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#jpmorganchase

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Benjamin Carr, Ph.D. 👨🏻‍💻🧬

Six #Senators accuse #JPMorgan’s #JamieDimon of backtracking on #climate commitments
Although a climate-disrupted world demands stronger action by the financial sector to reduce #emissions and protect nature, the Wall Street firm is heading in the opposite Demanding clarification about intentions of world’s biggest #bank. #SenatorWarren: “If #JPMorganChase has misled #investors and the public, both #Congress and regulators have a range of tools to respond as necessary.”
theguardian.com/business/artic

JPMorgan’s CEO Jamie Dimon
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JdeB

363 #ClimateAction #Amazon #Petition #350 [1]

Apart from all the usual existential threats to "the lungs of the world" * there is a new very dangerous threat: drilling for natural gas. They call it clean, and they are partly right. A natural gas plant is cleanER than a coal plant. But it's still burning dino's and producing CO2.
There is an added danger to it, though: searching for and drilling for LNG and the transport causes massive leakage of methane. A gas that's almost 6 times more devastating to the climate than CO2. Directly and very much worse for the vast and diverse ecosystem of a rainforest
Changes in the energy market made searching and drilling for LNG much more profitable, and propagating LNG as "clean[er]" makes investing even more profitable.

About the petition:
STOP FUNDING AMAZON DESTRUCTION
#Citibank, #JPMorganChase, #ItaúUnibanco, #Santander, #BankOfAmerica and #HSBC have poured at least USD $20 billion into fossil fuel projects in the Amazon. These six banks alone are behind half of all the funding towards destructive oil and gas exploration in the rainforest.
They have promised to take action for the climate, preserve biodiversity and protect human rights. But in reality, their money is the driving force behind the destruction.
They are funding drilling which is threatening to turn the Amazon into a dry savannah. Their money is behind the threats faced by Indigenous and traditional communities there.
We cannot accept that these banks profit from claiming to be sustainable but do the opposite.
Sign the petition to demand they end investments in oil and gas exploration in the Amazon.

act.350.org/go/419209?t=8&akid

For the full petition text see:
363 #ClimateAction #Amazon #Petition #350 [2]

* has it occured to you that 'we' don't name the Amazon like that since decades?

act.350.orgAn Amazon free from oil and gasOut of the more than $20 billion invested, 46% of all direct financing for oil and gas exploration in the Amazon comes from just six banks: Citibank, JPMorgan Chase, Itaú Unibanco, Santander, Bank of America, and HSBC. We cannot accept that these banks profit from saying they are sustainable while, in fact, they profit from investing in oil and gas in the Amazon. It is the billions coming from these banks that finance the continuous threats that indigenous and traditional communities in the Amazon are suffering. These billions should be invested to decarbonize and promote a fair energy transition in the Amazon, instead of turning it into a carbon bomb. "We cannot see the Amazon merely as a major commercial product. It is unacceptable that oil and gas exploration projects are valued more than human life." - Chief Ninawa Inu Bake Huni Kui, leader of the Huni Kui people It's time to stop this financing. Sign the petition and demand that banks immediately end their investments in oil and gas exploration in Amazon!
#TakeCareForLife#TakeCareForEarth#StopBurnigThings
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beSpacific

#AI in #Banking & #Finance, 6/15/24. Sabrina I. Pacifici highlights news, govt reports, NGO/IGO papers, industry white papers, academic papers, speeches AI’s fast paced impact on #banking & #finance sectors. 5 highlights from this post: Financial regulators have ‘insufficiently’ addressed #hedgefunds’ use of AI; 2024 Conference on Artificial Intelligence & #FinancialStability; Two AI Truths and a Lie; Simple #Macroeconomics of AI; Rise of AI at #JPMorganChase llrx.com/2024/06/ai-in-banking #economics

www.llrx.comAI in Banking and Finance, June 15, 2024 – LLRX
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PrivacyDigest

#JPMorganChase is About To Let #Advertisers Target Customers Based on Their Spending - Slashdot

the new program is called #ChaseMediaSolutions and "serves as a key conduit for brands, connecting them with consumers' personal passions and interests.
#privacy #advertising #chase #jpmorgan

slashdot.org/story/24/04/03/15

slashdot.orgJPMorgan Chase is About To Let Advertisers Target Customers Based on Their Spending - Slashdotsmooth wombat writes: Chase bank announced a new program that will allow brands to target Chase customers based on the customer's purchases. According to the press release, the new program is called Chase Media Solutions and "serves as a key conduit for brands, connecting them with consumers' perso...
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