J.P.Morgan ESG Presentation Deck
E
New Sector Targets
We've set 2030 targets for two new sectors - Aluminum and Shipping - expanding our work
with clients in carbon-intensive sectors
. We picked these sectors because they are high-emitting but they have opportunities to decarbonize, such as alternative fuels in shipping and lower carbon
production methods for aluminum
• We're working with our clients on meaningful decarbonization activity across the real economy. Including the two sectors announced today, we now have set
2030 portfolio-level emissions intensity reduction targets for 8 sectors
Sector
Shipping
Aluminum
Scope(s) Included
Scope 1
(tank-to-wake)
Scopes 1 and 2
Current Carbon Intensity
Forecasted Carbon Intensity
Historical Carbon Intensity
Reduction
For additional information and footnotes, please see slide 14
Quantitative Assessment
Scenarios Used
IEA NZE
IEA NZE
CAF Quantitative Score (1-5)
JPMORGAN CHASE & CO.
Lowest
Unit of
Measurement
g CO₂e / t-nm
mt CO₂e / t aluminum
Alongside this, our Carbon Assessment Framework ("CAF"), which is used as a factor to inform our financing decisions, will be updated to reflect that we've
increased the number of sectors covered from six to eight sectors
Client is scored relative to JPMorgan Chase's applicable portfolio
• We use the CAF to assess how each new in-scope transaction may affect progress toward our net zero aligned targets, which informs related client financing
decisions
Client is scored relative to JPMorgan Chase's sector portfolio target,
as applicable
Client is scored based on the 2-year change in its carbon intensity
Bucket 1
Key Aspects of Our Carbon Assessment Framework
Bucket 2
Baseline Year¹
2021
Bucket 3
2021
Portfolio Baseline
Bucket 4
12.5
8.7
Client's investments toward decarbonization
Bucket 5
Qualitative Assessment
Holistic view of the client's plans and actions to achieve its decarbonization plans including:
2030 Targets2,3
Client's Board oversight and corporate governance of climate-related matters
Client's integration of climate risk and opportunities in corporate strategy
8.4
-33% from baseline
6.5
-25% from baseline
Highest
CAF Qualitative Score (1-5)
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