JP Morgan Asset Management, a division of JPMorgan Chase & Co., is a leading global investment management firm headquartered in the United States. Established in 1864, the company has evolved into a powerhouse in the financial services industry, with a strong presence in North America, Europe, and Asia-Pacific. Specialising in a diverse range of investment solutions, JP Morgan Asset Management offers services in equity, fixed income, alternatives, and multi-asset strategies. Its commitment to innovation and client-centric approaches sets it apart in a competitive market. The firm is renowned for its robust research capabilities and risk management expertise, which contribute to its reputation for delivering consistent performance. With a significant market position, JP Morgan Asset Management has received numerous accolades, reflecting its dedication to excellence and leadership in the investment management sector.
How does JP Morgan Asset Management'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.
JP Morgan Asset Management's score of 27 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, JP Morgan Asset Management reported a carbon footprint of approximately 0.000053 tonnes CO2e per million USD invested, although specific total emissions data for Scope 1, 2, and 3 were not disclosed. The organisation is a current subsidiary of JPMorgan Chase & Co., which may influence its climate-related initiatives and reporting. As of now, JP Morgan Asset Management has not set specific reduction targets or climate pledges, and there are no significant achievements reported in terms of emissions reductions. The absence of detailed emissions data suggests a need for enhanced transparency and commitment to climate action within the asset management sector. Overall, while JP Morgan Asset Management is part of a larger corporate family that may have its own climate strategies, the lack of specific emissions data and reduction targets indicates an area for potential improvement in their environmental commitments.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
JP Morgan Asset Management has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.