{"id":13683,"date":"2017-08-01T09:17:00","date_gmt":"2017-07-31T22:47:00","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=13683"},"modified":"2017-08-01T09:20:45","modified_gmt":"2017-07-31T22:50:45","slug":"jpmorgan-chase-renewables-mb0148","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/jpmorgan-chase-renewables-mb0148\/","title":{"rendered":"Banking Giant Commits To 100% Renewables"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-13684\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/jpmorgan-chase-solar.jpg\" alt=\"JPMorgan Chase - 100% renewable energy\" width=\"700\" height=\"479\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/jpmorgan-chase-solar.jpg 700w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/jpmorgan-chase-solar-300x205.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>Financial services goliath JPMorgan Chase has said it will source 100% renewable energy to run its global operations by 2020.<\/p>\n<p><!--more-->The firm has offices and operations in more than 60 countries, including Australia, across more than 5,500 properties.<\/p>\n<p>Part of the renewable energy push will be the development of on-site solar power generation for up to 1,400 retail and 40 commercial buildings owned by the company across the globe. This will include a solar installation of up to 20MW capacity for its Polaris Corporate Center in Columbus, Ohio. At 20MW, it would be enough to offset 65 percent of the company&#8217;s on-site electricity usage<\/p>\n<p>The firm says it will also pilot installations of <a href=\"https:\/\/www.solarquotes.com.au\/panels\/\"> solar panels<\/a> at Chase branches in the U.S. states of California and New Jersey, with view to installing systems at thousands of other locations.<\/p>\n<p>For what it can&#8217;t generate on-site, JPMorgan Chase will enter into power purchase agreements (PPAs), stimulating development of new renewable energy projects.<\/p>\n<p>Other activities to be undertaken as part of the shift will be the installation of fuel cells at some locations and conducting what the company says will be the world\u2019s largest LED lighting installation, the retrofitting of 1.4 million light bulbs.<\/p>\n<p>JPMorgan Chase also announced it will facilitate USD $200 billion in &#8220;clean financing&#8221; by 2025.<\/p>\n<blockquote><p>\u201cBusiness must play a leadership role in creating solutions that protect the\u00a0 environment and grow the economy,&#8221; <a href=\"https:\/\/www.jpmorganchase.com\/corporate\/Corporate-Responsibility\/document\/jpmc-cr-sustainability-fact-sheet.pdf\" target=\"_blank\" rel=\"noopener\"> said<\/a>\u00a0 Chairman and CEO, Jamie Dimon.<\/p><\/blockquote>\n<p>Last year the company said it was distancing itself from some coal-related financing, adding its name to a growing list of financial institutions shying away from the little black (or brown) rock that is wreaking so much damage to our planet.<\/p>\n<p>According to its <a href=\"https:\/\/www.jpmorganchase.com\/corporate\/Corporate-Responsibility\/document\/jpmc-environmental-and-social-policy-framework.pdf\" target=\"_blank\" rel=\"noopener\">Environmental and Social Policy Framework<\/a>, the company will not support:<\/p>\n<blockquote><p>&#8220;Transactions that involve asset-specific financing where the proceeds will be used to develop a new greenfield coal mine or a new coal-fired power plant in a high income OECD country.&#8221;<\/p><\/blockquote>\n<p>In 2013, the company reduced its exposure to companies engaged in mountaintop mining of coal.<\/p>\n<p>JP Morgan Chase joins more than 100 of the world&#8217;s largest and most influential companies to make a commitment to 100% renewables, including Adobe, IKEA, Apple, Microsoft, Walmart and General Motors.<\/p>\n<p>The firm is one of the USA&#8217;s oldest financial institutions, with a history dating back over 200 years. It has assets of USD $2.6 trillion and more than 240,000 employees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial services goliath JPMorgan Chase has said it will source 100% renewable energy to run its global operations by 2020.<\/p>\n","protected":false},"author":17,"featured_media":13684,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-13683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Banking Giant Commits To 100% Renewables - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"Financial services goliath JPMorgan Chase has said it will source 100% renewable energy to run its global operations by 2020.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/jpmorgan-chase-renewables-mb0148\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banking Giant Commits To 100% Renewables\" \/>\n<meta property=\"og:description\" content=\"Financial services goliath JPMorgan Chase has said it will source 100% renewable energy to run its global operations by 2020.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/jpmorgan-chase-renewables-mb0148\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-31T22:47:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-07-31T22:50:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/jpmorgan-chase-solar.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"479\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/jpmorgan-chase-renewables-mb0148\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/jpmorgan-chase-renewables-mb0148\\\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#\\\/schema\\\/person\\\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Banking Giant Commits To 100% Renewables\",\"datePublished\":\"2017-07-31T22:47:00+00:00\",\"dateModified\":\"2017-07-31T22:50:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/jpmorgan-chase-renewables-mb0148\\\/\"},\"wordCount\":393,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/jpmorgan-chase-renewables-mb0148\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/wp-content\\\/uploads\\\/2017\\\/08\\\/jpmorgan-chase-solar.jpg\",\"articleSection\":[\"General Solar &amp; 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In his 2018 letter to shareholders, Amazon CEO Jeff Bezos said the company shipped more than five billion items worldwide in 2017\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Amazon - solar energy","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/amazon-carbon-reduction.