JPMorgan Chase

Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.

JPMorgan Chase is ranked the world's #1 fossil fuel financier with $53.5 billion committed to fossil fuel companies in 2024, a year-over-year increase, making any positive green finance activity immaterial relative to its core capital deployment.

Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.

JPMorgan retracted its 2030 operational emissions reduction target of 40% in its 2024 Sustainability Report (having achieved only 14% by that point), holds no SBTi-validated targets, exited the NZBA in January 2025, and relies on carbon-intensity rather than absolute financed-emissions reduction targets — which investor filings criticize as lacking specificity and accountability.

Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.

The bank has taken some operational steps (solar at 64 retail branches, $1 billion in climate adaptation finance in 2024) and maintains a $1 trillion green finance target ($309 billion deployed to date), but its ESG reporting is broadly criticized by shareholders and proxy advisers for lacking specificity, concrete implementation timelines, and independent accountability for client-level emissions.

Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.

JPMorgan publishes annual Climate Reports and participates in CDP disclosure, but shareholder filings and independent analysts flag that its reports lack time-bound implementation details, its 2023 introduction of a blended 'energy mix' metric obscures year-on-year fossil fuel progress, and its methane strategy relies on unverified client self-reporting — all raising material greenwashing concerns.

Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.

JPMorgan has been the world's top fossil fuel financier consecutively since 2016 (with one exception in 2022), increased financing to fossil fuels in 2024 despite prior Paris-alignment pledges, exited the NZBA under political pressure, abandoned its 2030 emissions target after falling far short, and faces ongoing shareholder litigation risk and reputational controversy over greenwashing.