Financials

Call for JPMorgan transition plan garners 35% support at AGM

JP Morgan Chase & Co: The board advised shareholders to vote against the As You Sow proposal, arguing the bank’s 2022 climate report offered detailed information on its climate progress (Photo: Nina Westervelt/Bloomberg)

A proposal to disclose JPMorgan Chase’s climate transition plan was ultimately blocked but it received record support from shareholders as the large fossil fuel financer faces increasing pressure to solidify its environmental commitments.

JPMorgan Chase is the latest bank to fend off attempts to publish a climate transition ...

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