Jack, sign the petition: Demand JPMorgan Chase denounce, divest and defund from toxic and racist petrochemical complex.
SIGN THE PETITION
The Formosa Plastics’ “Sunshine Project” – a proposed $12 billion, 2,400-acre petrochemical complex slated to be built in St. James Parish, Louisiana – 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 area's current population.
Residents have called for an end to further industrializing the predominantly low-income and Black-populated area of Louisiana dubbed “Cancer Alley” for the effects of the over 200 industrial plants along an 85-mile stretch of the Mississippi – one of the most clear and harmful examples of environmental racism.
While JPMorgan Chase has committed to the United Nations Universal Declaration of Human Rights and the Principles of Responsible Investing and pledged a $30 billion Racial Equity Commitment for the United States, they still hold shares in Formosa Plastics and this project which relies on financiers like JPMorgan Chase.
It’s time for JPMorgan Chase to make more ethical and strategic investment decisions by supporting healthy communities rather than contributing to a legacy of harm wrought on communities of color in the United States and degrading our shared environment.
Sign now to demand JPMorgan Chase denounce, divest and defund Formosa Plastics’ toxic and racist petrochemical complex.
SIGN THE PETITION
Thanks for all you do,
Erin Tulley, Daily Kos
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