JPMorgan Chase announced its new “sustainability commitment” today after months of intense campaigning by RAN members, activists, and allies around the country. Want to know what they agreed to do? Take a look at the policy and see for yourself (its a PDF folks). Some highlights:

- JPMorgan Chase will convene a financial industry coalition to push the US government for a national global warming policy.

- JPMorgan Chase will add carbon disclosure and mitigation to its regular client review process, asking borrowers to report their climate impacts as a potential liability.

- JPMorgan Chase will initiate “no-go zone” restrictions in lending criteria for areas with high ecological values, where they will finance only preservation/nonextractive projects.

- JPMorgan Chase will support the rights of all indigenous peoples and require full consultation with communities before projects are approved.

As the Global Finance Campaign gains momentum, even the Wall Street Journal notes that “a shift in tactics by the environmental movement is paying off. Green groups have largely failed in efforts to lobby the Bush administration on oil drilling and other issues. So they are pressuring corporations directly, hoping to counter to business activity that could harm the environment.”

Aww, shucks! It’s nice of them to notice.