document
2020-11-22 00:00:00 | Climate Advisers

Letter from Forests & Finance to JPMorgan Chase on JPMorgan Chase' forest-risk financing

Correspondence
2020-11-22 00:00:00 | Forests & Finance

The Banking Environment Initiative (BEI) & the Consumer Goods Forum (CGF)’s ‘Soft Commodities’ Compact

Other document
2020-11-16 00:00:00 | Banking Environment Initiative

The BEI & CGF’s ‘Soft Commodities’ Compact: Technical Guidance

Other document
2020-11-16 00:00:00 | Banking Environment Initiative

Complicity in Destruction III

How global corporations enable the violation of indigenous peoples' rights in the Brazilian Amazon
NGO document
2020-10-28 00:00:00 | Amazon Watch

Bankrolling Extinction: The top 10 banks financing biodiversity loss

NGO document
2020-10-28 00:00:00 | porfolio.earth

Complicity in Destruction III

NGO document
2020-10-27 00:00:00 | APIB and Amazon Watch

Paris-aligned financing commitment

Bank policy
2020-10-06 00:00:00 | JPMorgan Chase

Fracking Fiasco: The banks that fueled the U.S. shale bust

NGO document
2020-09-24 00:00:00 | Rainforest Action Network

Annual report 2019

Annual report
2020-05-14 00:00:00 | JPMorgan Chase

Banking on Climate Change - Fossil Fuel Finance Report 2020

BankTrack publication
2020-03-18 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club

Open Letter to Sappi CEO

NGO document
2020-03-12 00:00:00 | GeaSphere

Detailed analysis of JPMorgan Chase's Environmental and Social policy Framework update

NGO document
2020-02-28 00:00:00 | Rainforest Action Network

Letter from BankTrack to JPMorgan Chase on the bank's progress on its fossil fuel finance since COP24

Correspondence
2019-12-10 00:00:00 | BankTrack

Money to Burn

How iconic banks and investors fund the destruction of the world’s largest rainforests
NGO document
2019-09-23 00:00:00 | Global Witness

CSR report 2018

Annual report
2019-06-24 00:00:00 | JPMorgan Chase

Fool's Gold

The financial institutions bankrolling Europe’s most coal-dependent utilities
NGO document
2019-05-21 00:00:00 | Europe Beyond Coal

Troika Laundromat

Overview of financial institutions involved in the Troika Laundromat scheme
Other document
2019-05-20 00:00:00 | Organised Crime and Corruption Project (OCCRP)

Annual General Meeting Shareholder Briefing JPMorgan Chase

BankTrack publication
2019-05-15 00:00:00 | BankTrack

The Wall Street Banks Still Financing Private Prisons

2019 Data Brief
NGO document
2019-04-30 00:00:00 | ITPI, Public Accountability Initiative, Center for Popular Deocracy

Annual report 2018

Annual report
2019-04-11 00:00:00 | JPMorgan Chase

Bank Policy Matrix

NGO document
2018-12-10 00:00:00 | Forests & Finance Coalition

JPMorgan Chase. Financing coal power expansion in Poland

Climate advocates claim JPMorgan funding is starkly at odds with the goal of a 1.5 degree world
NGO document
2018-12-05 00:00:00 | Rainforest Action Network, Foundation 'Development YES - Open Pit Mines NO'

Investing in Amazone destruction: WHY PRIVATE FINANCIAL INSTITUTIONS MUST DIVEST FROM AMAZON CRUDE — NOW

Why private financial institutions must divest from Amazon crude
NGO document
2018-11-09 00:00:00

Letter from BankTrack and 120 organisations to JPMorgan Chase on Demands FBNT campaign

Correspondence
2018-10-16 00:00:00 | BankTrack and 120 organisations

Banking on coal mining

U.S. banks’ performance against their policies since 2015
NGO document
2018-08-31 00:00:00 | Rainforest Action Network

