Was it the negative return or the potential lawsuits that is starting to turn this crazy climate leviathan around?
https://www.foxbusiness.com/politics/jpmorgan-chase-drops-out-of-massive-un-climate-alliance-in-stunning-move

JPMorgan Chase and institutional investors BlackRock and State Street Global Advisors (SSGA) announced that they are quitting or, in the case of BlackRock, substantially scaling back involvement in a massive United Nations climate alliance [Climate Action 100+] formed to combat alleged global warming through corporate sustainability agreements.

The stunning announcements come as the largest financial institutions in the U.S. and worldwide face an onslaught of pressure from consumer advocates and Republican states over their environmental, social and governance (ESG) priorities.

Climate Action 100+ was formally established in December 2017 at the U.N. as a way of aligning the world’s largest private sector financiers of greenhouse gas producers. Since the association was created, it has grown to include more than 700 financial institutions that are collectively responsible for a staggering $68 trillion in assets under management.

“ESG is an existential threat to American agriculture and small farmers. It must be stopped”, says Wilton Simpson, Florida Republican Agriculture Commissioner.

Video: GOP Commissioners launch probe of U.S. Banks over ESG
https://foxbusiness.com/video/6346019394112