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	<author_name>Andrew Montes</author_name>
	<author_url>https://actionnetwork.org/users/as-you-sow/profile</author_url>
	<title>JPMorgan Needs a No Deforestation Policy </title>
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	<description>Tropical rainforests are home to the world’s greatest biodiversity, to millions of indigenous peoples, and are essential to maintaining a stable climate. Today, our rainforests are facing greater threats than ever – and the big fund companies like JPMorgan that are complicit in the destruction are dragging their feet. JPMorgan has big investments in companies like Sysco, Tyson, Hormel and Noble Group that grow, trade or use palm oil, beef, rubber and soy in their products but have failed to eliminate deforestation from their operations. This means JPMorgan has a key role to play in voting for No Deforestation policies at these companies and engaging with company management to make sure these policies are implemented. In order to do that, JPMorgan needs to a No Deforestation Policy. Tell JPMorgan to adopt a No Deforestation Policy! JPMorgan is built on a model of investment where the firm invests in virtually every public company in the world through passive funds – meaning it gives up any control over what those companies do. Despite its huge investments in both fossil fuels and the companies responsible for the global deforestation crisis, JPMorgan has taken no responsibility for the destruction these companies cause to our forests, our climate, and the rights of communities. Large fund companies like JPMorgan have the power move the entire market and play a crucial role in averting catastrophic climate outcomes, and instead finance the transition to a livable planet. But they won’t do it without pressure from us. Urge JPMorgan to adopt a No Deforestation Policy!</description>
	<url>https://deforestationfreefunds.org/petitions/JPMorgan</url>
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