JPMorgan, Citi among firms facing potential divestment by Kentucky over energy 'boycott'
12 Articles
12 Articles
Kentucky Threatens to Divest From Banks Accused of Violating State's Ban on Fossil Fuel Boycotts
The Republican threatened to divest from financial institutions including JPMorgan Chase and Citigroup—widely accused of failing to meet even modest climate goals—under a state law banning "energy company boycotts."
Kentucky fires warning shot at finance firms BlackRock, JPMorgan to drop ‘energy company boycotts’
In 2022, red states divested nearly $4.3 billion in public funds from investment giant BlackRock alone, which was one of the 11 firms placed on the Kentucky treasurer's blacklist.
Kentucky treasurer says 11 banks subject to divestment due to energy company ‘boycotts’
Kentucky State Treasurer Allison Ball threatened to divest from 11 banks that have “boycotted” energy companies in press release published Tuesday. The Kentucky General Assembly passed a bill last year that directed the state treasurer to annually publish a list of financial companies that engage in energy “boycotts.” According to the press release, banks who…
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