Code of conduct

Bank policy
2018-06-30 00:00:00 | JPMorgan Chase

Annual Report 2017

Annual report
2018-04-08 00:00:00 | JPMorgan Chase

How banks contribute to human rights violations: responses to the Business & Human Rights Resource Centre

NGO document
2018-02-28 00:00:00 | Business & Human Rights Resource Centre

Modern slavery act transparancy statement

Bank policy
2017-12-31 00:00:00 | JPMorgan Chase

Investing in Amazon destruction

Why private financial institutions must divest from Amazon crude - NOW
NGO document
2017-11-09 00:00:00 | Amazon Watch

Letter from FOE US to JP Morgan Chase on Long Phu I

NGO document
2017-10-02 00:00:00 | Friends of the Earth US

Letter from Treaty Alliance against Tar Sands Expansion, Rainforest Action Network et al to JPMorgan Chase on Ending finance for tar sands oil

Correspondence
2017-09-25 00:00:00 | Treaty Alliance against Tar Sands Expansion, Rainforest Action Network et al

Banks: High Carbon, Hidden Risks

NGO document
2017-09-25 00:00:00 | Rainforest Action Network

Japanese and Malaysian banks and investors continue to pump billions of dollars into forest-risk companies, without adequate environmental and social safeguards

NGO document
2017-06-13 00:00:00 | RAN, TuK Indonesia & Profundo

Letter from RAN and 13 others to 14 banks that underwrote Kinder Morgan Canada IPO on warning to finance the IPO

Correspondence
2017-06-06 00:00:00 | Rainforest Action Network et al

Corporate Responsibility report 2016

Annual report
2017-05-31 00:00:00 | JPMorgan Chase

Annual Report 2016

Annual report
2017-04-01 00:00:00 | JP Morgan Chase

Letter from BankTrack to Thun Group on concerns regarding Thun Group discussion paper on human rights

Correspondence
2017-03-14 00:00:00 | BankTrack

Comments on Thun Group of Banks Discussion Paper

on the Implications of UN Guiding Principles 13 & 17 In a Corporate and Investment Banking Context
Other document
2017-02-21 00:00:00 | Prof. John G. Ruggie

Letter from BankTrack and others to Thun Group of Banks on Significant Concerns Regarding Thun Group Discussion Paper

Correspondence
2017-02-14 00:00:00 | BankTrack and others

Sime Darby urged to resolve long-standing land rights conflict before stock exchange listing of its plantation division

NGO document
2017-01-31 00:00:00 | RAN, TuK & Profundo

Letter from Foundation Development YES - Open-Pit Mines NO to JPMorganChase on Poland's Green Bond Issuance

Correspondence
2016-12-14 00:00:00 | Foundation Development YES - Open-Pit Mines NO

Letter from 53 organisations to 5 banks on Exim India bonds

Correspondence
2016-12-08 00:00:00 | 53 organisations

Protecting the Leuser Ecosystem

A Shared Responsibility
NGO document
2016-11-07 00:00:00 | Rainforest Action Network

Supplier Code of Conduct

Bank policy
2016-10-28 00:00:00 | JPMorgan Chase

2015 Corporate Responsibility Report

Annual report
2016-07-21 00:00:00 | JPMorgan Chase & Co.

Annual Report 2015

Annual report
2016-07-21 00:00:00 | JPMorgan Chase & Co.

Letter from BankTrack et al. to JPMorgan Chase on EPH financing

Correspondence
2016-07-05 00:00:00 | BankTrack et al.

Shorting the Climate

Fossil Fuel Finance Report Card 2016
BankTrack publication
2016-06-14 00:00:00 | BankTrack, Rainforest Action Network, Sierra Club, Oil Change International

Green Paper, Red Lines

Requirements for pulp and paper industry finance
BankTrack publication
2016-06-02 00:00:00 | BankTrack, Environmental Paper Network

Human Rights Impact Briefing #1:Labour standards violations in IOICorporation’s Malaysian plantations

BankTrack publication
2016-02-16 00:00:00 | BankTrack

Letter from JPMorgan Chase to BankTrack on IOI Corporation Human Rights Impact Briefing

Correspondence
2015-12-11 00:00:00 | JPMorgan Chase

Annual Report 2014

Annual report
2015-05-18 00:00:00 | JP Morgan Chase

Corporate Responsibility 2014

Annual report
2015-05-18 00:00:00 | JP Morgan Chase

The end of coal?

