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 56 is higher than 97% 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 significant carbon emissions, totalling approximately 115,294,000 kg CO2e for Scope 1, 3,642,000 kg CO2e for Scope 2 (market-based), and 255,481,000 kg CO2e for Scope 3 emissions related to business travel. The company has set ambitious targets to reduce its greenhouse gas emissions, aiming for a 40% reduction in Scope 1 and Scope 2 emissions by 2030, using a 2017 baseline. This commitment is part of a broader strategy to achieve net-zero emissions across all scopes by 2050. In 2022, the emissions were reported as 88,553,000 kg CO2e for Scope 1, 5,050,000 kg CO2e for Scope 2 (market-based), and 407,293,000 kg CO2e for Scope 3. The company has made progress in its reduction initiatives, having previously achieved a 34% reduction in emissions from a 2005 baseline by the end of 2020. JPMorgan Chase's climate commitments include aligning its financing portfolio with the goal of limiting global temperature rise to 1.5 degrees Celsius, reinforcing its dedication to sustainable practices and the transition to a low-carbon economy. The firm is actively working towards these targets, with specific focus on key sectors such as Oil & Gas, Electric Power, and Aviation, among others.
Access structured emissions data, company-specific emission factors, and source documents
2010 | 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 | 000,000,000 |
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 | 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 participating in any of the initiatives that 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.