"The lending and underwriting decisions of commercial banks play a critical and urgent role in ensuring that we all have a just and sustainable economy and planet. Achieving a net-zero emissions future will be as challenging as it is essential, which is why banks must get started on both decarbonizing and aligning their financing portfolios with the most ambitious goals of the Paris Agreement. JPMorgan Chase is taking an important step today by aligning three pivotal high-emitting sectors with the Accord’s goals. It will be equally important for the bank to build on its commitment through its forthcoming 2030 goals and to ultimately extend it to its entire financing portfolio."
- Mindy Lubber, Ceres CEO and President