Environment A healthy environment is crucial to the long-term success of the economy and of communities around the world, but climate change, biodiversity loss and other environmental challenges pose increasing threats to our collective future. As a global fnancial institution working with clients in nearly every sector of the economy, we have an important role to play in supporting our clients’ environmental objectives and helping advance a sustain- able global economy. JPMorgan Chase is helping advance resilience to climate change by supporting initiatives with local, regional, and international organizations. Pictured: Los Angeles, California 2022 Highlights • Financed and facilitated $70 billion in support of • Published net-zero aligned portfolio-level emis- the green objective of our Sustainable Develop- sion intensity targets for three new sectors— ment Target Iron & Steel, Cement and Aviation • Launched the Carbon Assessment Framework • Began process of implementing an internal for in-scope capital markets transactions with price on carbon clients covered by our portfolio-level emissions • Met goals to source renewable energy to meet intensity reduction targets 100% of global power needs annually and achieve operational carbon neutrality5 5 Operational carbon neutrality achieved using carbon credits. 11
2022 Environmental Social Governance Report Page 12 Page 14