rich 1.0 Action Network https://actionnetwork.org <link href='https://actionnetwork.org/css/style-embed-v3.css' rel='stylesheet' type='text/css' /><script src='https://actionnetwork.org/widgets/v6/petition/chase-bank-stop-funding-the-exploitation-of-people-and-planet?format=js&source=widget'></script><div id='can-petition-area-chase-bank-stop-funding-the-exploitation-of-people-and-planet' style='width: 100%'><!-- this div is the target for our HTML insertion --></div> Sunrise Newark https://actionnetwork.org/groups/sunrise-ud https://can2-prod.s3.amazonaws.com/petitions/photos/000/315/143/normal/chase_chart.png From more extreme hurricanes and wildfires to record temperatures, climate change is already here and will continue to worsen if governments and companies continue to adopt only half-hearted climate measures. One of these companies is JPMorgan Chase, the worst banker of fossil fuels in the world. As of the Rainforest Action Network's 2021 Banking on Climate Chaos Report and recent analysis, JPMorgan Chase has been the #1 banker of fossil fuels in the world each year since the Paris Agreement, providing $317 billion in fossil fuel financing since the Paris Agreement, a 33% margin overall over the second-placed bank; We're demanding that JPMorgan Chase: - Immediately end financial support for fossil fuel expansion. We demand that JPMorgan Chase publicly require that clients stop expanding the extraction, production or transportation of fossil fuels. - Phase out and prohibit financial support for all fossil fuels in line with a 1.5°C target. We demand that JPMorgan Chase publicly commit to a phase out for support of clients involved in extraction of fossil fuels, on a timeline compatible with limiting climate change to 1.5°C. - Phase out and prohibit financial support for deforestation. While JPMorgan Chase has committed to strengthening No Deforestation, No Peat, No Exploitation (NDPE) restrictions for palm oil, it has not extended these policies for all forest-risk commodities or to palm oil traders. JPMorgan Chase should extend NDPE policies to palm oil traders and all forest-risk commodities, including pulp and paper, beef, rubber, soy, and timber. - End support for projects and companies implicated in human rights abuses, especially Indigenous rights abuses, and ensure that respect for human rights — especially Indigenous rights, is a precondition for financing, including project and corporate lending and underwriting, and investment. - Take accountability for compliance. JPMorgan Chase should ensure that the implementation, monitoring and reporting of these policies are audited and verified through a permanent independent third-party mechanism. https://actionnetwork.org/petitions/chase-bank-stop-funding-the-exploitation-of-people-and-planet