Our Commitment to Sustainable Development
JPMorgan Chase is committed to creating a more sustainable future for the employees, customers and communities it serves. That’s why we’re taking additional steps to address climate change and further promote sustainable development. In 2020, we commit to facilitate $200 billion to advance the United Nations Sustainable Development Goals, including $50 billion toward green initiatives that also fulfill our 2017 clean financing target.
This new commitment is intended to address a broader set of challenges in the developing world and developed countries where social and economic development gaps persist. We aim to increase our sustainable development financing commitment each year.
In 2020, the firm commits to facilitate $200 billion for efforts focused on the following objectives:
Supporting climate action, clean water and waste management
Increasing access to housing, education and health care
Advancing infrastructure, innovation and growth
Our Operational Impact
Renewable Energy by 2020
Minimizing the environmental impact of our physical operations continues to be an important part of our global sustainability strategy. In addition to reducing energy consumption by implementing energy-efficient lighting and other technologies, we are undertaking a range of actions to increase our support for renewable energy, including:
- Installing on-site renewable energy at retail branches and commercial buildings;
- Executing Power Purchase Agreements (PPAs) and green power supply contracts to support the development of new renewable energy projects on grids from which we purchase energy; and
- Purchasing Renewable Energy Certificates (RECs) to green our electricity supply.
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.
TCFD Climate Report
Climate change is an important global challenge. This report discusses JPMorgan Chase’s approach to managing climate-related risks and opportunities.
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 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.