JPMorgan Chase & Co

JPMorgan Chase & Co. reported Scope 1 emissions of approximately 100,024,000 kg CO2e and Scope 2 (market-based) emissions of approximately 6,806,000 kg CO2e in 2024. This financial intermediation services company aims to reduce its Scope 1 and Scope 2 GHG emissions by 40% by 2030, using a 2017 baseline.

JPMorgan Chase & Co. is committed to achieving net-zero emissions across all scopes by 2050, aligning its financing portfolio with the 1.5-degree Celsius global goal. Additionally, the company has set a near-term target to reduce its Scope 1 and 2 emissions by 45% by 2030 from a 2019 baseline, and Scope 3 emissions by 29.5% by 2030 from a 2019 baseline. JPMorgan Chase & Co. is also targeting a 69% reduction in carbon intensity for its Electric Power sector and a 45% reduction for its Oil & Gas sector by 2030, both from a 2019 baseline. Another near-term target is to reduce Scope 1 and 2 GHG emission intensity in the Aluminum sector by 25% by 2030, from a 2021 baseline. The company also aims to remove and durably store one tonne of CO2 for every tonne of unabated direct operational emissions by 2030.