Under Rising Pressure on Climate, JPMorgan Rejects Shareholder Calls to Disclose Full Carbon Footprint
DeSmog May 14, 2020 @ 14:44 America’s largest bank is shunning calls from shareholders to disclose its full emissions, despite warnings from its own economists that “catastrophic” climate change could end up threatening human life “as we know it.” JPMorgan Chase, which a coalition of U.S. environmental groups recently claimed is the world’s largest financer of fossil fuels, has instructed its shareholders to vote down a proposal for the bank to report the emissions of its lending activities at its upcoming annual general meeting (AGM) on May 19. Now treasurers from eight U.S. st...