JPMorgan Chase & Co
JPMorgan Chase & Co's GHG Emissions Data Preview
In 2023, JPMorgan Chase & Co completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
JPMorgan Chase & Co has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into JPMorgan Chase & Co's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of JPMorgan Chase & Co amounted to 907,773 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of JPMorgan Chase & Co increased by 4.08%, suggesting that the company faced challenges in reducing its emissions from its core operations.
JPMorgan Chase & Co's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are JPMorgan Chase & Co's Scope 1 emissions?
In 2023, the total Scope 1 emissions of JPMorgan Chase & Co were 115,294 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has JPMorgan Chase & Co reduced its Scope 1 emissions over time?
Since 2018, JPMorgan Chase & Co's Scope 1 emissions have increased by 17.04%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), JPMorgan Chase & Co's Scope 1 emissions increased by 30.2%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are JPMorgan Chase & Co's Scope 2 emissions?
In 2023, JPMorgan Chase & Co reported Scope 2 greenhouse gas (GHG) emissions of 3,642 tCOâ‚‚e using the market-based method and 792,479 tCOâ‚‚e using the location-based method.
Has JPMorgan Chase & Co reduced its Scope 2 emissions over time?
Since 2018, JPMorgan Chase & Co's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 13.85%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), JPMorgan Chase & Co's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that JPMorgan Chase & Co 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does JPMorgan Chase & Co use for Scope 2 reporting?
In 2023, JPMorgan Chase & Co reported its Scope 2 emissions using the market-based method and using the location-based method.
JPMorgan Chase & Co's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into JPMorgan Chase & Co's Value Chain Emissions
In 2023, JPMorgan Chase & Co reported 142,955,481 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of JPMorgan Chase & Co includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
JPMorgan Chase & Co's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are JPMorgan Chase & Co's Scope 3 emissions?
In 2023, JPMorgan Chase & Co reported total Scope 3 emissions of 142,955,481 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 0.18% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.82% came from downstream activities like product use, distribution, and end-of-life treatment.
Has JPMorgan Chase & Co reduced its Scope 3 emissions over time?
Since 2018, JPMorgan Chase & Co's Scope 3 emissions have increased by 80,960.74%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), JPMorgan Chase & Co's Scope 3 emissions decreased by 15.39%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does JPMorgan Chase & Co disclose?
In 2023, JPMorgan Chase & Co reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of JPMorgan Chase & Co's Scope 3 emissions?
In 2023, the largest contributors to JPMorgan Chase & Co's Scope 3 emissions were:
- Investments (Cat. 15): 142,700,000 tCOâ‚‚e (99.82%)
- Business Travel (Cat. 6): 255,481 tCOâ‚‚e (0.18%)
JPMorgan Chase & Co's Scope 3 Emissions by Categories
Insights into JPMorgan Chase & Co's Total Carbon Footprint
In 2023, JPMorgan Chase & Co reported a total carbon footprint of 143,863,254 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.29% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to JPMorgan Chase & Co's total carbon footprint was Scope 3 emissions, accounting for 99.37% of the company's total carbon footprint, followed by Scope 2 emissions at 0.55%.