2015 Coal Finance Report Card
BankTrack publication
2015-05-04 00:00:00 | BankTrack, Rainforest Action Network, Sierra Club

Letter from Testbiotech to JP Morgan Chase on Invitation to a Testbiotech conference in Berlin on patents on life, genetic engineering and animal welfare

Correspondence
2015-04-27 00:00:00 | Testbiotech

Letter from EPN to Banks investing in April on APRIL

Correspondence
2014-12-10 00:00:00 | EPN

Banking on Coal 2014

BankTrack publication
2014-10-29 00:00:00 | BankTrack

Dominion Midstream Partners - Profundo Risk Report

Liquefied natural gas holding company - Avoid
NGO document
2014-09-10 00:00:00 | Profundo

PT KPC/Bumi Resources Deadly Coal

Ecological and Social Crisis caused by KPC/Bumi Resources’ Coal Production
NGO document
2014-08-21 00:00:00 | JATAM

CR Report 2013

Annual report
2014-01-01 00:00:00

Annual Report 2013

Annual report
2014-01-01 00:00:00

Corporate Responsibility Report 2012

Global strength, local impact
Annual report
2013-05-20 00:00:00 | JP Morgan Chase & Co.

Coal Finance Report Card 2013

Extreme investments - US Banks and the Coal Industry
BankTrack publication
2013-04-29 00:00:00 | Rainforest Action Network, Sierra Club, BankTrack

Annual Report 2012

Annual report
2013-04-10 00:00:00 | JP Morgan Chase & Co.

Worldwide investments in Cluster munitions, a shared responsibility

NGO document
2012-06-20 00:00:00 | IKV Pax Christi & FairFin

Coal Finance Report Card 2012

Dirty Money, U.S. Banks at theBottom of the Class
BankTrack publication
2012-05-01 00:00:00 | Rainforest Action Network, Sierra Club, BankTrack

JPMorgan Chase Cluster Munitions Investments

Other document
2011-05-25 00:00:00 | Netwerk Vlaanderen & IKV Pax Christi

Environmental and social risk assessment policy

Bank policy
2011-04-06 00:00:00 | JP Morgan Chase

Policy and Practice

2011 report card on banks and mountaintop removal
BankTrack publication
2011-04-05 00:00:00 | BankTrack, Rainforest Action Network, Sierra Club

The Principle Matter - Banks, Climate and the Carbon Principles

NGO document
2011-01-21 00:00:00 | Rainforest Action Network

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

Correspondence
2010-12-18 00:00:00 | Banktrack

Policy and Practice: report card on banks and mountaintop removal

BankTrack publication
2010-05-13 00:00:00 | Rainforest Action Network, Sierra Club, BankTrack

Close the Gap

Benchmarking investment policies of international banks
BankTrack publication
2010-04-27 00:00:00 | BankTrack

Mountaintop Removal Information Request

Correspondence
2010-04-14 00:00:00 | RAN, Sierra Club, BankTRack

Mountaintop Removal request for information letter sent to JPMorgan Chase

Correspondence
2010-04-14 00:00:00 | RAN, Sierra Club, BankTrack

JPMorgan Chase cluster munitions investments

Other document
2010-04-01 00:00:00 | Netwerk Vlaanderen, IKV PAX Christi

Worldwide investments in CLUSTER MUNITIONS, a shared responsibility

NGO document
2009-10-01 00:00:00 | Netwerk Vlaanderen, et. al.

