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.
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.
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.
JPMorgan Chase & Co's score of 50 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, JPMorgan Chase & Co. reported carbon emissions of approximately 13,468,000 kg CO2e globally, with Scope 1 emissions at about 843,000 kg CO2e and Scope 2 emissions at around 2,075,000 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050, aligning its financing portfolio with the goal of limiting global temperature rise to 1.5 degrees Celsius above pre-industrial levels. For the near term, JPMorgan Chase has committed to reducing its Scope 1 and Scope 2 greenhouse gas emissions by 40% by 2030, using a 2017 baseline. This commitment reflects the company's proactive approach to addressing climate change and reducing its carbon footprint. Historically, the company has shown a trend of decreasing emissions, with total emissions of approximately 898,642,000 kg CO2e in 2017, down to 805,694,000 kg CO2e in 2019. This reduction demonstrates a commitment to sustainability and responsible environmental stewardship. Overall, JPMorgan Chase & Co. is actively working towards significant emissions reductions and long-term climate goals, reinforcing its role in the financial sector's transition to a low-carbon economy.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2010 | 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 |
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 | 0,000,000 |
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 | 00,000,000 |
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.