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 66% 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, including Scope 1, 2, or 3 emissions, nor have they set formal reduction targets through initiatives such as the Science Based Targets initiative (SBTi). The absence of emissions data suggests that the bank may still be in the process of establishing comprehensive climate commitments or reporting frameworks. While no specific reduction initiatives or climate pledges have been detailed, JP Morgan Chase operates within an industry increasingly focused on sustainability and carbon neutrality. The financial sector is under growing pressure to enhance transparency regarding climate impacts and to adopt ambitious targets for emissions reductions. In summary, without specific emissions data or reduction targets, JP Morgan Chase's current climate commitments remain unclear, reflecting a broader trend in the financial industry towards improved environmental accountability.
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.
