JP Morgan Asset Management Holdings Inc., a prominent player in the financial services industry, is headquartered in the United States. Founded in 1988, the firm has established itself as a leader in investment management, catering to a diverse clientele that includes institutions, individuals, and governments across major operational regions worldwide. Specialising in a wide array of services, JP Morgan Asset Management offers investment solutions, wealth management, and retirement planning, distinguished by its innovative strategies and robust research capabilities. The firm is renowned for its commitment to delivering superior investment performance and client service, positioning itself as a trusted partner in navigating complex financial landscapes. With a strong market presence and a reputation for excellence, JP Morgan Asset Management has achieved significant milestones, including numerous industry awards and recognitions, solidifying its status as a top choice for investors seeking comprehensive asset management solutions.
How does JP Morgan Asset Management Holdings Inc.'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 Holdings Inc.'s score of 41 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, JP Morgan Asset Management Holdings Inc. reported total carbon emissions of approximately 13,468,000 kg CO2e globally, with Scope 1 emissions at about 843,000 kg CO2e and Scope 2 emissions at around 2,075,000 kg CO2e. In the US, the firm disclosed Scope 1 emissions of about 8,000 kg CO2e and Scope 2 emissions of approximately 3,000 kg CO2e, totalling around 11,000 kg CO2e for these scopes combined. The company has set ambitious climate commitments, including a target to reduce Scope 1 and Scope 2 emissions by 40% by 2030, using a 2017 baseline. Additionally, JP Morgan Asset Management is committed to achieving "Real Zero" by eliminating all Scope 1 and 2 emissions by 2045, with interim reduction targets of 82% by 2030, 87% by 2035, and 94% by 2040. This emissions data is cascaded from its parent company, JPMorgan Chase & Co., reflecting the broader corporate family's sustainability initiatives. The firm is actively working towards its long-term net zero targets, which were published on November 9, 2022, aiming for comprehensive reductions across all scopes by 2050.
Access structured emissions data, company-specific emission factors, and source documents
2023 | |
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Scope 1 | 843,000 |
Scope 2 | 2,075,000 |
Scope 3 | 10,551,000 |
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.
JP Morgan Asset Management Holdings Inc. 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.