Going forward the bank should actually apply the Equator Principles, a voluntary credit risk management framework with a set of guidelines for environmental and social risk assessment in sustainable project finance activities.

FORBES: Is JPMorgan Chase America's New Bad Bank?

The SEC, he said, has often updated its assessment of what constitutes material risk for investors, beginning with new environmental criteria following the Love Canal toxic dump scandal of the late 1970s.

CENTERFORSECURITYPOLICY: Center for Security Policy | Their Finest Hour��: Financial Times Describes Emerging Forces in Global Finance and National Security/Human Rights Nexus