I am pleased to share JPMorgan Chase’s 2018 Environmental Social & Governance Report, which provides information on how our firm is addressing the environmental, social and governance (ESG) matters that we view as among the most important to our business.
Through this report, we strive to provide transparency and clarity on the policies and principles that govern our business and reflect our commitment to sustainable growth. Topics covered include our Firm’s efforts to promote sound governance, serve our customers, invest in our employees, support our communities and advance sustainability. Highlights include:
In 2018, we announced plans to open 400 new Chase branches in new markets across the U.S., 30% of which will be located in low- and moderate-income neighborhoods;
As of year-end 2018, we had facilitated more than $100 billion in clean financing, meaning we are more than halfway to our goal of facilitating $200 billion in clean financing through 2025;
We committed $1.75 billion in philanthropic capital to drive inclusive growth in communities around the world by 2023; and
This month, we will publish a voluntary report on the Firm’s approach to managing climate-related risks and opportunities, guided by recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
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