J.P.Morgan ESG Presentation Deck slide image

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) 11
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