J.P.Morgan ESG Presentation Deck
D
We've updated our original targets to align with the latest science-based climate scenarios
and net-zero by 2050
• We are updating our targets set in May 2021 (Electric Power, Auto Manufacturing, Oil & Gas) to align with the IEA NZE Scenario¹,2
● In particular, we've aligned our 2030 target for Oil & Gas Operational (Scope 1 and 2) targets to the IEA NZE scenario, which results in an increase to our target.
We continue to work with clients to decrease their operational emissions, including through addressing methane emissions and carbon capture utilization and
storage, which can have important near-term impacts on climate change and energy security
• In May 2021, we were the first large US bank to set detailed emissions-related targets for portions of its financing portfolio. At the time we developed those
targets, the most ambitious scenario published by the IEA was the Sustainable Development Scenario
END USE / ENERGY MIX (g CO₂ / MJ)
80
60
40
20
0
IEA NZE Scenarios
400
300
200
ELECTRIC POWER (kg CO₂/MWh)
100
0
66.5 15% reduction
56.5
Baseline Target
2019
IEA SDS
375.6
69% reduction
115.4
Baseline Target
2019
IEA SDS
For additional information and footnotes, please see slide 14
JPMORGAN CHASE & CO.
45.9
Baseline
2019
36% reduction
29.5
342.6
Target
IEA NZE
69% reduction
105.3
Baseline Target
2019
IEA NZE4
OIL AND GAS OPERATIONAL (g CO₂e / MJ)
8
6
4
2
150
100
50
5.4
0
Baseline
2019
AUTO MANUFACTURING (g CO₂e/KM)
200
35% reduction
3.5
IEA SDS
157.8
Target
Baseline
2019
41% reduction
IEA SDS
92.3
Target
4.9
Baseline
2019
164.8
45% reduction
2.7
IEA NZE³
Baseline
2019
Target
48% reduction
86.1
Target
IEA NZE5
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