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/amazon-carbon-reduction.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/amazon-carbon-reduction.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/amazon-carbon-reduction.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/amazon-carbon-reduction.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":72290,"url":"https:\/\/www.solarquotes.com.au\/blog\/nz-retirement-solar-mb2857\/","url_meta":{"origin":13683,"position":1},"title":"Grey Power: Solar Energy For NZ Retirement Villages\u00a0","author":"Michael Bloch","date":"March 13, 2023","format":false,"excerpt":"New Zealand\u2019s largest retirement village operator is getting into solar energy in a big way under a long term power purchase agreement. Founded in Christchurch in 1984, Ryman Healthcare owns and operates 45 retirement villages in New Zealand and Australia, which are home to 13,900 residents. Most of these residents\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Maungaturoto solar farm","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/solar-farm-nz.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/solar-farm-nz.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/solar-farm-nz.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/solar-farm-nz.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/solar-farm-nz.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":57522,"url":"https:\/\/www.solarquotes.com.au\/blog\/canberra-jobs-renewables-mb2301\/","url_meta":{"origin":13683,"position":2},"title":"Canberra A Renewable Energy Jobs Powerhouse","author":"Michael Bloch","date":"January 4, 2022","format":false,"excerpt":"The number of people employed in smart and renewable energy related jobs in the ACT is surprising - but not so much where they are concentrated given the nature of Canberra. The Australian Capital Territory covers an area of around 2,358 km\u00b2 and has a population of around 380,000 people.\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Renewable energy jobs in the ACT","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/01\/renewables-jobs-canberra.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/01\/renewables-jobs-canberra.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/01\/renewables-jobs-canberra.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/01\/renewables-jobs-canberra.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/01\/renewables-jobs-canberra.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":35224,"url":"https:\/\/www.solarquotes.com.au\/blog\/resolute-hybrid-power-station-mb1305\/","url_meta":{"origin":13683,"position":3},"title":"Hybrid Thermal, Solar And Storage Power Plant For Resolute Mining","author":"Michael Bloch","date":"November 26, 2019","format":false,"excerpt":"Australia's Resolute Mining Limited is partnering with Aggreko on a new hybrid modular power station project at Resolute's Syama Gold Mine in Mali, West Africa that is expected to slash Syama\u2019s electricity costs by approximately 40%. Resolute announced yesterday it had signed a Heads of Terms Agreement for the project\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Hybrid power station - Resolute and Aggreko","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/11\/solar-hybrid-power.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/11\/solar-hybrid-power.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/11\/solar-hybrid-power.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/11\/solar-hybrid-power.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/11\/solar-hybrid-power.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":53111,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-bhp-nickel-mb2121\/","url_meta":{"origin":13683,"position":4},"title":"BHP Boosts Offtake From Merredin Solar Farm","author":"Michael Bloch","date":"August 18, 2021","format":false,"excerpt":"A solar power purchase agreement (PPA) between Risen Energy and BHP has been expanded for BHP's Nickel West operations. The 132 MW (dc) Merredin Solar Farm is situated approximately 260 kilometres east of Perth in Western Australia\u2019s Central Wheatbelt region. Featuring 354,452 Risen Energy solar panels, it has an estimated\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Merredin Solar Farm","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/08\/merredin-solar-farm.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/08\/merredin-solar-farm.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/08\/merredin-solar-farm.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/08\/merredin-solar-farm.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/08\/merredin-solar-farm.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":1942,"url":"https:\/\/www.solarquotes.com.au\/blog\/act-solar-power-facility-not-just-hot-air\/","url_meta":{"origin":13683,"position":5},"title":"ACT solar power facility not just hot air","author":"Staff Writer","date":"September 9, 2012","format":false,"excerpt":"If you thought our nation\u2019s capital was best known for its dodgy laws, war memorials and pollies\u2019 hot air, you\u2019ll need to think again. This last week has seen the ACT Minister for the Environment and Sustainable Development, Simon Corbell, position the ACT as the country\u2019s solar power capital. How\u2026","rel":"","context":"In &quot;Big Solar&quot;","block_context":{"text":"Big Solar","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/utility-scale-solar\/"},"img":{"alt_text":"solar farm built by FRV","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2012\/09\/solar-farm.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/13683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=13683"}],"version-history":[{"count":3,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/13683\/revisions"}],"predecessor-version":[{"id":13687,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/13683\/revisions\/13687"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/13684"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=13683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=13683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=13683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}