John — we can't make this up.
U.S. banks like Citibank, Bank of America, JPMorgan Chase, and Wells Fargo are the biggest investors in climate-destroying fossil fuel projects in the entire world.1
And these four banks just refused to do the bare minimum to protect people and our environment.
Earlier this month, each of these big banks left the Equator Principles – a baseline industry framework banks have agreed on to reduce the harm caused by funding fossil fuel projects.2
These major banks should be breaking their ties with the dirty fossil fuel industry — not dropping their bare minimum commitment to the climate and the vulnerable communities impacted by their extractive financing deals. Add your name now and send a strong message to them!
Here’s the reality: While the climate crisis escalates and communities globally continue to be destroyed, big banks are financing climate chaos to rake in massive profits at the expense of the rest of us.
By leaving the Equator Principles, Citi, Bank of America, JPMorgan Chase, and Wells Fargo are sending yet another clear message that all they care about is boosting their bottom line — no matter the harm they cause.
We’ve had enough.
Thank you for taking action,
- Team 350
1 - CNN
2 - The Guardian