Corporate Responsibility in the Nordic Region
J.P. Morgan is committed to building vibrant communities, preserving our environment and promoting an inclusive culture across the globe that benefits people not only today, but for generations to come.
Globally, J.P. Morgan, through the JPMorgan Chase Foundation, makes philanthropic investments in cities where it has major operations, assisting those suffering disadvantage to help them build better lives for themselves, their families and their communities. Across Europe, the Middle East and Africa, the firm focuses its investment and attention on three pillars: Economic Development, Financial Empowerment and Workforce Readiness. Across the Nordics our commitments include:
Based in Stockholm, Fryshuset is one of the largest globally-renowned youth centres in the world, employing c. 500 people and receiving around 40,000 visitors a month. Fryshuset’s vision is based on the conviction that encouragement, confidence, responsibility and understanding are necessary to enable young people to develop their innate abilities and find their way into society. Today, Fryshuset runs several school and vocational training programmes, seminars and conferences, courses in theatre, music and sports as well as hosting events for young people.
J.P. Morgan support will enable the development of the Lugna Gatan programme, which aims to help young people from disadvantaged backgrounds (mainly based in the Stockholm suburbs) to gain meaningful employment. Currently these young people are being employed by Fryshuset to enable them to gain paid work experience. This funding will enable Fryshuset to offer additional support and training to its young people to set out on their desired career path to sustainable employment elsewhere. At the same time, they will also work with local employers to identify coaching, work experience and employment opportunities for these young people.