In 2005 PMorgan Chase became the third U.S. bank to adopt the benchmark Equator Principles (EP) for project finance; it also promised to create policies to promote sustainable forestry and protect indigenous people's rights and to cut its own-and its clients'-carbon-dioxide emissions.
Moreover, the bank extended the EP to include all loans, debt and equity underwriting, financial advisories and project-linked derivative transactions.
This makes JPMorgan Chase one of the most environmentally progressive banks on the planet.
Read the entire article here:
U. S. Banker | The Green Revolution