I'm proud to announce JPMorgan Chase is expanding its commitment to giving people with criminal backgrounds a second chance by supporting their reentry into the workforce, the community and local economies.
To do this, we will apply our business resources and expertise and collaborate with policy, business and community leaders to help people with arrest or conviction histories in three ways:
Public Policy Agenda: Advancing a public policy agenda that reduces barriers to employment through the newly launched JPMorgan Chase PolicyCenter. The PolicyCenter, led by former U.S. Deputy Secretary of State Heather Higginbottom, will develop and advance sustainable, evidence-based policy solutions to drive inclusive growth in the U.S. and around the world.
Community Investments: Making new philanthropic investments to support people with criminal backgrounds – in cities like Chicago, Detroit, Nashville, New York, Seattle and Wilmington – that focus on career development, financial health and entrepreneurship, and encourage more companies in growing industries to hire them.
Hiring: JPMorgan Chase "banned the box" by proactively removing all questions about criminal backgrounds from job applications and is now enhancing its strategy to attract a broader applicant pool, including people with criminal backgrounds.
These efforts build on our existing business and philanthropic investments and advance the Statement on a Purpose of a Corporation released by the Business Roundtable earlier this year. At JPMorgan Chase, we believe that access to equal opportunity for all is not simply the right thing to do — it is an economic and business imperative.
I hope you will take a moment to learn more about our efforts to provide more people with a second chance, and as always, welcome your feedback and suggestions.
Peter L. Scher Head of Corporate Responsibility Chairman of the Mid-Atlantic Region JPMorgan Chase & Co.
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