While JP Morgan Promises ‘Net Zero,’ Billions Flow To Big Oil

Assume you are an existing JP Morgan (JPM) customer, or you are interested in the bank’s sustainable-investment strategy. Googling the words “sustainable” and “JP Morgan” will bring up a number of blog posts from the JPM website, along with others on specialised media outlets that relay the company’s press releases.

One article published on the company’s website in October 2020 is titled “JPMorgan Chase Adopts Paris-Aligned Financing Commitment.”

The investment firm declared that it would align not only its investments but also its operational footprint with the Paris Climate Agreement.

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