Sustainability & the Environment

 

Our Commitment
At JPMorgan, we take our commitment to the environment seriously. We place great importance on providing responsible financial products and services. We have developed and implemented policies that inform our decision making in environmentally and socially sensitive sectors, promoting responsible and sustainable development and growth.

Our Business
We provide a range of  financial products, services as well as comprehensive environmental research (www.jpmorgan.com/climatechange) and are seeking investment opportunities in sustainable energy, carbon trading and sustainable development. 

Fighting Global Devestation with Jamie Dimon, CEO

"JPMorgan has a unique opportunity to harness the power of our giant wholesale and consumer client base to push for solutions to this critical challenge facing our planet."

Our policies are used to determine the impact of our business on the environment and society, assess and implement appropriate risk management.

Our Operations
We also apply the same approach when addressing our environmental footprint as a company, setting and implementing reduction targets to minimize our impact on the environment.

"We owe it to our employees and the communities we serve to protect the environment and reduce the threat of global climate change." Jamie Dimon, CEO, JPMorganChase
 
We see sustainability as an ongoing journey. The bar is constantly being raised, and we’re constantly looking for new ways to address climate change and sustainability issues by engaging with a diverse range of stakeholders.

JPM Environmental Policy
http://www.jpmorganchase.com/environment

  "Our environmental policy illustrates our desire to preserve and protect the world around us. We recognize that the policies and practices we adopt today will shape not only our lives, but also those of future generations." Amy Davidsen, Director of Environmental Affairs, JPMorganChase

Other affiliations we are signatories of and are actively involved with include:
Equator Principles (http://www.equator-principles.com/documents/Equator_Principles.pdf)
IFC Performance Standards (http://www.ifc.org/ifcext/enviro.nsf/Content/EnvSocStandards)
World Resources Institute (http://www.wri.org/|)
UNEPFI (http://www.unepfi.org/)
UN Principles for Responsible Investment (http://www.unpri.org/signatories/)
The Climate Group (http://theclimategroup.org/our_partners/members/jp)
Carbon Disclosure Project (http://www.cdproject.net/)

Press Articles
Harvard Centre for Health and the Global Environment
http://chge.med.harvard.edu/publications/newsletter/documents/May_2007.pdf
Clinton Climate Initiative
http://www.clintonfoundation.org/051607-nr-cf-pr-cci-president-clinton-announces-landmark-program-to-reduce-energy-use-in-buildings-worldwide.htm

Recycling at JPMorgan
Beginning in July 2007, our London employees noticed a small but very important change to their workstations: someone had removed all of the rubbish bins.

The removal was part of the firm’s ongoing program to reduce its environmental impact, in this case by reducing the waste sent to landfills and improving recycling efforts. Individual rubbish bins were replaced with communal bins – blue for food waste, grey for paper and green for all recyclable waste.

                             

The results have been impressive: paper recycling has increased by 30%, or the equivalent of 12 tons of paper per week, and 210 trees are now being saved by JPMorgan employees every week. In addition, landfill collections have been reduced from 10 to eight collections per week from the Aldermanbury EMEA headquarters building alone.

Since 2005, the firm has kept environmental concerns in mind when doing business and strives to find ways to consistently decrease that impact.