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    JPMorgan Chase

    JPMorgan Chase Climate Action Is Vastly Insufficient

    JPMorgan Chase's February announcement of new, limited restrictions on its financing of certain kinds of fossil fuels in certain highly controversial extraction sites was a step in the right direction, but like many other financial institutions' commitments, it falls short. Notably, the bank's climate policy fails to outline measurable commitments...

    May 18, 2020
    2,450 views
    3 min read

    Investor Eye on the Amazon

    A primer for shareholders concerned about rainforest protection and human rights

    The Investor Eye on the Amazon newsletter serves as a resource for socially-responsible investors, industry analysts, and researchers looking to better understand the risks associated with financing climate-damaging industries in the Amazon, and what they can do to protect the region.

    Spring 2020
    4,181 views
    1 min read

    Goldman Sachs' Climate Action Is Not Enough

    "If Goldman truly wants to be a 'sustainability' leader, it must end corporate financing for fossil fuel expansion in the Amazon and around the world – particularly when that expansion happens on Indigenous territories."

    April 29, 2020
    5,623 views
    2 min read

    HSBC Must Step Up Its Climate Action and Stakeholder Participation

    "If HSBC truly wants to live up to its responsibility to communities and its pledge to a low-carbon economy, it must end corporate financing for fossil fuel expansion in the Amazon and around the world – particularly when that expansion happens on Indigenous territories."

    April 23, 2020
    5,581 views
    3 min read

    Citi's New Environmental and Social Policy Falls Short

    Citigroup's unambitious new policy, released just before its annual general meeting of shareholders, ignores the climate and Indigenous rights risks of oil drilling in the Amazon

    "If Citi truly cares about being a leader on climate and Indigenous rights, it must end corporate financing for fossil fuel expansion in the Amazon and around the world – particularly when that expansion is planned for the territories of Indigenous peoples."

    April 21, 2020
    6,251 views
    3 min read

    Amazon Watch is building on more than three decades of radical and effective solidarity with Indigenous peoples across the Amazon Basin.

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    Drilling in the Amazon? Global Financiers Say Yes

    TriplePundit | "The Amazon rainforest is crucial to climate stability, and oil drilling expansion is one of the greatest threats to it," said Moira Birss, campaign director of the finance program at Amazon Watch.

    March 23, 2020
    5,523 views
    3 min read

    New Report Highlights Links Between Big Finance and Amazon Crude

    Activists urged to Join the #StopTheMoneyPipeline to take on Wall Street!

    In our newest report, Investing in Amazon Crude, and activist guide, Building People Power to End Investment in Amazon Crude, Amazon Watch details the ways that five of the world's most powerful financial institutions – Citigroup, JPMorgan Chase, Goldman Sachs, HSBC, and BlackRock – actively contribute to climate change by providing debt and...

    March 12, 2020
    2,309 views
    3 min read

    U.S. Firms Bankroll Oil Extraction in the Amazon – Report

    E&E News | Major U.S. financial institutions are funneling billions of dollars into crude oil expansion in the western Amazon rainforest, according to a report released today that underscored Indigenous peoples' long-standing opposition to fossil fuel extraction on ancestral lands.

    March 12, 2020
    3,877 views
    4 min read

    Report: The Five Biggest Financiers of New Amazon Oil Boom

    BlackRock, Goldman Sachs, Citigroup, HSBC, and JP Morgan Chase defy their own commitments by backing dangerous oil and gas extraction in the western Amazon

    Oakland, CA – A report released today by Amazon Watch shows how five American and British financial institutions are actively accelerating climate change and human rights abuses by providing billions of dollars in debt and equity financing for crude oil extraction projects in the western Amazon. Already, millions of acres of the western Amazon...

    March 12, 2020
    4,282 views
    5 min read

    Building People Power to End Investment in Amazon Crude

    Building People Power to End Investment in Amazon Crude is a 4-page refresher for activists who want to better understand the role that major financial institutions play in escalating the climate crisis. It includes detailed data from the latest Amazon Watch research on the total debt and equity financing provided by five major firms to companies...

