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 43 is higher than 96% 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 total carbon emissions of approximately 7,169,820 kg CO2e, with Scope 1 emissions at about 8,000 kg CO2e and Scope 2 emissions at around 3,000 kg CO2e. This marks a significant reduction from previous years, reflecting the company's commitment to sustainability. JPMorgan Chase has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050. This goal aligns with the global target of limiting temperature rise to 1.5 degrees Celsius above pre-industrial levels. Additionally, the bank has committed to reducing its Scope 1 and Scope 2 greenhouse gas emissions by 40% by 2030, using 2017 as a baseline. Historically, the bank's emissions have shown a downward trend, with total emissions of approximately 898,642,000 kg CO2e in 2017, decreasing to 570,000,000 kg CO2e in 2022. This demonstrates a proactive approach to managing and reducing carbon footprints in the financial sector. Overall, JPMorgan Chase's initiatives reflect a strong commitment to addressing climate change and promoting a sustainable future.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2010 | 2011 | 2012 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|---|---|---|
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 |
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 |
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 |
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.