JPMorgan Chase Bank, National Association, commonly referred to as JPMorgan 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 bank has a rich history that dates back to the 19th century. With a strong presence in major operational regions including North America, Europe, and Asia, JPMorgan Chase operates within the banking and financial services industry. The bank offers a diverse range of core products and services, including investment banking, asset management, and consumer banking, distinguished by its commitment to innovation and customer service. As one of the largest banks in the world by assets, JPMorgan Chase consistently ranks among the top financial institutions, recognised for its robust market position and notable achievements in the sector.
How does JPMorgan Chase Bank, National Association'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.
JPMorgan Chase Bank, National Association's score of 29 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, JPMorgan Chase Bank, National Association reported significant carbon emissions related to its operations, although specific total emissions figures were not disclosed. The bank has committed to maintaining carbon-neutral operations since 2020, focusing on both Scope 1 and Scope 2 emissions. This commitment is set to continue through to 2025, ensuring that their operational footprint remains neutral. The bank's initiatives include a focus on reducing emissions from electricity consumption, with a reported emission factor of 115,400 kg CO2e associated with electric power usage. Additionally, they are addressing emissions from auto manufacturing, although specific figures for this category were not provided. JPMorgan Chase's climate commitments align with industry standards, emphasising the importance of sustainability in their operations. Their ongoing efforts reflect a proactive approach to climate change, aiming for net-zero emissions in the near term while maintaining transparency in their environmental impact.
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.
JPMorgan Chase Bank, National Association 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.