JPMorgan Chase & Co Sustainability Profile
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 55 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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JPMorgan Chase & Co's reported carbon emissions
In 2024, JPMorgan Chase & Co. reported total greenhouse gas emissions of approximately 106,830,000 kg CO2e, comprising 100,024,000 kg CO2e from Scope 1 and 6,800,000 kg CO2e from Scope 2 (market-based). In 2023, the emissions were about 118,936,000 kg CO2e, with Scope 1 emissions at 115,294,000 kg CO2e and Scope 2 emissions at 3,640,000 kg CO2e (market-based). The company has set a significant target to reduce its Scope 1 and Scope 2 emissions by 40% by 2030, using a 2017 baseline. JPMorgan Chase has committed to achieving net-zero emissions across all scopes by 2050, aligning with the Paris Agreement. This commitment includes a near-term goal to reduce Scope 1 and Scope 2 emissions by 40% by 2030, as well as a target to reduce Scope 3 emissions by approximately 29.5% by 2030. The company is actively working to align its financing portfolio with net-zero emissions outcomes, focusing on key sectors such as Oil & Gas, Electric Power, and Aviation. Overall, JPMorgan Chase's climate strategy reflects a robust approach to reducing carbon emissions and promoting sustainability within its operations and investment practices.
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| 2010 | 2011 | 2012 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 91,999,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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 | 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 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 140,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - |
How Carbon Intensive is JPMorgan Chase & Co's Industry?
How Carbon Intensive is JPMorgan Chase & Co's Location?
JPMorgan Chase & Co's Scope 3 Categories Breakdown
JPMorgan Chase & Co's Scope 3 emissions, which increased by 143% last year and increased by approximately 191% since 2010, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
JPMorgan Chase & Co's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
JPMorgan Chase & Co has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
