Research
Future Intentions: To be employed by JP Morgan & Chase with a degree in ISM
helping to better the world. JP Morgan & Chase is a leader in enviornment control
but also making the economy better and that's a fight I would like to join in the near
future.


JP Morgan & Chase

 

It’s simple, we call it home. Earth provides us with necessities such as air, water, and land. Mother Nature is now falling to man-made technology and our ozone is quickly deteriorating to the toxins we push into the air. We make decisions daily, as a part of our lives, our work and our future. Each decision that is made could have an impact on the environment good or bad. Understanding the impact of our decisions and making better ones all comes to better management of the environment. This is a crucial skill that we should possess to better our tomorrow. If there’s no clean air what will able filter through our lungs to make that next breath possible? It’s only human to ask a random question because we should take steps to better our tomorrow and reach higher safer limits for our environment. Then again it’s always easier to talk about taking steps to better an environment that’s already over populated and heavily polluted. This will not happen overnight but through commitment and time we can all build a foreseeable future that’s healthy for our planet and human existence.

As a global financial services institution JP Morgan & Chases direct environmental impacts stem primarily from the operation of office buildings, bank branches and data centers. There company strives to manage its footprint in an efficient and sustainable manner, and continually improve performance. JP Morgan & Chase is a business that stands heavily by the process to improve our environment. The approach has a broad set of stakeholders that include clients, investors and even non-governmental organizations that periodically reflect evolution in the market. This big business recognizes that a healthy tomorrow starts today, and without efforts it will never happen. JP Morgan & Chase view it as a corporate responsibility to ensure environmental stability, as well as reducing environmental risk which will lead to a better more sustainable global economy. In this environmental fight 5 billion dollars in capital has been deployed for alternative energy and clean technology. In early 2014, JPMorgan Chase announced a new collaboration with The Nature Conservancy, one of the world’s leading nonprofit conservation organizations, to establish Nature Vest. This will seek to deploy private capital to projects that protect and restore critical land and water ecosystems. In the earliest times humans had to be sensitive and aware of ones surroundings to survive. Safety and security to our environment is key to our existence. Every man, woman and child is in the fight to reduce one’s own ecological footprint or keep its size as small as one possibly can. As a member of Ceres Company Network, JP Morgan and Chase is doing what it can to accelerate and expand the adoption of sustainable business practices to build an environmentally friendly and healthy global economy.

The Importance of recognizing that the business decisions which are made can have a potential impact on the environment and surrounding ecosystem is key. But taking the steps to make it efficient is what it’s all about. JP Morgan & Chase has not only invested their funds, but also raised 1.4 Billion in capital to help the development of renewable energy projects as well as 1.1 Billion in Green Bonds. Managing Director and Head of Sustainable Finance, Matt Arnold states that “Global energy demand is rising, and we need to meet it in a way that’s good for the environment.” J.P. Morgan is engaged in expanding renewable resources, including wind, solar and biomass. Along with that JP Morgan & Chase adopted the carbon principles in 2008 in partnership with seven electric companies, three environmental organizations, and four other financial institutions. The carbon principles outline a process for analyzing the risk associated with greenhouse gas emissions in the United States.  Quick action was taken to consume energy as efficiently as possible and reduce greenhouse gas emissions. The company was able to reduce greenhouse gas emissions 20 percent by the end of 2012 and is making a bigger effort to reduce emissions 40 percent by the end of 2020. With climate change and cost-effectively reducing greenhouse gas emissions, JP Morgan & Chase has also been able to cut down on the waste of a precious resource that goes hand and hand with deforestation. The priorities of Sustainable paper use have intensified; Chase has maximized efficient paper use on all levels of employment and even manages effective paper recycling programs in the company. Bank branches and data centers are now focused on the efficient use of energy, water and materials in the green practices to shrink its ecological footprint. Renewable energy has even been experimented with installing solar photovoltaic arrays to support our fight with clean healthy energy.

JPMorgan & Chase recognizes that economic growth and rising living standards rely on the planet's natural resources and ecosystems. As humans we have grown accustomed to using up nonrenewable resources. First we must acknowledge our mistakes which mean trying to recycle, using renewable energy and not littering everywhere we go.  JP Morgan & Chase believe that there is a lot of potential for energy efficiency and the approach has been trying to be a part of the solution that helps to meet critical sustainable needs for the planet. You and I are a problem; our environment could reach a critical threshold that takes thousands of years to fix if we don’t join in the fight for sustainability today.

 References

JP Morgan & Chase . (2014). Sustainability In Our Operations. Retrieved from Corporate Responsibility : http://www.jpmorganchase.com/corporate/Corporate-Responsibility/sustainability_in_our_operations.htm

JP Morgan & Chase. (2013). Ecoenterprises: Funding Environmentally Sustainable Ventures. Retrieved from Investing In Ecosystems With Nature Conservancy: http://www.jpmorganchase.com/corporate/Corporate-Responsibility/document/JPMC_2013_CR_Report.pdf

JP Morgan & Chase. (2014). Driving Sustainability through Business. Retrieved from JP Morgan & Chase: http://www.jpmorganchase.com