ERM is proud to have supported JPMorgan Chase & Co. in the development of its new Carbon Compass methodology, which describes how they will align financing activities with the climate goals of the Paris Agreement.
Learn more about how the firm is measuring clients’ carbon intensity and integrating carbon performance considerations into decision-making:
JPMorgan Chase & Co. press release
https://www.jpmorganchase.com/news-stories/jpmorgan-chase-releases-carbon-reduction-targets-for-paris-aligned-financing-commitment
JPMorgan Chase & Co. carbon compass
https://www.jpmorgan.com/solutions/cib/investment-banking/center-for-carbon-transition/carbon-compass
JPMorgan Chase is leading the way for the banking industry by developing and transparently sharing a practical methodology which tackles key challenges, such as the urgency of reducing methane emissions in the oil and gas sector, and the prominence of light duty trucks in the non-commercial U.S. fleet. They have embraced the enormous opportunity for the banking industry to finance the transition to a low-carbon economy and provided clarity to their corporate clients on credible decarbonization trajectories.