Big banks and insurance companies are ACCOMPLICES to the fossil fuel billionaires who are POISONING our air and water. Big Banks like JPMorgan Chase and insurance giant Chubb finance the new fossil fuel projects that are erupting across the world and leaving damaged communities in their wake. Corporate polluters and large financial institutions’ operations may not look the same, but their goals are virtually indistinguishable: maximize profit regardless of the price to people, wildlife, and our planet.
If we let them get away with this, the future looks grim: waters rising and wildfires raging through people’s homes, schools, and communities.
But early next week, these companies are holding their annual general meetings and in the leadup, the power of public pressure from people like you is amplified. At these meetings, investors will be voting on resolutions to END the financing of fossil fuel expansion beyond 2022. But measures to end funding for fossil fuels won’t pass unless executives hear from people like YOU.
Will you call on CEOs and other executives at Chase and Chubb to end their financial support for dirty energy projects?
We are inching closer to climate chaos every day. Sea ice is melting fast, hurricane season grows more intense every year, and the droughts in the West show no sign of slowing down. Every fossil fuel development that Chubb insures, and every dollar Chase sends to these projects digs the climate hole even deeper. It’s only a matter of time before we’re in too deep – and no small amount of the blame will be on big banks and insurance giants.
You hold more power over these corporations than you think. They are constantly testing for direction of public opinion – especially around their annual general meetings. These companies care about one thing: their bottom line. And if YOU help us build enough public pressure, we can make failing to end fossil fuel financing a threat to their bottom line.
Can I count on you to demand Chase and Chubb executives STOP funding fossil fuel projects that pollute our communities?
Standing with you,
Doug Norlen
Economic policy program director,
Friends of the Earth
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