JPMorgan Chase oplyser, at banken flytter sin udlåns-portefølje væk fra fossile brændstoffer efter mange års pres fra aktionærer og miljøaktivister, skriver financial Times:

JPMorgan Chase says it’s shifting its financing portfolio away from fossil fuels after dealing with years of stress from shareholders and environmental activists.

The US financial institution on Tuesday known as for its purchasers within the oil and gasoline, electrical energy and automotive sectors to scale back emissions by 2030 and vowed to minimize its publicity to firms that don’t align their operations with the Paris local weather accord.

The announcement adopted longstanding criticism from activists who’ve focused JPMorgan. This yr the financial institution mentioned it could exchange Lee Raymond, the previous chief govt of ExxonMobil, as lead impartial director, in a transfer heralded as a win by sustainable funding advocates.

“Today’s announcement is significant,” mentioned Alec Connon of the Stop the Money Pipeline Coalition. “The world’s largest lender to the fossil fuel industry has clearly signalled that the fossil fuel game is coming to an end.”

However, he added: “If Chase is serious about its climate commitments, it’ll need to quickly follow this up with policies that prohibit all lending to coal companies and companies still expanding fossil fuel production.”

Selv skriver JPMorgan: “As part of its commitment, JPMorgan Chase will establish intermediate emission targets for 2030 for its financing portfolio and begin communicating about its efforts in 2021. The Firm will focus on the oil and gas, electric power and automotive manufacturing sectors and set targets on a sector-by-sector basis.”

https://www.ft.com/content/e1be8a23-1c80-43dd-be7b-18636ff61c46

JPMorgan Chase promises to shift portfolio away from fossil fuels

https://www.jpmorganchase.com/news-stories/jpmorgan-chase-adopts-paris-aligned-financing-commitment