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about JPMorgan Chase

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.

listed on London Stock Exchange, NYSE Euronext, Tokyo Stock Exchange

voluntary initiatives:

investment policies of JPMorgan Chase

JPMorgan Chase adopted its first comprehensive Environmental and Social Risk Policy in 2005. This Policy was updatedin April 2014.

Environmental and Social Policy Framework
April 2014
Apr 11, 2014 | JPMorgan Chase
Mentions hydraulic fracturing, oil sands, the Arctic, coal power, large dams, palm oil, mountaintop removal, climate, forests,…
Supplier Anti-Corruption Policy
Dec 28, 2012 | JP Morgan Chase
Human rights
May 03, 2011 | JPMorgan Chase
webpage on human rights
Environmental and social risk assessment policy
Apr 06, 2011 | JP Morgan Chase

equator principles
JPMorgan Chase has adopted the Equator Principles. For more information on how JPMorgan Chase implements the Equator Principles got to the Equator page of JPMorgan Chase.

sector and issue policies (status 2010)

Early in 2010, BankTrack reviewed the publicly available sector and issue policies of JPMorgan Chase to assess how these policies dealt with social and environmental issues and met international best practice for a particular sector or issue. Go here for the report.

JPMorgan Chase and the Equator Principles

Implementation and reporting

JPMorgan Chase is reporting on the implementation here.

Contact and complaints

Equator Principles dodgy deals
Belo Monte dam
The Belo Monte Dam on the Xingu River is currently the largest dam project under consideration anywhere on the planet, and would be the world’s third largest in installed…
dodgy deals on record
Block 31, Yasuni National Park
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…
Gunns pulp mill Tasmania
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 gold mine
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…
Woodside Petroleum’s gas refinery
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…

Bauxite mine Niyamgiri Hills
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…
Belo Monte dam
The Belo Monte Dam on the Xingu River is currently the largest dam project under consideration anywhere on the planet, and would be the world’s third largest in installed…
Canadian tar sands
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,…
Dominion Cove Point LNG
United States
U.S. liquefied natural gas ("LNG") holding company Dominion Midstream Partners (DM.), which owns Dominion Cove Point LNG in Maryland, a company owning LNG import, storage,…
Jaitapur nuclear power plant
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…
Kaltim Prima Coal mine
PT Kaltim Prima Coal (KPC), located in the province of East Kalimantan, is the biggest coal mine in Indonesia. The project is currently owned by PT Bumi Resources Tbk (‘Bumi…
Keystone XL pipeline
United States
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,…
Kusile coal power plant
South Africa
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…
Medupi coal power plant
South Africa
The Medupi Power Station is a coal-fired power plant currently under construction in Lephalale, South Africa. The project comprises six 800 megawatt (MW) units to be provide…
Mountain top removal coal mining
United States
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…
POSCO integrated steel project
POSCO, a South Korean multinational corporation and the world's fourth largest steel producer, seeks to establish an integrated steel venture in India's eastern state of…
check dodgy deals on record

BankTrack has identified controversial issues with the companies listed below that require attention from JPMorgan Chase.

Alpha Natural Resources
United States
Alpha Natural Resources is a large American producer of metallurgical and thermal coal. It also provides services relating to equipment repairs, road construction and logistics…
Anglo American
United Kingdom
Anglo American is a British multinational mining company headquartered in London, United Kingdom. It is the world's largest producer of platinum, with around 40% of world…
Arch Coal
United States
Arch Coal is an American coal mining and processing company. The company mines, processes, and markets bituminous and sub-bituminous coal with low sulfur content in the United…
Created in 2001 and 90% owned by the French state, this multinational conglomerate boasts of interests in every aspect of nuclear power from uranium mining to nuclear fuel…
BHP Billiton
BHP Billiton is the world's largest mining company. It occupies significant positions in major commodity businesses, including aluminium, energy coal and metallurgical coal,…
Bumi Resources
Bumi Resources is currently the most significant coal producer in Indonesia with 2012 production at 74 million tonnes. It owns the Kaltim Prima Coal project in East…
Coal of Africa
Coal of Africa Limited (CoAL) is an Australian based mining company which operates mines in South Africa. In 2012 it produced around 3.4 million metric tons of coal.
E.ON is one of the world's largest investor-owned power and gas companies. It owns major asset positions in the U.S., Russia, Brazil, Germany, the United Kingdom, Sweden,…
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
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…
Enel is Italy's largest power company and Europe's second largest according to its generating capacity. Its interests stretch beyond Italy to 40 countries on four continents.…
South Africa
Eskom is the world's eleventh-largest power utility in terms of generating capacity and ranks ninth in terms of sales. In 2011 it had an installed generating capacity of…
Felda Global Ventures Holdings Bhd
Felda Global Ventures Holdings Bhd is a global agricultural and agri-commodities company based in Malaysia, with operations across ten countries. It is mainly engaged in…
GDF Suez
GDF SUEZ is the largest independent power producer in the world. In 2013 it operated 600 power plants worldwide. It had 113.7 GW of installed power production capacity and…
Jindal Steel & Power
Jindal Steel and Power Limited (JSPL) is one of India's major steel producers with a significant presence in sectors like Mining, Power Generation and Infrastructure. It…
Kuala Lumpur Kepong
Kuala Lumpur Kepong Berhad (KLK) is Malaysia's third largest palm oil plantation company, with a land bank of roughly 250,000 ha spread across Malaysia (Peninsular and Sabah)…
Lockheed Martin
United States
Lockheed Martin is one of the worlds largest arms-producing and military services companies. It is a global security company engaged in the research, design, development,…
National Thermal Power Corporation (NTPC)
National Thermal Power Corporation is the largest electricity producer in India. In 2014, its total installed capacity was of 42,964 MW (including 5,974 MW through Joint…
Rio Tinto
Rio Tinto is a mining and exploration company involved in each stage of metal and mineral production and processing. Rio Tinto is one of the largest publicly listed mining…
RWE is Europe's second largest electricity generator and one of Europe's five leading gas and electricity companies. Founded in 1898, the company is active in the generation,…
Shenhua Group
Shenhua Group is a wholly state-owned company founded in 1995 directly under the central government. It is the largest coal producing company in the world. It takes coal…
United States
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. In 2013, Vattenfall's total installed capacity across all…
Vedanta Resources
United Kingdom
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 Environment
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,…
Wilmar Group
Wilmar International (WLIL.SI), founded in 1991 and headquartered in Singapore is one of the world's largest agribusinesses. It is involved in a wide range of businesses,…
check company profiles on record

 = dodgy deal
 = company profile
2014 2013 2012 2011 2010 2009 2008 2005

Mountaintop Removal: An American Tragedy
Apr 06, 2011 - Wake up call for MTR banks

Demonstration against JPMorgan Chase in Manhattan
Jun 08, 2010 - Rev. Billy and his choir literally brought the muddy devastation of Appalachia to Chase offices in Manhattan

JP Morgan Chase client discussing her account with a Chase banking official
Jun 08, 2010 -

Wise Up Dominion
Nov 05, 2008 - RAN joins its Appalachian allies to demand a clean energy future in Wise County, Virginia.

ALL 2014 2011
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banktrack tweets
RT @WWF: The #GreatBarrierReef minus the “Great” threatens jobs & $6 billion annually. Coal ports the latest risk:
Oct 24, 2014
RT @KeithAllott: So #EU2030 deal gives more bungs to Polish coal. Here is a great overview of reality behind Poland's coal addiction http:/…
Oct 24, 2014
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