JPMorgan Chase is a leading financier of factory farming, providing billions in support to major industrial livestock and feed companies - along with Bank of America and Citigroup, the three banks provided more half of $134 billion US bank financing to meat, dairy and feed corporations between 2016-2023. Its industrial livestock financing is linked to significant climate and biodiversity risks. While it has supported plant-based food innovation and conservation finance, it lacks an animal welfare policy and continues to finance factory farming at a large scale.
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