{"id":330567,"date":"2024-05-30T08:09:12","date_gmt":"2024-05-30T06:09:12","guid":{"rendered":"https:\/\/climatescience.press\/?p=330567"},"modified":"2024-05-30T08:09:14","modified_gmt":"2024-05-30T06:09:14","slug":"cfact-squares-off-with-jp-morgan-ceo-at-shareholder-meeting","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=330567","title":{"rendered":"CFACT squares off with JP Morgan CEO at shareholder meeting"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From CFACT<\/a><\/p>\n\n\n\n

CFACT\u2019s Greg Neff directed a pointed question to CEO Jamie Dimon at a shareholder meeting on Thursday, May 23, taking aim at JP Morgan\u2019s involvement with the \u201cNet-Zero Banking Alliance\u201d (NZBA). NZBA is a network that represents 40% of the global banking institutions that have come together to commit to financing projects that will transition the world economy to net zero by 2050.<\/p>\n\n\n\n

\u201cAgriculture officials from at least 11 states have raised concern about JP Morgan\u2019s involvement with the Net-Zero Banking Alliance (NZBA), saying that the policies promoted by this group will likely lead to food shortages and huge price increases for consumers. Is it wise for this board to step outside its expertise and make commitments to push forward the NZBA\u2019s extreme agenda?\u201d Neff queried.<\/p>\n\n\n\n

It was immediately clear that this question had hit a nerve with the CEO. As it was read, Dimon gave a distinct sigh of annoyance and then proceeded to give an abbreviated non-answer that didn\u2019t address a single point made in the query.<\/p>\n\n\n\n

The CEO stated, \u201cWe dance to our own music here and we report that in our ESG report. Obviously, we care about the environment, farmers, and agriculture.\u201d ESG refers to the controversial Environmental, Social, and Governance score program that has become all the rage on Wall Street in recent years. This scoring system of companies and individuals rates their adherence to many of the Left\u2019s most sacred dogmas.<\/p>\n\n\n\n

In addition to the Q&A period, CFACT also used its position as a stock owner in the company to vote on various proposals. The first of note sought to have JP Morgan create a report evaluating potential humanitarian crises being fostered by the forced transition to \u201cgreen\u201d energy. CFACT voted in favor of it. The second proposal sought to give additional rights to indigenous tribes, or more accurately leftwing organizations acting in the name of indigenous tribes, to veto any funding for fossil fuel projects in the name of environmental racism. CFACT voted against this one. Both proposals were ultimately defeated, landing CFACT a mixed bag of results.<\/p>\n\n\n\n

CFACT will continue attending and reporting back on various shareholder meetings in which it holds shares. The broader implications of such engagements touch upon fundamental issues of environmental responsibility and economic viability. By challenging the radical left\u2019s influence, CFACT aims to promote a balanced approach to corporate decision-making.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

