J.P.Morgan ESG Presentation Deck slide image

J.P.Morgan ESG Presentation Deck

Table of Contents A B C D E LL F Summary Energy Mix Absolute Emissions IEA NZE Scenarios New Sector Targets Methane JPMORGAN CHASE & CO. We explained how we conduct business and provide a summary of the key new updates in the 2023 Climate Report We expanded the focus of our Oil & Gas End Use target. Now called Energy Mix, the target encompasses a broader view of energy supply that better captures the system-wide substitution from oil and natural gas to low- carbon fuels and zero-carbon electricity generation under the International Energy Agency ("IEA") Net-Zero Emissions by 2050 ("NZE") Scenario We disclosed absolute financed emissions based on our Carbon Compass SM methodology for sectors where we have set targets and explain how our methodology deviates from the PCAF methodology used by some stakeholders and the reasons we believe these address the main shortcomings of PCAF We updated our original targets to align with the latest science-based climate scenarios and net zero by 2050 We set 2030 targets for two new sectors - Aluminum and Shipping - expanding our work with clients in carbon- intensive sectors We shared our perspective on how reducing methane emissions and flaring in the Oil & Gas sector is an immediate action that can produce positive outcomes for companies and stakeholders, and explain how we are supporting our clients with our work on methane measurement and mitigation 2
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