Company-wide, Indiana, local and parent figures are shown separately. Reporting dates may be older than the date checked. Unavailable figures remain unverified.
JPMorganChase says a new brief, Workforce Is Infrastructure: Building an Employer-Driven Workforce System That Delivers, examines how Greater Philadelphia can strengthen employer-education-workforce connections to support growth in advanced manufacturing, logistics, and industrial production. The company reports the region has more than 3.35 million workers, about 178,500 manufacturing jobs, and over $21 billion in announced commercial investment tied to 16 projects (approximately 7,500 expected jobs). The brief outlines priorities and coincides with a JPMorganChase-hosted Philadelphia Local Impact Lab convening regional partners.
JPMorganChase announced the launch of the JPMorganChase Center for Energy and the Environment (CE&E) and described evolutions to its environmental targets and measurement approaches. The company says it set portfolio-level carbon intensity targets and a $2.5 trillion Sustainable Development Target in 2021, now updating targets to align with the IEA NZE 2025 update. JPMorganChase highlighted principles to scale finance, take a whole-system energy view, use its platform on policy and market solutions, and lead with data and transparency.
JPMorganChase says it is expanding Chase for Business investment in Bay Area entrepreneurs through its American Dream Initiative. The company states the effort includes free one-on-one coaching and increased access to capital. Chase for Business CEO Stevie Baron discussed the program on LIVE! In the Bay with host Jessica Wills, joined by Cowrie Collective member and Belle Noire founder Nicole Williams, to explain how the initiative supports local business growth.
JPMorganChase says its philanthropic investments are accelerating innovative construction to expand affordable housing supply. The firm reports announcing $400 million in philanthropic capital in 2021 and that philanthropic investment surpassed $490 million over the last five years, supporting creation and preservation of more than 100,000 affordable homes, 15,000 first-time homebuyers, and grantees attracting an additional $2.1 billion. JPMorganChase describes targeted grants and financing to pilot off-site construction, scale manufacturing, and develop flexible financing solutions to reduce costs and timelines.
