TIMES RECORD • October 4, 2023
Demonstrators have been stationed outside L.L. Bean's flagship retail store for weeks, calling for the company to discourage Citibank from investing in new fossil fuel infrastructure or divest from them entirely. L.L. Bean partners with for their Bean Bucks Mastercard program. Citibank invested the second-largest amount between 2016 and 2022, topped only by JP Morgan Chase — $332 billion. Jason Sulham, manager of public affairs at L.L. Bean, said Citibank is “helping to increase the scale of our environmental initiatives. As such, we believe it is decidedly a net positive for our stakeholders that no current alternative can provide.”