JPMorgan Chase & Co

Diversified Banks

JPM

$ 145 (1.7)%

Share price

$ 421 bn

Market Cap

$ 421 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.01x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

FY2022

JPMorgan Chase & Co aims to reduce Scope 1 + 2 by 40% by 2030 from a base year 2017

This target is most likely outdated and the company appears to have already achieved it

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

JPMorgan Chase & Co reported gross GHG emissions (Scope 1 + 2 before carbon offsets) for the twelve months ending 31 December 2021 at 91 Kt (+4.3/+5% y-o-y). At the sime time, carbon intensity was down at 0.7 t (-0.1 /-12.5% y-o-y).

JPMorgan Chase & Co's Scope 3 emissions grew to 38 Kt (+2.2/+6% y-o-y). The performance has been erratic recently.

The company is committed to reducing Scope 1 + 2 by 40% by 2030 from a base year 2017, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Carbon offsets	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	91	85	6.3	38		130,905	0.7
2020Q4	87	82	4.9	36	(110)	102,471	0.8
2019Q4	814	82	712	181	(189)	109,814	7.4
2018Q4	845	83	746	176	(185)	104,158	8.1
2017Q4	887	78	794	187	(175)	95,415	9.3
2016Q4	860	80	781	130		90,307	9.5
2015Q4	927	83	844	139