JPMorgan Chase & Co
JPMorgan Chase & Co., often referred to simply as JPMorgan, is a leading global financial services firm headquartered in the United States. Established in 2000 through the merger of J.P. Morgan & Co. and Chase Manhattan Corporation, the company has a rich history dating back to the 19th century. With a strong presence in North America, Europe, and Asia, JPMorgan operates across various sectors, including investment banking, asset management, and consumer banking. The firm is renowned for its comprehensive range of services, including commercial banking, financial transaction processing, and wealth management. What sets JPMorgan apart is its commitment to innovation and technology, enabling it to deliver tailored financial solutions to clients. As one of the largest banks in the world, JPMorgan Chase consistently ranks among the top financial institutions, recognised for its stability and leadership in the industry.
DitchCarbon Score
How does JPMorgan Chase & Co's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
JPMorgan Chase & Co's score of 46 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
JPMorgan Chase & Co's reported carbon emissions
In 2023, JPMorgan Chase & Co reported total carbon emissions of approximately 1,163,254,000 kg CO2e. This figure includes 115,294,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 792,479,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Additionally, Scope 3 emissions, which include all other indirect emissions, totalled 255,481,000 kg CO2e, primarily driven by business travel. Over the years, JPMorgan Chase has made significant strides in reducing its carbon footprint. The company has set a target to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 40% by 2030, using a 2017 baseline. This commitment reflects their broader strategy to align with the Paris Agreement and achieve net-zero emissions across all scopes by 2050. In 2022, the total emissions were approximately 936,030,000 kg CO2e, indicating a gradual increase in emissions over the years, with 2021 reporting about 911,910,000 kg CO2e. The company’s ongoing efforts to transition to a low-carbon economy are evident in their financing strategies, which aim to support sectors aligned with limiting global temperature rise to 1.5 degrees Celsius. JPMorgan Chase's climate commitments and reduction targets demonstrate a proactive approach to addressing climate change, positioning the firm as a leader in sustainable finance within the banking industry.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2010 | 2011 | 2012 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 91,999,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 1,227,396,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 |
| Scope 3 | 137,804,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
JPMorgan Chase & Co is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
