“JPMorgan Chase has been funding six of the top eight coal mining companies responsible for mountaintop removal coal mining in the United States. Recently, its investment bank underwrote more than $1 billion in new financing to Massey Energy, the largest mountaintop removal coal mining company.
“JPMorgan Chase states that its “environmental goal is to make a positive contribution to sustainable business practices by integrating environmental practices into our business model.” Yet, Massey Energy has a deplorable environmental record, having violated the Clean Water Act no fewer than 4,500 times – resulting in a $30 million fine in 2008.”
- Emmy-nominated actress and Vice Chair of the Board of Trustees of Waterkeeper Alliance Gloria Reuben discussing JPMorgan Chase’s shameful environmental record on the Huffington Post. We had no idea that the financial institution was so dirty! Gross! To learn more about why JPMorgan Chase gets a big thumbs down from Mother Earth, visit HuffingtonPost.com.