JPMorgan Chase & Co

JPMorgan Chase & Co. reported its 2024 Scope 1 emissions as 100,024,000 kg CO2e and Scope 2 (market-based) emissions as 6,806,000 kg CO2e. For 2023, the company's Scope 1 emissions were 115,294,000 kg CO2e and Scope 2 (market-based) emissions were 3,642,000 kg CO2e. In 2022, its Scope 1 emissions were 88,553,000 kg CO2e, Scope 2 (market-based) emissions were 5,050,000 kg CO2e, and Scope 3 business travel emissions were 407,293,000 kg CO2e.

JPMorgan Chase & Co. is committed to achieving net-zero emissions across all scopes by 2050, aligning with a 1.5 degrees Celsius global warming limit. The company has set a near-term target to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 40% by 2030, using a 2017 baseline. More recently, the company also aims to reduce Scope 1 and Scope 2 emissions by 45% from a 2019 baseline by 2030, and Scope 3 emissions by 29.5% by 2030, also from a 2019 baseline. Sector-specific targets include a 45% reduction in carbon intensity for the Oil & Gas sector and a 69% reduction in carbon intensity for the Electric Power sector by 2030, both from a 2019 baseline. The company also targets a 25% reduction in Scope 1 and 2 GHG emission intensity for the Aluminum sector by 2030, from a 2021 baseline. JPMorgan Chase & Co. is also committed to removing and durably storing one tonne of CO2 for every tonne of unabated direct operational emissions by 2030.