- Data limitations and lack of available decarbonization pathways in some sectors.
- Challenges in the timely availability of data inputs to calculate carbon intensity.
- Inconsistencies in the measurement, management, and reporting of emissions data in some sectors (e.g., methane emissions in Oil & Gas).
JPMorgan Chase & Co.
Greenhouse gas emissions & sustainability report data
By scope: Scope 1: 115.3K mtCO2e (2023); Scope 2: 792.5K mtCO2e (2023 location-based); Scope 3: 255.5K mtCO2e (2023 Category 6 - business travel). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
Renewable Energy
100% (electric power needs)
of total energy
Energy Use
2.0M MWh (2023)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 115.3K mtCO2e (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 792.5K mtCO2e (2023 location-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 255.5K mtCO2e (2023 Category 6 - business travel) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2020 | 730.2K MtCO2e (Scope 1 and 2 location based) |
| 2019 | 637.8K MtCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Financed and facilitated $66 billion in support of its $1 trillion Green objective in 2023, bringing the cumulative total to $242 billion since 2021.
- Reduced Scope 1 and Scope 2 (location-based) GHG emissions by 12% from 2017 baseline.
- Sourced renewable electricity for 100% of its global electric power needs annually since 2020.
- Signed long-term agreements to purchase over $200 million in high-quality, durable carbon dioxide removal (CDR) to offset unabated Scope 1 emissions.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 and Scope 2 (location-based) GHG emissions by 40% by 2030 vs. a 2017 baseline.
- Source 100% renewable electricity for global electric power needs annually.
- Satisfy at least 70% of renewable electricity with on-site generation and long-term renewable electricity contracts by the end of 2025.
📅 Medium-term
- Finance and facilitate $1 trillion to support climate solutions by 2030.
🔭 Long-term
- Align key sectors of financing portfolio with net zero emissions outcomes.
🌱 ESG Focus Areas
Climate ChangeEnvironmental SustainabilityGovernance