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Company Response

16 Apr 2020

Author:
JPMorgan Chase

JPMorgan Chase's response

The new commitments we announced in February reflect our ongoing efforts to help address climate change and promote sustainable development. This includes financing to support climate action and the United Nations Sustainable Development Goals, backing market-based policy solutions to reduce carbon emissions, expanding restrictions on financing for coal mining and coal-fired power, and prohibiting project financing for new oil and gas development in the Arctic. We're builing capacity within our business to tackle these challenges and look forward to working with our clients and other stakeholders on ways to grow our impact over time.

Timeline