cross-posted from Rising Tide Chicago
FOR IMMEDIATE RELEASE
May 17, 2021
Contact: Cailie Kafura, she/her pronouns, organizer, Rising Tide Chicago, firstname.lastname@example.org, 715-938-1563
The day before the JP Morgan Chase Annual General Meeting of Shareholders, Board Member James Crown awakens to activists calling him out for fossil fuel funding
CHICAGO, IL — Early this morning, activists from Rising Tide Chicago made a ruckus to awaken JPMorgan Chase Board member, James Crown, and neighbors, in their quiet Gold Coast neighborhood. James Crown is one of the bank’s executives responsible for allocating billions of dollars towards fossil fuel funding. This timely action comes one day prior to JPMorgan’s Annual Meeting for Shareholders. Activists unfurled a massive banner along the street in front of his home that stated, “James Crown Lets Chase Fund Climate Crisis”.
“The extractive industry is propped up by those who fund it, and those who fund it have names and addresses. Chase Bank’s executive James Crown has made the decision to invest in climate chaos and genocide, so we are making the decision to give him a wake up call.” – Cailie Kafura, organizer, Rising Tide Chicago (she/her pronouns)
The $317 billion Chase has poured into fossil fuels over the past four years has enabled pipeline construction that poisons Indigenous land and water, and increases sexual violence and murder of Indigenous women, girls, and two-spirit people. Over the past decade, pipeline projects have been responsible for spilling 800,000 barrels of oil in the U.S., with more hazards anticipated in the future if these projects continue. Environmental and Indigenous groups have been protesting against pipeline projects for decades, raising concern for their impacts on communities, ecosystems, and the climate.
“Corporations, especially banks and the fossil fuel industry, have placed the majority of the burden on us to reduce our carbon footprint to help solve the climate crisis. We are here today to hold these companies accountable and say no more. James Crown is in a position of power as a Chase board member and is therefore complicit in the destruction of our planet. We are here today to let him know that we are aware of his actions and to urge him to make future decisions based on planet over profit.” – Emily Murphy, organizer, Rising Tide Chicago (she/her pronouns)
Rising Tide Chicago uses direct action and education to confront the root causes of climate change, which include capitalism and white supremacy. Organizers target banks like Chase because without their funding, pipelines like Line 3 can’t be built. We urge readers to raise awareness and funds for the frontlines, and take action in solidarity with the Movement to Stop Line 3.