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Sustainability

Creating solutions that protect the environment and grow the economy.

Our Commitment to Sustainable Development

In 2020, our firm set a target to finance and facilitate $200 billion to drive action on climate change and advance sustainable development. We are proud to report we exceeded our 2020 sustainable development target and facilitated more than $220 billion in transactions during the year, including more than $55 billion toward green initiatives.

Now, we have raised the bar for ourselves: JPMorgan Chase aims to facilitate more than $2.5 trillion over the next 10 years to address climate change and contribute to sustainable development, including $1 trillion for green initiatives.

Our sustainable development activities are focused in three areas:

  • Green: Supporting climate action, with the goal of accelerating the deployment of solutions for cleaner sources of energy and facilitating the transition to a low-carbon economy
  • Development Finance: Mobilizing capital to advance the United Nations Sustainable Development Goals (SDGs) in emerging economies
  • Community Development: Advancing economic inclusion in developed markets 

 

Sustainability Strategy

Sustainability Strategy

JPMorgan Chase is in a unique position to leverage our core expertise in the financial markets to promote sustainable business.

Our Paris-Aligned Financing Commitment

In October 2020, JPMorgan Chase announced we are adopting a financing commitment that is aligned to the goals of the Paris Agreement. As part of our strategy, we intend to help clients navigate the challenges and capitalize on the long-term economic and environmental benefits of transitioning to a low-carbon world.

As part of this commitment, we are launching the Center for Carbon Transition (“CCT”) to provide clients in the Corporate & Investment Bank and Commercial Banking with centralized access to sustainability-focused financing, research and advisory solutions. The CCT will also engage clients on their long-term business strategies and related carbon disclosures.

We are also expanding upon our 100 percent renewable energy target by committing to become carbon neutral in our operations beginning in 2020.

For more information read our full press release, as well as this article from Daniel Pinto, co-President and COO of JPMorgan Chase and CEO of its Corporate & Investment Bank, and Ashley Bacon, Chief Risk Officer of JPMorgan Chase & Co.









Our Operational Impact

Minimizing the environmental impact of our physical operations continues to be an important part of the global sustainability strategy at JPMorgan Chase. We will meet our 100 percent renewable energy commitment in 2020 by generating and purchasing energy and corresponding RECs in an amount equivalent to the total megawatt hours of electricity that JPMorgan Chase consumes globally over the year.

Expanding upon our 100 percent renewable energy target, we commit to become carbon neutral in our operations beginning in 2020. This commitment will cover all of JPMorgan Chase’s direct carbon emissions from our corporate buildings and branches, indirect emissions from the generation of purchased electricity, and emissions from employee travel.

Milestones

JPMorgan Chase has a history of advancing environmentally sustainable solutions and integrating sustainability into the firm's culture. Below are some of our notable milestones.

Additional Resources

Environmental Social and Governance Report 2019

 

Environmental, Social & Governance Report

JPMorgan Chase manages a broad range of ESG matters. This report provides information about our approach to and performance on ESG matters that we and our stakeholders view as among the most important to our business.

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TCFD Climate Report 

Climate change is an important global challenge. This report discusses JPMorgan Chase’s approach to managing climate-related risks and opportunities.

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Environmental and Social Policy Framework

Environmental and social issues are an important component of our risk management process. The Environmental and Social Policy Framework provides an overview of how the firm approaches these issues across its business.

Memberships and Commitments

These relationships enable us to deepen our expertise, drive improved sustainability performance and create new sustainability opportunities for our clients.

NatureVest

NatureVest is an initiative of The Nature Conservancy, focused on developing a pipeline of investable deals that deliver both meaningful conversations results and financial returns for investors.