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 69% 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 disclosed specific carbon emissions figures, indicating a lack of recent emissions data. The bank has not set documented reduction targets or participated in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). Despite the absence of specific emissions data, JP Morgan Chase is expected to align with industry standards and commitments towards climate action. The bank's climate commitments may include efforts to enhance sustainability practices and reduce its overall carbon footprint, although specific initiatives or targets have not been detailed. In summary, while JP Morgan Chase has not provided concrete emissions data or reduction targets, it is anticipated that the organisation is working towards improving its environmental impact in line with broader industry trends.
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 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.