Meek Principles for a Tough Climate

Why the Climate and Carbon Principles will not stop the melting of the ice
BankTrack publication
2009-03-01 00:00:00 | BankTrack

Profiles of U.S. Banks

NGO document
2008-01-11 00:00:00 | Ceres

The biggest cause of climate change: Coal-fired power plants

NGO document
2007-10-24 00:00:00 | Rainforest Action Network (RAN)

The dark side of US LNG

The Dark Side of US LNG is the result of a field mission to the United States to uncover the strong and growing ties between Italy, and in particular Italy's largest banking group, Intesa Sanpaolo, and the American liquefied natural gas (LNG) sector. Interviews by ReCommon. Filming, editing and music: Carlo Dojmi di Delupis. www.recommon.org

2023-06-30 09:42:20
Accountability
Grievances
Response tracking

JP Morgan Chase does not operate a complaints channel for individuals and communities that may be adversely affected by its finance. However, customers can contact the bank at corporate.responsibility@jpmchase.com whereas stakeholders may raise complaints via the OECD National Contact Points (see OECD Watch guidance).

 

This page evaluates JPMorgan Chase's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
Banks and Dirty Diesel: Vitol and Trafigura (May 2017)
1.5
1
0.5
0
Dodgy Deal profile
Response
1
Out of 1
Rationale for score
The bank publicly responded confirming its link to the company and commenting on the issues raised. The bank states that it "recognise[s] the importance of this issue" and continues to engage with its "commodity trading clients".
Action
0.5
Out of 1
Rationale for score
The bank detailed its engagement with the company, stating that the bank "continue[s] our engagement with our commodity trading clients, including recent dialogue on this topic with both Trafigura and Vitol". The bank did not provide details on any specific actions sought from the company nor any appropriate action taken by the bank itself.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
BankTrack Human Rights Briefing, May 2017
Deforestation in the Amazon (July 2019)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank publicly responded but did not acknowledge its link to the impact or comment on or respond to the substance of the issue raised.
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
Business and Human Rights Resource Centre, 2019
IOI Corporation labour standards violations (February 2016)
1.5
1
0.5
0
Dodgy Deal profile
Response
1
Out of 1
Rationale for score
The bank publicly responded confirming its link to the company and commenting on the specific issues raised. The bank references details on the company's RSPO certification and the inclusion of "public domain allegations" in its due diligence.
Action
0.5
Out of 1
Rationale for score
The bank confirmed that its Corporate & investment Bank divison had "not had any oportunity to discuss with IOI Corporation the allegations made", but that the Asset Management division has engaged with the company. The bank's asset management divison stated "With regards to IOI Corporation, we are not aware of any formal actions that have been instituted against the company in respect of alleged breaches of regulations. We have discussed this issue with IOI Corporation management in the last week, and continue to encourage best practice". The bank did not detail any specific actions sought from the company.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
BankTrack Human Rights Briefing, February 2016
Finance for JBS and links to deforestation in the Brazilian Amazon (March 2023)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank did not respond.
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
"Global Witness calls on financiers to stop financing JBS", March 2023
Myanmar: Equity exposure to companies linked to the military regime (October 2021)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank did not respond.
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or investee companies or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information available about whether the bank monitored progress.
More info
New bank links to Myanmar junta and atrocities found, July 28, 2021
Rio Tinto's Jadar mine, Serbia (December 2021)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank did not respond.
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information to indicate the bank is monitoring the actions of its clients, or actions it might itself have taken in response to the impacts raised.
More info
Letter to financiers of Rio Tinto, December 2021
UN human rights complaint regarding Saudi Aramco and its financiers (July 2023)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank did not respond.
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
, ClientEarth, UN warns Aramco and its financiers over their role in driving climate-fuelled human rights violations, June 2023
ArcelorMittal steel impacts (June 2024)
0
0
0
n/a
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank did not respond
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
n/a
Rationale for score
The impact was not raised over a year ago and therefore is not scored on monitoring progress.
More info
See the summary of bank responses here.
Average
38%
0.38
0.25
0.13
0
Banks and Climate

Banks and Climate

The 2024 Banking on Climate Chaos report showed that JPMorgan Chase provided US$ 430.926 Billion in financing to the fossil fuel industry between 2016 and 2023. In 2023 only, JPMorgan Chase provided US$ 19.312 Billion for oil, gas and coal companies expanding fossil fuels. Find further details on JPMorgan Chase fossil fuel portfolio and how it compares to other large banks globally on Fossil Banks No Thanks and in the Banking on Climate Chaos report.

