JPMorgan Chase: Environmental Indicators

Measuring Our Performance
Our U.S. resource consumption data is based on globally accepted environmental performance guidelines in accordance with the World Resources Institute’s Greenhouse Gas Protocol. The data include heat, oil, electricity, associated greenhouse gas emissions and water. Paper consumption is tracked separately.

Organizational Boundaries
There are two approaches for reporting emissions from partially owned real estate assets: the equity share approach and the operational control approach. As the firm has many leased facilities, we use the operational control approach and focus on owned and leased facilities for which JPMorgan Chase controls the energy usage and pays the energy/utility bills. Only facilities located in the U.S. are incorporated in the database with over 3,000 properties covered in 2007, including offices, bank buildings and data centers. Going forward, the database will be expanded to our global properties.

Sources of Emissions
These sources include both direct and indirect emissions. Direct sources include stationary combustion (CO2 from fossil fuel combustion sources such as boilers, space heaters and backup generators); mobile combustion (CO2 from jet fuel); and fugitive emissions (HFCs from refrigeration and HVAC units). Indirect sources include purchased electricity, steam and water.


JPMORGAN CHASE ENVIRONMENTAL INDICATORS (United States)

		UNIT	2007	2006	2005
	U.S. Employees (Full time)	No.	141,401	140,114	138,590
	Surface Area Monitored	RSF	46,780,753	51,323,402	52,859,694

Paper Consumption	Virgin Copy	Kg	3,115,272	4,641,157	3,083,521
	Virgin Commercial	Kg	84,035,244	90,437,247	97,731,012
	Total Virgin	Kg	87,150,516	95,078,404	100,814,533
	Recycled Copy	Kg	5,537,456	6,159,784	5,745,201
	Recycled Commercial	Kg	12,403,040	459,943	707,604
	Total Recycled	Kg	17,940,486	6,619,727	6,452,805
	Total Paper Consumption	Kg	105,091,002	101,698,131	107,267,338

Corporate Emissions	Indirect Emissions
	CO2 Emissions - Electricity	MT	892,945	953,384	970,905
	CO2 Emissions - Steam	MT	21,262	25, 613	31,632
	CO2 Emissions - Chilled Water	MT	1,139	1,288	1, 199
	Total Indirect Emissions	MT	915,346	980,285	1,003,736
	Direct Emissions
	Stationary Combustion (Gas +Fuel Oil)	MT	43,655	43,820	48,280
	Other Emissions (Chiller Plants)	MT	20,969	22,232	22,726
	CO2 Emissions - Jet Fuel	MT	6,899	8,412	8,007
	Total Direct Emissions	MT	71,523	74,464	79,013
	Total	MT	986,869	1,054,749	1,082,749

Energy Consumption	Electricity Consumption	GJ	5,419,680	5,746,026	5,873,739
		kWh	1,505,466,709	1,596,118,337	1,631,594,291
	Heat Consumption (Natural Gas)	GJ	791,990	833,781	919,997
		Therms	7,505,685	7,901,747	8,718,812
	Fuel Oil Consumption	GJ	58,991	30,647	32,754
		Therms	559,059	290,443	310,413
	Propane Consumption	GJ	210	64	84
		Therms	1,993	609	795
	Steam	GJ	339,994	409,568	505,817
		Therms	3,222,119	3,881,474	4,793,632
	Chilled Water	GJ	30,587	34,971	31,382
		Therms	289,875	331,418	297,408
	Chiller Plants	GJ	146,227	155,035	158,480
	Jet Fuel Consumption	GJ	99,806	121,691	115,833
		Gallons	728,509	888,259	845,493
	Total Energy Consumption	GJ	6,887,485	7,331,784	7,638,087

Water Consumption	Total	M³	4,831,585	5,484,003	5,683,725
		kGal	1,276,370	1,448,721	1,501,482

Total Energy Consumed	Per Employee	kWh	10,647	11,392	11,773
	Per RSF	kWh	32.2	31.1	30.9

Total CO2	Per Occupant	MT	7.0	7.5	7.8
	Per RSF	MT	0.0211	0.0206	0.0205

	Key: GJ = Giga Joules Kg = Kilograms kWh = Kilowatt Hours MT = Metric Tons M³ = Cubic Meters RSF = Rental Square Foot