Stand with St. James

Last month, community members in St. James parish, Louisiana filed a civil rights lawsuit against local government officials for years of intentionally approving enormous industrial facilities in the majority Black districts in the parish, the heavily industrialized area known as “Cancer Alley.”

Meanwhile, the parish continues to face another threat from Formosa Plastics’ proposed $12 billion, 2,400-acre petrochemical complex. The project would increase local pollution by 800 tons annually, increase greenhouse gas emissions by 13.6 million tons annually, and destroy the burial grounds of enslaved ancestors of some of the current population of St. James Parish.

And guess who holds shares in Formosa Plastics? JP Morgan Chase.
Sign here to demand JPMorgan Chase denounce, divest and defund Formosa Plastics’ toxic and racist petrochemical complex!

Formosa Plastics cannot be trusted. Formosa Plastics has a track record of legal violations – from dumping mercury-laced waste in Cambodia to poisoning fish in Vietnam to releasing plastic pellets into the Texas Gulf – as well as deadly explosions. More plastic production is the last thing we need.

In media statements, leaders from Chase have claimed they are on target to finance $800 billion in green initiatives by 2030. This is just more greenwashing. We are demanding that JPMorgan Chase walk their own talk by immediately stopping doing business with Formosa Plastics and all related entities.

Call out this toxic relationship and demand Chase cease all underwriting and asset management activities for Formosa Plastics!

Projects like this rely on financiers, and the urgency of the climate crisis and the health crisis in Cancer Alley means that JPMorgan Chase MUST do more to support healthy communities rather than contributing to a legacy of harm wrought on communities of color and our shared environment.

Join us in taking action to support our friends in St. James Parish right now: send a message to demand JPMorgan Chase divest from this toxic project.

In solidarity,
– the Stop the Money Pipeline team

PS: Want to read more about the civil rights lawsuit launched by residents of St. James parish? Read the article here.

Sent via ActionNetwork.org. To update your email address, change your name or address, or to stop receiving emails from Stop The Money Pipeline, please click here.