Dear CII members,

Today Majority Action launched our public effort to hold JPMorgan Chase's board of directors accountable for the firm's outsized role in financing the expansion of fossil fuel use. At a time when all sectors must urgently decarbonize to meet the goals of net-zero carbon emissions by 2050 at the latest, JPMorgan Chase's actions exacerbate risks to the climate, its long-term shareholders, and the stability of the global financial system. We are seeking both structural and compositional reforms to JPMorgan Chase's board, advocating the removal of Lee Raymond, former ExxonMobil CEO -- and architect of that company's climate denial strategy -- and the establishment of an independent chair policy to bring much-needed oversight to CEO Jamie Dimon. 

Our filing with the SEC is here: https://www.sec.gov/Archives/edgar/data/19617/000138713120001193/jpm-px14a6g_021020.htm


Please do not hesitate to contact us if you have any questions regarding this effort.

Sincerely,

Lisa Lindsley
Director of Investor Engagement
Majority Action
+1.201.321.0301