Protest JP Morgan Chase's Annual Shareholders Meeting

Start: Tuesday, May 15, 2018 9:00 AM

End: Tuesday, May 15, 201812:00 PM

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JPMorgan Chase (JPMC)--the biggest financier of extreme fossil fuels on Wall Street-- is bringing it’s top executives and shareholders to Dallas-Ft. Worth area.

Join us as we rally outside Chase’s Annual Shareholder Meeting in Plano, Texas.

Chase is already the top Wall Street financier of community and climate destruction, but the bank has doubled down, increasing its investments in devastating fossil fuels by over $4 billion last year. Chase is putting bankers’ bonuses ahead of supporting communities and the planet.

In 2017 Chase loaned $7 billion to tar sands corporations, including the Teck Frontier Resources mine in Alberta as well as the active pipeline projects at Line 3, Keystone XL & Trans Mountain. Chase has also bankrolled over $2 billion to coal companies and $440 million to liquefied natural gas companies. Not only is Chase ignoring the demands of the planet itself, but they are steamrolling the demands of their own shareholders.

Chase is currently pleading with the Security Exchange Commission to allow them to block its own shareholders from introducing and voting on a resolution that would force the bank into completing a study into the financial, reputational and climate risks associated with its investments in tar sands. Meanwhile Chase CEO Jamie Dimon is putting out his own fake news by claiming to support the Paris Accord’s ambitions of keeping global temperature increases under 1.5°C.

Tar Sands mining is one of the worst types of oil extraction for the climate, and has contaminated the drinking water and food sources of many First Nations peoples in Canada. JPMorgan Chase continues to fund dirty tar sands pipeline projects despite public opposition exposing Indigenous rights abuses. In the past year, JPMC quadrupled its financing of the sector.

The extraction, burning and waste disposal of coal remains one of the worst drivers of climate change, pollution and disastrous community health impacts. Since 2016, JPMC’s financing of coal mining has increased over 21 times despite commitments in 2015 to phase it out of the bank’s portfolio. That’s over 2,100%.

JPMC remains one of the top funders of Liquified Natural Gas (LNG) as well. LNG has a huge carbon footprint as it’s shipped all over the world, and its export terminals can put at risk the health, safety, and livelihoods of nearby coastal communities.

Bottomline: JPMorgan Chase is one of the most destructive businesses on the planet. That's why, we are calling for a National Day of Action on May 7th and protest of their Annual General Meeting on May 15, when we will take our fight to JPMorgan Chase’s front door. JPMorgan Chase & its CEO Jamie Dimon are funding destruction to our communities, we need to stand up and show them we won't tolerate threats to our clean water, clean air, and our human rights.

Join us as we rally to tell Chase that ENOUGH IS ENOUGH!

This is a peaceful demonstration. No firearms, weapons or masks are allowed.

Organized and endorsed by Rainforest Action Network, Society of Native Nations, 350 Dallas, Livable Arlington, Dallas Sierra Club, Downwinders at Risk, CODEPINK Dallas, Veterans for Peace Chapter 106, Dallas Peace & Justice Center, Southern Christian Leadership Conference, Big Bend Defense Coalition, Indivisible Denton, Waco Friends of Peace and Climate, Texas Drought Project,
Indivisible 121, System Change Not Climate Change, Solidarity, and more...