#COMMITTED ACTION UPDATE#

The team will initially focus on four sectors: Renewable Energy, Efficiency Technology, Sustainable Finance, and Agriculture and Food Technology. As part of its efforts, JPMorgan Chase Commercial Banking also recently launched a Green Economy specialized industry team. To help clients navigate the challenges and the long-term benefits of this transition, the firm will continue to provide clients in the Corporate & Investment Bank and Commercial Banking with centralized access to sustainability-focused financing, research and advisory solutions through its Center for Carbon Transition.Since 2016, the firm has facilitated and financed nearly $210 billion towards green initiatives.Green: $1 trillion for green initiatives that support climate action, with the goal of accelerating the deployment of solutions for cleaner sources of energy and facilitating the transition to a low-carbon economy.The new $2.5 trillion effort will be focused on the following objectives: Supporting Clean Energy and Sustainable Development “Business, government and policy leaders must work together to support long-term solutions that advance economic inclusion, bolster sustainable development and further the transition to a low-carbon economy. “Climate change and inequality are two of the critical issues of our time, and these new efforts will help create sustainable economic development that leads to a greener planet and critical investments in underserved communities,” said Jamie Dimon, Chairman and CEO, JPMorgan Chase. The new 10-year effort announced today will further the DFI’s objective to promote economic and social development. Morgan and attract additional investment to the emerging markets. Morgan Development Finance Institution (DFI) to grow the development finance activities undertaken by J.P. Last year, the firm also established the J.P.

#COMMITTED ACTION UPDATE#

The firm will share an update and additional information on its Paris-aligned strategy with the release of its annual ESG Report this May. This long-term target complements the firm’s Paris-aligned financing strategy and will help accelerate the transition to a low-carbon economy by encouraging actions that set a path for achieving net-zero emissions by 2050. The firm will bring together its capital and expertise to help clients, customers and communities address these vital issues. JPMorgan Chase aims to finance and facilitate more than $2.5 trillion over 10 years – beginning this year through the end of 2030 - to advance long-term solutions that address climate change and contribute to sustainable development.

Committed action