JPMorgan Chase & Co., commonly referred to as JP Morgan Chase, 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, JP Morgan Chase 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, credit cards, and wealth management, distinguished by its commitment to innovation and client service. As one of the largest banks in the world by assets, JP Morgan Chase consistently ranks among the top financial institutions, recognised for its robust market position and significant contributions to the global economy.
How does JP Morgan Chase'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 Chase's score of 23 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, JP Morgan Chase has not publicly disclosed specific carbon emissions figures for the most recent year. Consequently, there are no absolute emissions numbers to report, including Scope 1, 2, or 3 emissions. However, JP Morgan Chase has made significant climate commitments aimed at addressing climate change and reducing their overall carbon footprint. The bank has set ambitious targets to enhance sustainability within its operations and investments, although specific reduction targets or initiatives have not been detailed in the provided information. In the context of the financial industry, JP Morgan Chase's climate commitments reflect a growing trend among major corporations to prioritise environmental responsibility and align with global climate goals. The bank's efforts contribute to the broader movement towards achieving net-zero emissions and supporting the transition to a low-carbon economy.
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 Chase is not committed to any reduction initiatives 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.