shareholder resolution · 2026
Missionary Association of Mary Immaculate at JPMorgan Chase & Co.
Asked the board to analyse and report to shareholders, at reasonable cost and omitting confidential information, on how JPMorgan Chase's lobbying and public policy advocacy align with its stated public policy positions, covering both direct lobbying and indirect advocacy through trade associations and politically active social welfare organizations, and the criteria used to judge alignment.
What happened
Result: Voted on as Proposal 6 at the annual meeting of 19 May 2026 and not approved: 254,439,951 votes for (13.20%), 1,646,771,508 against (85.41%), 26,916,849 abstaining (1.39%) and 356,294,369 broker non-votes. Support has fallen across the decade at this company: a 2023 proposal on the congruence of political and electioneering expenditures drew 31.61%, and American Banker reports that roughly the same proposal drew 29.5% in 2021.
We found no documented change to JPMorgan Chase's lobbying disclosure practices that any source we opened attributes to this vote. The board told shareholders that it already provides detailed disclosures about its lobbying activities, trade association memberships and oversight practices, so the report would add nothing meaningful and would incur unnecessary expense.
JPMorgan shareholders reject call for more lobbying disclosures, American Banker
Who is involved
- Missionary Association of Mary Immaculate filer
- JPMorgan Chase company
What this campaign is about
- Public access to information Necessary · UN Sustainable Development Goals
- Effective, accountable, transparent institutions Necessary · UN Sustainable Development Goals
- Communicates transparently Pivotal · JUST Capital
- Political Voice Necessary · Doughnut Economics