ESG & Investing

JPMorgan Launches Climate Note by Ex-NOAA Science Chief

“There is a demand for understanding how to strategically think about climate issues,” said Sarah Kapnick, now the bank’s top climate adviser.

The JP Morgan Chase & Co. headquarters in New York City. 

Photographer: Michael Nagle/Bloomberg

Researchers last month declared 2024 the hottest year on record, finishing 1.5C or more above the pre-industrial average. It was a concerning signpost that the Paris Agreement’s central goal may already be unattainable — logic backed by two studies published this week.

To the chorus of thermometer-watchers, add a different kind of observer: JPMorgan Chase & Co.