CFACT\u2019s Greg Neff directed a pointed question to CEO Jamie Dimon at a shareholder meeting on Thursday, May 23, taking aim at JP Morgan\u2019s involvement with the \u201cNet-Zero Banking Alliance\u201d (NZBA). NZBA is a network that represents 40% of the global banking institutions that have come together to commit to financing projects that will transition the world economy to net zero by 2050.<\/p>\n","protected":false},"author":121246920,"featured_media":330569,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691818724,691818229,691818124,691818154,691826789],"class_list":{"0":"post-330567","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-cfact","9":"tag-esg","10":"tag-jp-morgan","11":"tag-net-zero","12":"tag-net-zero-banking-alliance-nzba","14":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/0JP-Morgan-Q3-FY20-Earnings-Call-2048x1152-1.jpg?fit=2048%2C1152&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1nZJ","jetpack-related-posts":[{"id":336666,"url":"https:\/\/climatescience.press\/?p=336666","url_meta":{"origin":330567,"position":0},"title":"CFACT tells CEOs to stop appeasing radicals and get back to business","author":"uwe.roland.gross","date":"16\/07\/2024","format":false,"excerpt":"The pushback against ESG, or corporate environmental, social, and governance policies is fully on \u2014 and it\u2019s working.","rel":"","context":"In \"Climate Action 100+\"","block_context":{"text":"Climate Action 100+","link":"https:\/\/climatescience.press\/?tag=climate-action-100"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/07\/0NYSE-sunset-56a9a77d3df78cf772a940d1.jpg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/07\/0NYSE-sunset-56a9a77d3df78cf772a940d1.jpg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/07\/0NYSE-sunset-56a9a77d3df78cf772a940d1.jpg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/07\/0NYSE-sunset-56a9a77d3df78cf772a940d1.jpg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/07\/0NYSE-sunset-56a9a77d3df78cf772a940d1.jpg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":362875,"url":"https:\/\/climatescience.press\/?p=362875","url_meta":{"origin":330567,"position":1},"title":"Big banks\u2019 retreat from climate alliance an encouraging step toward dismantling ESG","author":"uwe.roland.gross","date":"21\/01\/2025","format":false,"excerpt":"In clear preparation for President Trump\u2019s second term, six of America\u2019s largest banks \u2013 Citigroup, Bank of America, Goldman Sachs, JPMorgan, Morgan Stanley, and Wells Fargo \u2013 have made an exodus from the leading woke climate alliance.","rel":"","context":"In \"America\u2019s largest banks\"","block_context":{"text":"America\u2019s largest banks","link":"https:\/\/climatescience.press\/?tag=americas-largest-banks"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/01\/00thumbnail-31-what-is-esg-1.jpg__1600x900_q85_crop_subsampling-2.jpg?fit=1200%2C782&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/01\/00thumbnail-31-what-is-esg-1.jpg__1600x900_q85_crop_subsampling-2.jpg?fit=1200%2C782&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/01\/00thumbnail-31-what-is-esg-1.jpg__1600x900_q85_crop_subsampling-2.jpg?fit=1200%2C782&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/01\/00thumbnail-31-what-is-esg-1.jpg__1600x900_q85_crop_subsampling-2.jpg?fit=1200%2C782&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/01\/00thumbnail-31-what-is-esg-1.jpg__1600x900_q85_crop_subsampling-2.jpg?fit=1200%2C782&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":300221,"url":"https:\/\/climatescience.press\/?p=300221","url_meta":{"origin":330567,"position":2},"title":"Agricultural officials raise concerns over big banks\u2019 ESG & climate agendas","author":"uwe.roland.gross","date":"07\/02\/2024","format":false,"excerpt":"Recent setbacks in the fortunes of ESG (environmental, social, and governance) investing have not kept a bloc of deep-pocketed financial institutions from adopting policies fundamentally at odds with farmers\u2019 ability to grow food, a coalition of state agricultural officials said in a Jan. 29 letter to six big banks.","rel":"","context":"In \"agricultural sector\"","block_context":{"text":"agricultural sector","link":"https:\/\/climatescience.press\/?tag=agricultural-sector"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/02\/0NZBA_lockup2.jpg?fit=1200%2C717&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/02\/0NZBA_lockup2.jpg?fit=1200%2C717&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/02\/0NZBA_lockup2.jpg?fit=1200%2C717&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/02\/0NZBA_lockup2.jpg?fit=1200%2C717&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/02\/0NZBA_lockup2.jpg?fit=1200%2C717&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":359936,"url":"https:\/\/climatescience.press\/?p=359936","url_meta":{"origin":330567,"position":3},"title":"Climate cartel frays as Goldman Sachs exits global Green Banking Alliance\u00a0","author":"uwe.roland.gross","date":"01\/01\/2025","format":false,"excerpt":"One month after the election of Donald Trump, and amid a deepening economic crisis in Europe, investment banking giant Goldman Sachs has broken ranks with a U.N.-sponsored coalition of high-end banks, dedicated to directing funds away from fossil-fuel projects worldwide.","rel":"","context":"In \"Decarbonization\"","block_context":{"text":"Decarbonization","link":"https:\/\/climatescience.press\/?tag=decarbonization"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/01\/0Wall-Street-Sign.jpg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/01\/0Wall-Street-Sign.jpg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/01\/0Wall-Street-Sign.jpg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/01\/0Wall-Street-Sign.jpg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/01\/0Wall-Street-Sign.jpg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":392563,"url":"https:\/\/climatescience.press\/?p=392563","url_meta":{"origin":330567,"position":4},"title":"Barclays follows HSBC in exit from banking industry\u2019s net zero\u00a0alliance","author":"uwe.roland.gross","date":"03\/08\/2025","format":false,"excerpt":"US banks have already pulled out of NZBA, the UN environment programme\u2019s finance initiative","rel":"","context":"In \"Barclays\"","block_context":{"text":"Barclays","link":"https:\/\/climatescience.press\/?tag=barclays"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/ChatGPT-Image-1.-Juni-2025-12_39_28.png?fit=1024%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/ChatGPT-Image-1.-Juni-2025-12_39_28.png?fit=1024%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/ChatGPT-Image-1.-Juni-2025-12_39_28.png?fit=1024%2C1024&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/ChatGPT-Image-1.-Juni-2025-12_39_28.png?fit=1024%2C1024&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":360119,"url":"https:\/\/climatescience.press\/?p=360119","url_meta":{"origin":330567,"position":5},"title":"It\u2019s a win: Bankers are backing away from the Monster Banking Climate Cartel","author":"uwe.roland.gross","date":"02\/01\/2025","format":false,"excerpt":"It\u2019s a good start to 2025 \u2014 just quietly, the money is exiting the Monster Banker Climate Cartel. Since the Trump win, the bankers are running away suddenly from the United Nations \u201cNet-Zero Banking Alliance\u201d (NZBA) which is a sub-part of GFANZ (the Glasgow Financial Alliance for Net Zero) \u2014\u2026","rel":"","context":"In \"Bank of America Corp\"","block_context":{"text":"Bank of America Corp","link":"https:\/\/climatescience.press\/?tag=bank-of-america-corp"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/01\/02-GFL-Noticia-Social-EN-13.jpg?fit=1200%2C628&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/01\/02-GFL-Noticia-Social-EN-13.jpg?fit=1200%2C628&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/01\/02-GFL-Noticia-Social-EN-13.jpg?fit=1200%2C628&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/01\/02-GFL-Noticia-Social-EN-13.jpg?fit=1200%2C628&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/01\/02-GFL-Noticia-Social-EN-13.jpg?fit=1200%2C628&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/330567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/users\/121246920"}],"replies":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=330567"}],"version-history":[{"count":2,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/330567\/revisions"}],"predecessor-version":[{"id":330570,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/330567\/revisions\/330570"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/media\/330569"}],"wp:attachment":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=330567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=330567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=330567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}