Activist and shareholder frustrations with JPMorgan Chase's funding of global climate catastrophe were on full display Tuesday during the multinational investment bank's virtual Annual General Meeting.

In a clear signal of support for reforming the lending practices of the world's largest private bank to ensure a habitable future planet, 49.6% of shareholders voted in favor of a resolution that asked JPMorgan to craft a plan to better align its operations with the Paris climate agreement's goal of limiting global temperature rise to 1.5°C.

Welcoming that vote in a statement Tuesday, Sierra Club campaigner Ben Cushing declared that "the days when Chase could quietly funnel money into the fossil fuel industry without the public taking notice are over." Read Full Article - Common Dreams, May 20, 2020