Chubb & Chase

In the six years after the Paris Agreement was adopted in late 2015, JPMorgan Chase financed fossil fuels to the tune of $382 billion. Insurance giant Chubb is no better, as one of the top insurance providers to the oil, coal, and gas industry.

The week of May 16, thousands of investors will be voting on climate resolutions that govern the operations at Chase and Chubb. The climate resolutions call for an end to the financing of fossil fuel expansion beyond 2022.

Alongside dozens of other organizations, we are demanding that all US banks and insurance companies end all financial services for any company that is expanding its fossil fuel operations in 2022.

Can you send an email to the CEOs and executives of Chase and Chubb and make it loud and clear: they must end their support of corporations expanding their fossil fuel operations.

These resolutions are grounded in the best-available climate science. Yet, major banks and insurance companies such as Chase and Chubb fought hard to try and prevent their shareholders from even getting a vote on these critical climate resolutions.

Chase has now committed to achieving “net zero emissions” by 2050. Yet when it comes to allowing their shareholders to vote on resolutions that would force them to take meaningful climate action, they fight it every step of the way.

This highlights just how hypocritical these banks and insurance companies are.

Take two minutes to send an email to the CEOs of the world’s largest funders of the fossil fuel industry. Let them know: funding the continued growth of the fossil fuel industry will not be tolerated.

Join us in making our voices heard today.

In solidarity,
– the Stop the Money Pipeline Team

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