Global Strength, Local Impact: A Quarterly Update on Corporate Responsibility at JPMorgan Chase
HIGHLIGHTS FROM SECOND QUARTER 2013
JPMorgan Chase Releases 2012 Corporate Responsibility Report
Check out our annual report, which details our global strength and local impact. The report is available online in addition to a printer-friendly summary.
New Report Finds J.P. Morgan Impacted Over 80,000 Lives in Europe, Middle East and Africa Through its Philanthropic Investments
New Philanthropy Capital (NPC) reviewed J.P. Morgan's philanthropic grants and concluded our 2011-2012 funding touched the lives of over 80,000 people in 23 countries. Nearly all of the projects we supported have continued to impact communities beyond the completion of our grant.
Helping Tornado Victims in Oklahoma Recover and Rebuild
Chase deployed food trucks to Moore, OK and served over 1,000 free meals, providing encouragement to responders, volunteers and residents. We also donated $500,000 to relief agencies, organized our employees to volunteer and enabled customers to donate to the American Red Cross at 14,000 Chase ATMs across the U.S.
Chase is Awarded $70 Million in New Markets Tax Credits
Chase received $70 million in the latest round of New Markets Tax Credits to further expand our work supporting jobs and services in low-income communities across the U.S.
Over 12,000 Runners are Boston Strong in First Big Race After Marathon
The J.P. Morgan Corporate Challenge brought more than 12,000 runners together and donated the entry fees – totaling more than $500,000 – to The One Fund Boston, formed to assist victims and families of the Marathon attacks.
THE GLOBAL CITIES INITIATIVE
A joint project of Brookings and JPMorgan Chase
The Ten Traits of Globally Fluent Metro Areas
New research supported by the Global Cities Initiative identifies key traits of globally fluent metro areas and their critical relationship to the competitiveness, productivity and prosperity of cities and regions in the 21st century. More than 40 cities from the U.S. and around the world are featured as case studies in the report.
The Global Cities Initiative brought business, community and government leaders together in four cities this quarter to discuss strategies for economic growth:
- Houston. As the fourth-largest exporter in the U.S., the Houston region boasts a booming energy sector but faces the common challenge of a regional skills gap.
- Dallas. At the GCI panel discussion at the Dallas Regional Chamber's 2013 Economic Series luncheon, business, civic and government leaders discussed the benefits of the Dallas/Fort Worth International Airport, its position as a logistics hub and the area's strong workforce.
- Beijing. To examine the prospects and challenges of China's ongoing urbanization that has accompanied its economic boom, the Global Cities Initiative partnered with the Brookings-Tsinghua Center for Public Policy to bring leaders together at the recent 2013 J.P. Morgan China Summit in Beijing.
- Denver. Despite its inland location and hardships just a quarter century ago, the Denver region has emerged as a "competitive middleweight" among global cities thanks to its uniquely collaborative regional leadership.
HELPING SMALL BUSINESSES GROW
U.S. Ex-Im Bank Honors J.P. Morgan for Commitment to Helping Businesses Grow
J.P. Morgan was named 2012 Lender of the Year by the U.S. Export-Import Bank for deploying more than $291 million of the Ex-Im Bank's Working Capital product, a program that helps J.P. Morgan extend credit for the export of U.S. goods and services.
Chase Partners with Twitter to Give $1 Million in Ad Credits to Small Businesses
A unique partnership with Twitter, the world's #3 social network, will help small businesses in the U.S. learn how to use social media to grow their businesses and earn free advertising on Twitter.
Nonprofit Recognizes J.P. Morgan for Philanthropic Initiatives in South Africa
Shared Interest, a leading nonprofit social investment fund serving South Africa, honored J.P. Morgan for our philanthropic initiatives in the country related to workforce development, entrepreneurship and supporting small business growth.
INVESTING FOR SOCIAL IMPACT
J.P. Morgan Supports G8 Efforts to Catalyze Impact Investing
J.P. Morgan joined more than 90 like-minded institutions to encourage officials from G8 countries to take proactive steps to recognize the potential of impact investing in tackling significant global challenges.
J.P. Morgan Social Finance Leads Exclusive Panel Discussion with UN Women and The Women’s Refugee Commission
“Creating Safe and Effective Livelihoods for Women in Crisis-Affected Settings” brought together experts to discuss the challenges facing displaced women around the globe as they struggle to survive and support their families.
SERVING AMERICA'S MILITARY AND VETERANS
JPMorgan Chase Receives "2013 Work Life Legacy Military Award"
For the second consecutive year, the Families and Work Institute honored JPMorgan Chase for hiring veterans, highlighting best practices in supporting veterans and their families, and engaging veteran-owned suppliers.
100,000 Jobs Mission Rolling: 64,628 U.S. Vets Hired Through First Quarter 2013
Nearly 65,000 veterans found new jobs with 100,000 Jobs Mission companies. The coalition, founded by JPMorgan Chase and others, grew to 101 companies and hosted a major hiring event in Dallas.
ENVIRONMENTAL SUSTAINABILITY
JPMorgan Chase Joins NYC Mayor’s Carbon Challenge to Cut Greenhouse Gases, Improve Air Quality and Fight Climate Change
JPMorgan Chase committed to reduce our greenhouse gas emissions by at least 30 percent over the next 10 years. JPMorgan Chase is the largest participant based on its New York City footprint.