Fossil fuel finance data JPMorgan Chase

Banking on Climate Chaos fossil fuel finance data

Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assesments. Find further details on their assessment of JPMorgan's fossil fuel policy below.

Assessment of JPMorgan Chase coal policy in the Coal Policy Tool

Assessment of JPMorgan Chase oil and gas policy in the Oil and Gas Policy Tracker

False Solutions Tracker

BankLast update
Country
Wind Energy
Solar Energy
Geothermal Energy
Ocean Energy
Energy grids and storage
Hydropower
Hydrogen
Solid Biomass
Biofuels
CCUS
Nuclear Power
Details
JPMorgan Chase
2024-11-19
USA
Explanation

The purpose of the False Solutions Tracker is to give a clear overview of energy technologies that fall under banks' individual sustainable finance commitments. The tracker lists 11 energy technologies that are usually associated with the energy transition and the decarbonisation of the economy. These technologies are defined here and classified in three categories:

  1. Real solutions: Technologies that deliver on a Just Transition towards Energy Democracy. BankTrack considers these technologies as real solutions only if and when they do deliver Energy Democracy.

  2. Solutions under strict conditions: Energy technologies that could be real solutions if they deliver on a Just Transition towards Energy Democracy but that could also be false solutions. This is the case of hydrogen and hydropower. On one hand, fossil-free and green hydrogen could be a real solution under certain conditions. However, fossil-based hydrogen and nuclear hydrogen are always false solutions. On the other hand, hydropower lifespan extension could also be a real solution under strict conditions while hydropower expansion is a false solution.

  3. False solutions: Energy technologies that are not aligned with a just transition towards Energy Democracy.

For each one of the 11 energy technologies, the tracker indicates if it is included in bank's individual sustainable finance commitments:

 

For Real solutions:

  • ​​: Yes, the bank includes its finance towards this energy technology in its sustainable finance reporting.
  • ​: Yes, the bank includes its finance towards this energy technology in its sustainable finance reporting, but under certain conditions. In this case, those conditions are mentioned in the "relevant policy document" section for each bank.
  • ​: No, the bank does not include its finance towards this energy technology in its sustainable finance reporting.
  • ​ : It is unclear whether the bank includes or not its finance towards this energy technology in its sustainable finance reporting.

 

For solutions under strict conditions and for false solutions:

  • ​: Yes, the bank includes its finance towards this energy technology in its sustainable finance reporting.
  • ​: Yes, the bank includes its finance towards this energy technology in its sustainable finance reporting, but under certain conditions. In this case, those conditions are mentioned in the "relevant policy document" section for each bank.
  • ​: No, the bank does not include its finance towards this energy technology in its sustainable finance reporting.
  • ​: It is unclear whether the bank includes or not its finance towards this energy technology in its sustainable finance reporting.
For more details see this page.
Banks and Human Rights

Banks and Human Rights

BankTrack assessed JPMorgan Chase in its 2022 Global Human Rights Benchmark, where it achieved 3 points out of 14 and was ranked as a laggard. In addition, JPMorgan Chase scored 0.6 out of 3 on how it responds to alleged human rights violations linked to its finance, which were raised by civil society organisations. More information is detailed in the "Accountability" section of this profile.

The BankTrack Human Rights Benchmark

Global Human Rights Benchmark 2022

BankLast update
Country
Score
Ranking
Details
JPMorgan Chase
USA
3
Laggard 3
Explanation
Laggard
Follower
Front runner
Leader
0 - 3 points
3.5 - 6.5 points
7 - 10 points
10.5 - 14 points
For more details see this page.
Banks and Nature

Banks and Nature

JPMorgan Chase’s policies for forest-risk sectors (beef, soy, palm oil, pulp and paper, rubber and timber) have been assessed by the Forests & Finance coalition, achieving an overall score of 2.1 out of 10 and ranking it as a follower. JPMorgan Chase achieved a score of 1.7 out of 10 specifically for its policies related to the beef sector and 5.6 out of 10 for its policies related to the palm oil sector. In addition, BankTrack and the Environmental Paper Network have assessed JPMorgan Chase’s policies related to the pulp and paper sector. 

