JPMorgan Chase & Co

JPMorgan Chase & Co's reported carbon emissions

JPMorgan Chase & Co., headquartered in the US and operating in financial intermediation services, has outlined comprehensive climate commitments and provided emissions data for several years. For **2024**, the company reported total Scope 1 emissions of approximately 100,024,000 kg CO2e and Scope 2 emissions of about 6,806,000 kg CO2e (market-based). In **2023**, total Scope 1 emissions were approximately 115,294,000 kg CO2e, with Scope 2 emissions at about 3,642,000 kg CO2e (market-based). For **2022**, JPMorgan Chase reported Scope 1 emissions of around 88,553,000 kg CO2e, Scope 2 emissions of approximately 5,050,000 kg CO2e (market-based), and Scope 3 emissions of about 407,293,000 kg CO2e, primarily from business travel. In **2021**, Scope 1 emissions were approximately 84,911,000 kg CO2e, Scope 2 emissions were around 6,280,000 kg CO2e (market-based), and Scope 3 emissions were approximately 167,863,000 kg CO2e (business travel). JPMorgan Chase has established a net-zero emissions goal by 2050. Furthermore, the company has committed to reducing its Scope 1 and Scope 2 greenhouse gas emissions by 40% by 2030, using a 2017 baseline. Specific sector targets include a 45% reduction in carbon intensity for the Oil & Gas sector and a 69% reduction for the Electric Power sector by 2030, both from a 2019 baseline. The company also aims to remove and durably store one ton of CO₂ for every ton of unabated direct operational emissions by 2030.