    March 2020
    3,478 views
    1 min read

    Investing in Amazon Crude

    The Network of Global Financiers and Oil Companies Driving the Amazon Toward Collapse

    This report outlines in detail the ways that five of the world's most powerful financial institutions are actively contributing to climate change by providing debt and equity financing for crude oil extraction projects in the Amazon. It highlights key examples of on-the-ground Indigenous resistance to oil extraction, which is not only terrible for...

    March 2020
    5,883 views
    3 min read

    BlackRock Responds to Demands for Stronger Climate Action with Bold New Commitments

    The company still remains the largest investor in coal, oil, gas, and the companies driving deforestation

    "This announcement is a major step in the right direction for BlackRock," said Moira Birss, Finance Campaign Director at Amazon Watch. However, It still leaves questions about how it plans to address the fact that it is the world's biggest investor in deforestation."

    January 14, 2020
    991 views
    3 min read

    The Climate Movement Is Going After Wall Street

    A new effort, Stop the Money Pipeline, aims to end the financing of fossil fuels

    A coalition of some of the nation's leading climate, youth, and Indigenous organizations launched a major new mobilization, Stop the Money Pipeline, that will pressure banks, insurance companies and asset managers to stop financing fossil fuels and deforestation and start respecting human rights and Indigenous sovereignty.

    January 10, 2020
    2,740 views
    7 min read

    Investors Boycott Brazil Over Amazon Deforestation Concerns

    Pressure mounts for Brazilian companies to become more compliant with ESG standards

    Financial Times | "Consciousness of environmental issues has risen a great deal," says Marcelo Seraphim, Brazil head of the UN-backed Principles for Responsible Investment. "It's become a question of survival in the global market. It is hard to survive if you are not considering ESG issues."

    December 6, 2019
    6,153 views
    4 min read

    Indigenous Groups Call Out the Financiers of Amazon Destruction at COP 25

    Compelling ad in the Financial Times' special COP supplement names and shames those profiting from Amazon destruction

    Today the Association of Brazil's Indigenous Peoples published an ad in the Financial Times calling out the worst offenders that finance Amazon destruction and making clear that, “the fate of the Amazon is the fate of the world.”

    December 5, 2019
    2,002 views
    2 min read

    We Made Our Voices Heard All Over the World – and We're Just Getting Started!

    Yesterday, demonstrators filled the streets for the Global Day of Action for the Amazon outside of Brazilian embassies and the offices of corporations profiting from Amazon destruction. In more than twenty countries across six continents, thousands of people marched, blocked traffic, displayed art, and held vigils, sit-ins, and other events to...

    September 6, 2019
    4,558 views
    1 min read

    Dirty Dozen Companies Driving Deforestation Must Act Now to Stop the Burning of the World's Forests

    Groups call for the immediate suspension of all business and financing with traders active in the Brazilian Amazon"The Amazon is on fire. Corporations share the blame. They need to become part of the solution."

    "Brazilian President Jair Bolsonaro certainly deserves the primary blame for the fires currently burning in the Amazon, given his violent, regressive, and racist policies and his explicit encouragement to ‘open the Amazon for business'. But multinational corporations helped create these conditions for profiteering at the expense of the lungs of...

    August 30, 2019
    6,406 views
    2 min read

    A Trump-Bolsonaro Free-Trade Agreement Is an Apocalyptically Bad Idea

    Op-ed by Andrew Miller of Amazon Watch

    The Hill | Proponents of the U.S. Brazil free trade agreement seem to be operating in an alternative universe, oblivious to or willfully ignorant of the environmental and social realities playing themselves out in Brazil.

    August 9, 2019
    5,214 views
    3 min read

    Connecting the Dots on the Financing of Climate Chaos

    Thirty-three of the world's biggest banks have poured a whopping $1.9 trillion into fossil fuels since 2016, and this financing continues to increase every year. That was a key finding of the Banking on Climate Change report, released yesterday by allies including Rainforest Action Network and Indigenous Environmental Network and endorsed by...

