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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 51% 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 5.3e-05 tonnes CO2e per million USD invested, although specific total emissions figures 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 data and commitments. As of now, JP Morgan Asset Management has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other recognised frameworks. The absence of disclosed emissions data and reduction commitments suggests that the firm is still in the early stages of formalising its climate strategy. The lack of detailed emissions reporting highlights a broader industry context where financial institutions are increasingly pressured to enhance transparency and accountability regarding their environmental impact. As a subsidiary, JP Morgan Asset Management may align its climate commitments with those of its parent company, JPMorgan Chase & Co., which has made strides in sustainability and climate action.
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.
JP Morgan Asset Management 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.