Executives from JPMorgan Chase and BlackRock are scheduled to speak about the need to slash planet-warming emissions next week in Bonn, Germany, at the United Nations annual conference on climate change.

Yet the financial giants continue to fund at least three companies that drill for oil in the Amazon rainforest, including on tracts of land contested by indigenous tribes, a report released Thursday found.

JPMorgan Chase, the largest U.S. bank by assets, holds nearly $113 million in combined debt and equity investments in South American oil and gas giant GeoPark, Canadian firm Frontera Energy Corporation and Chinese-owned Andes Petroleum, according to a 16-page report by Amazon Watch, a California-based conservation nonprofit. BlackRock, the investment behemoth, owns $567 million in stocks and bonds in GeoPark, Frontera and the two parent companies of Andes Petroleum.

The investments highlight the gap between how many major corporations including most big banks and financial firms spend their money and the public positions they take on climate change. In recent years, corporate giants have pledged to convert their operations to 100 percent renewable energy, issue sustainability reports and broadcast lofty statements in support of action to curb global warming. Executives make annual pilgrimages to global summits such as the World Economic Forum in Davos, Switzerland, and the U.N.s 23rd Conference of the Parties, held this year in Germany.

Like so many big businesses, JPMorgan Chase and BlackRock greenwash their activities rather than apply their resources to real solutions, Leila Salazar-Lpez, executive director of Amazon Watch, told HuffPost in a statement. Our report exposes their complicity in Amazon destruction, and we know savvy investors will respond accordingly, as weve seen in the massive divestment from fossil fuels and the financial institutions that bankroll them.