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Chase Bank largest US funder of Climate Change

Devin4Climate
New Arrival

The rapid rewards credit card is issued by JP Morgan Chase.  Chase is the largest US funder of extreme fossel fuels (tar sands, arctic drilling, coal mines...).  This is well documented by the rain forest action network at www.ran.org/bankingonclimatechange2019. 

 

My wife and I have divested all of our JP Morgan accounts and investments but we are holding off on our rapid rewards credit card because we hope for a different solution.  We love Southwest but changing cards will likely mean changing airlines.  If an alternative solution is not found we will also need to close that card. 

 

We would like to hear what the community recommends to convince Southwest to apply major pressure to JP Morgan Chase to change their unethical ways. 

 

Does anyone have a name of a corporate responsbility person at Southwest who may be able to help with this?

5 REPLIES 5

Re: Chase Bank largest US funder of Climate Change

SWDigits
Rising Star
You may to try searching on LinkedIn.

Southwest customer | Home airport DCA | Community Chamption

Re: Chase Bank largest US funder of Climate Change

dfwskier
Rising Star

My suggestion: buy some Southwest common stock, attend a stockholders meeting,  and make your point.

 

A better suggestion: buy some Chase stock, attend a Chase stockholders meeting, and make your point.

 

Southwest makes money by selling points to banks (and others), and will have a relationshp with the bank that pays the most for those points.

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Re: Chase Bank largest US funder of Climate Change

CareforNOLA
Active Member

One does not have to have a JP Morgan Chase card to fly SWA.  It just helps build up reward points.  

If you get an affinity card from another airline, you could still use it to book SWA tickets, and then you would get points on two airlines simultaneously.

 

But wouldn’t flying produce a large carbon footprint also?  I am just not sure that I follow the logic of divesting of Chase accounts, then flying on jet fueled transportation.  (But I have not had a chance to explore the links and information.)  Although it is still challenging and time-consuming to drive the US in an electric vehicle.

 

Personally I am looking forward to teleportation instead of flying but probably not in my lifetime.  In the meantime, I will enjoy being with the SWA crews who try to make flying as comfortable as possible.  It seems that you enjoy the airline also and may not want to switch airlines so perhaps a different credit card being used to buy SW flights is a good option.

Re: Chase Bank largest US funder of Climate Change

DancingDavidE
Top Contributor

There are several other cards that offer benefit for any flights purchased as a transportation catgegory. Check out some of the Amex offerings.

 

 

Home airport MDW, frequent visitor to MCO to see the mouse.

Re: Chase Bank largest US funder of Climate Change

DancingDavidE
Top Contributor

Back to the idea that Chase is not scoring well - looking through the rankings there don't seem to be many scores that are favorable, indicating the makers of this particular website seem to be of the opinion that the industry as a whole needs to change paradigm. 

 

Although I'm quite interested in sustainability and energy efficiency, and work professionally in that area, I don't see that I would be choosing a credit card based on this website necessarily.

 

 

Home airport MDW, frequent visitor to MCO to see the mouse.