    March 21, 2019
    5,522 views
    3 min read

    GeoPark Fomenting Social Conflicts in Peru’s Amazon

    Washington, DC – A detailed new report published by the non-governmental organization Center for Public Policy and Human Rights (Equidad Perú) identifies the oil company GeoPark as responsible for dangerous divide-and-conquer strategies in the Peruvian Amazon. The company is also facing related criticisms of downplaying environmental concerns in...

    March 6, 2019
    6,514 views
    3 min read

    Defending Rights, Building Unity, and Protecting the Amazon Sacred Headwaters

    In the remote, roadless rainforest territories along the border between Ecuador and Peru, over a dozen indigenous nationalities have launched an initiative to permanently protect about 60 million acres from industrial extraction and stop the drivers of deforestation. Dubbed the Amazon Sacred Headwaters, the initiative seeks to present a united...

    February 12, 2019
    6,668 views
    6 min read

    Investor Eye on the Amazon

    The Investor Eye on the Amazon provides an update on our campaigns targeting corporations with ties to dirty industry in the Amazon, and it aims to serve as a resource for socially-responsible investors, industry analysts, and researchers looking to better understand the risks associated with investment in extractive industries - and their own...

    December 20, 2018
    1,437 views
    8 min read

    CalPERS Investment Policy Change a Win for Indigenous Peoples

    The California Public Employees’ Retirement System has quietly approved extensive changes to its Governance and Sustainability Principles, including a ground-breaking recognition of the right of indigenous peoples to free, prior, and informed consent (FPIC). CalPERS, the largest public pension in the U.S with $356 billion in assets under...

    July 13, 2018
    5,888 views
    1 min read

    Building Power: Telling Stories of Resistance and Resilience to a Global Audience

    When Gloria spoke to shareholders, the room paid rapt attention. Many had never heard an indigenous person speak about the impacts that oil drilling and climate change would have on their way of life. An issue that had seemed abstract became real, and the impact of their investment decisions gained a human face. Creating this personal connection...

    June 1, 2018
    1,836 views
    3 min read

    Global Campaign Exposes BlackRock for Devastating Climate Impacts of Investments

    Campaigners urge CEO Larry Fink to heed his own words and define BlackRock's social purpose

    New York, NY – Some of the country's largest environmental and human rights groups issued a challenge to BlackRock at its annual shareholder meeting yesterday, daring the world's largest asset manager to take greater leadership on climate change following ambitious statements by BlackRock's CEO calling on corporations to pursue ends beyond pure...

    May 24, 2018
    3,819 views
    3 min read

    The Erin Brockoviches of Ecuador

    For these women, environmentalism and women's rights are closely linked: Past drilling projects have resulted in increased assaults, cancer, and infertility.

    The New Republic | By fighting to protect their traditional land, indigenous women are making an innovative argument that the lives of the people and the wellbeing of the environment are inextricably linked – and a battle for one is a battle for the other.

    May 18, 2018
    2,176 views
    6 min read

    Chase AGM: Dozens of Indigenous and Frontline Community Representatives Call for an End to Bank Financing of Extreme Fossil Fuels

    Delegates from Canada to Ecuador and across the U.S. travel to Texas to deliver open letter to Chase shareholders

    The quickly growing international campaign pressuring JPMorgan Chase to end its massive funding of extreme fossil fuels continued to escalate today as a delegation representing Indigenous and nonindigenous communities from Canada to Ecuador and across the U.S. gathered at Chase's annual shareholder meeting in Plano, Texas.

    May 15, 2018
    2,281 views
    11 min read

    Spring 2018 Investor Eye on the Amazon

    A primer for shareholders concerned about rainforest protection and human rights

    The Investor Eye on the Amazon provides an update on our campaigns targeting corporations with ties to dirty industry in the Amazon, and it aims to serve as a resource for socially-responsible investors, industry analysts, and researchers looking to better understand the risks associated with investment in extractive industries - and their own...

    Spring 2018
    1,479 views
    7 min read