JPMorgan Chase is one of the Big Four Banks of the United States
(along with Bank of America, Citigroup and Wells Fargo). The firm was formed in 2000
when Chase Manhattan Corporation acquired J.P. Morgan & Co and is headquartered in New York City.
JPMorgan Chase operates in more than 60 countries.
The firm is a market leader in investment banking, financial services for consumers,
small business and commercial banking, financial transaction processing,
asset management, and private equity.
ownership
listed on London Stock Exchange, NYSE Euronext, Tokyo Stock Exchange
headquarters
270 Park Avenue
NY 10017-2070 New York
United States
General Banktrack reaction on policies JPMorgan Chase
JPMorgan Chase's Environmental Risk Management Policy states that: "JPMorgan Chase
will apply the Equator Principles, as appropriate, to all loans, debt and equity
underwriting, financial advisories and project-linked derivative transactions
where the use of proceeds is designated for potentially damaging projects." And
the private equity divisions conducts an environmental review as part of their
investment decision process for direct investments in companies in
environmentally sensitive industries. Because this policy is not translated
into detailed policies and it is unclear to which industries it is applied to,
this commitment has not resulted in higher scores than JP Morgan Chase already
received for signing the Equator Principles.
agriculture
0
1
2
3
4
5
arms industry and trade
0
1
2
3
4
5
fisheries
0
1
2
3
4
5
forestry
0
1
2
3
4
5
mining
0
1
2
3
4
5
oil and gas
0
1
2
3
4
5
power generation
0
1
2
3
4
5
biodiversity
0
1
2
3
4
5
climate change
0
1
2
3
4
5
corruption
0
1
2
3
4
5
human rights
0
1
2
3
4
5
indigenous peoples
0
1
2
3
4
5
labour
0
1
2
3
4
5
operation in conflict zones
0
1
2
3
4
5
taxation
0
1
2
3
4
5
toxics
0
1
2
3
4
5
accountability
0
1
2
3
4
5
transparency
0
1
2
3
4
5
headquarters
270 Park Avenue
NY 10017-2070 New York
United States
On October 5th, 2004 an official agreement was signed between the Orissa Mining Corporation (OMC) and Sterlite Industries, a subsidiary of Vedanta Resources plc, for the…
In the Canadian Boreal forest just downstream of the eastern foothills of the Rocky Mountains are the Canadian tar sands. The region contains some 2 trillion barrels of oil,…
HidroAysén - owned by European company Endesa and Chilean company Colbun - plans to dam two of Chile's most powerful and pristine rivers, the Baker and Pascua Rivers.…
The Jaitapur project plans to host two European Pressurised Reactors (EPRs) of 1,650 MWe each, with possible extension by four additional units. The Generation III+ class…
TransCanada is proposing a 36-inch, 1,700 mile pipeline, that would carry 900,000 barrels of Tar Sands oil from Hardisy, Alberta to Port Arthur, Texas. The pipeline system,…
The Kusile coal fired power plant project is located in the province of Mpumalanga, in South Africa. With 4800MW, it will be one of the largest power plants of its kind in…
Eskom is a state-owned enterprise. Established in 1923, it was corporatized from the start, being set up to run on business principles and to deliver cheap and abundance…
Mountain top removal (MTR) mining is a form of strip mining in which coal companies use explosives to blast as much as 800 to 1000 feet off the tops of mountains order to…
Aracruz is the world's largest producer of bleached eucalyptus pulp, with a share of 27% of global production, and it is also Latin America's biggest pulp exporter. The company…
Ecuador's Yasuni National Park is threatened by planned oil development by the Brazilian oil company Petrobras. The oil development will take place in Block 31, two thirds…
Dynegy LS Power is currently planning to construct more new coal-fired power plants than any other company in the USA, which will result in very large increases in greenhouse…
The Grasberg mine, located in the indonesian province of Papua, on the island New Guinea, just north of Australia, is being run by the mining company Freeport McMoran. The…
Gunns Limited, an Australian logging giant, is planning to build a ECF Lite pulp mill in Tasmania, Australia. The pulp mill is currently one of the most controversial issues…
Toka Tindung is about 35 km north east of Manado, the capital of the Indonesian Province of North Sulawesi. The project entails the development of six open-pit gold mines…
The Browse Basin gas field off Western Australia's (WA's) north coast is estimated to contain 35 trillion cubic feet of gas. Woodside Petroleum Ltd and its joint venture…
BankTrack has identified controversial issues
with the companies listed below that require attention from JPMorgan Chase.
Areva
If you imagine the global nuclear industry as a giant web, AREVA is the fat, radioactive spider at its centre, greedily looking for new prey. It has manufacturing facilities…
E.ON is a German electricity company headquartered in Düsseldorf and is one of the big global players in energy production. E.ON operates along the entire value chain…
Like its rival and fellow French multinational AREVA, Électricité de France (EDF) is one of the biggest players in the global energy game. In fact, with more…
Elbit Systems is a military equipment producer with a focus on defense electronics such as intelligence gathering systems. It was established in 1967 and is headquartered…
As Italy's largest power company and Europe's second largest according to its generating capacity, Enel is another one of the titans of the energy industry. Its interests…
Founded in 1923, state-owned Eskom generates, transports and distributes approximately 95% of South Africa's electricity. That's a huge 60% of the total electricity consumed…
Lockheed Martin is a global security company that is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology…
Europe's second largest electricity generator and one of Europe's five leading gas and electricity companies. Founded in 1898, the company has grown to supply electricity…
Textron is a multi-industry company, consisting of numerous subsidiaries and operating units. One subsidiary is Textron Systems, which is active in the defence, homeland…
Sweden's state-owned Vattenfall is Europe's sixth largest generator of electricity and largest producer of heat. Vattenfall delivers electricity to around 7.8 million customers…
Vedanta Resources is a mining company. It produces aluminum, copper, lead and zinc. Vedanta has a strong position in India, where its founder Anil Agarwal was born, but is…
Veolia is a multi-national French company that operates on a global scale. The company's main areas of operation include: water supply and water management, waste management,…
Alliant Techsystems (ATK) is the world's largest manufacturer of ammunition and a leading supplier of precision systems and electronic warfare. The company is also active…