Between 2016 and 2022, JPMorgan Chase provided USD 6,937 million in credit to companies operating in these forest-risk sectors and held investments amounting to USD 217 million as of 2022.

BankTrack has also assessed JPMorgan Chase’s policies related to the wood biomass sector and found that biomass is not mentioned in its policies and no safeguards or exclusions are in place for wood biomass. For more information, see the links below. 

Forests & Finance

Banks and beef

Banks and palm oil

Banks and pulp & paper

Banks and biomass

Forest & Finance Policy Assessment 2022: Overall scores

BankLast update
Country
Score
Ranking
Details
JPMorgan Chase
2022-09-27
USA
2.1
Follower 2.1
Explanation

A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

Forest & Finance Policy Assessment 2022: Beef

BankLast update
Country
Score
Ranking
Details
JPMorgan Chase
2022-09-29
USA
1.7
Follower 1.7
Explanation

A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

Forest & Finance Policy Assessment 2022: Palm Oil

BankLast update
Country
Score
Ranking
Details
JPMorgan Chase
2022-09-29
USA
5.6
Front runner 5.6
Explanation

A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
Tracking the NZBA

Tracking the Net Zero Banking Alliance

JPMorgan Chase is a member of the Net Zero Banking Alliance (NZBA) and has therefore committed to reduce its financed emissions to net zero by 2050; within 18 months of joining the alliance set interim targets for 2030 (or sooner) for high emission priority sectors, and within 36 months set further sector targets; set new intermediary targets every 5 years from 2030 onwards; annually publish data on emissions and progress against a transition strategy including climate-related sectoral policies; and take a robust approach to the role of offsets in transition plans. BankTrack track's implementation of these commitments in the NZBA compliance tracker.

 

Tracking NZBA banks commitments
Banks and Russia

Banks and Russian Aggression in Ukraine

BankTrack is keeping track of the public response of JPMorgan Chase to Russia's illegal invasion of Ukraine. JPMorgan Chase did not publicly condemn the war. JPMorgan Chase is considered by Leave-Russia.org to be "scaling back" its operations in Russia. We categorise its exposure to Russia as moderate. JPMorgan Chase supports the Russian fossil fuel industry through investments, loans, and underwriting. For further details, see the table linked below.

Bank responses to Russia's invasion of Ukraine
Banks and Steel

Banks and Steel

As part of the Net Zero Banking Alliance (NZBA), JPMorgan Chase is required to set interim targets for 2030 for high emission priority sectors. For JPMorgan Chase, this includes its lending to the steel sector. You can see JPMorgan Chase’s iron and steel decarbonisation targets, and its progress towards meeting them in our NZBA steel targets compliance tracker:

NZBA Iron & Steel Targets

Partner organisation Reclaim Finance’s 2023 report on metallurgical coal financing showed that JPMorgan Chase provided US$ 5.9 billion in loans and underwriting to developers of new metallurgical coal between 2016 and 2022. Find further details on JPMorgan Chase’s metallurgical coal financing and and how it compares to other large banks globally in the report.

Reclaim Finance tracks the metallurgical coal policies of financial institutions, including banks, in their Coal Policy Tool. BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of JPMorgan Chase’s metallurgical coal policy below. 

According to a report by Reclaim Finance, between 2016 and June 2023, JPMorgan Chase provided $11.8 billion in finance to the fossil-steel industry, making it the 4th largest financier worldwide. Find further details on JPMorgan Chase's steel financing and how it compares to other large banks globally in the report. 

Metallurgical Coal Financing: Time to call it off 2023

Coal policy tool

Steeling our future: The banks propping up coal-based steel