JPMorgan Chase Commercial Banking Launches Specialised Green Economic climate Group | Business & Finance

JPMorgan Chase Industrial Banking has named Brian Lehman as the Head of Environmentally friendly Financial system. Lehman, who will build a focused staff of bankers to serve the section, has extra than 20 a long time of shopper-dealing with working experience and deep knowledge of sustainable finance. He most a short while ago led the Diversified Financials group in Professional Banking’s Economic Institutions Group.

“The route to a a lot more sustainable future closely relies upon on our actions now,” stated Brian Lehman, Commercial Banking’s Head of Green Overall economy. “At JPMorgan Chase, we have seen a increasing quantity of clients and industries whose foundations are created on reducing greenhouse gas emissions. Our Green Economic climate banking crew will not only supply field-particular information, remedies and providers to help eco-friendly enterprises increase, but will also use our management place to encourage a more sustainable planet.”

The new Green Economy group will to begin with concentration on 4 industry sectors: renewable strength, effectiveness technological know-how, sustainable finance, and agriculture and food items engineering. Leveraging the complete breadth of JPMorgan Chase’s offerings throughout treasury, credit and expense banking, the Environmentally friendly Economic system group will utilize their skills to assist shoppers address operational issues and gas the expansion of green firms at big. In addition to providing standard banking providers, the staff will concentration on supplying community-minded economic answers for consumers, such as eco-friendly and environmental bonds.

“Sustainability, like the want to deal with local weather adjust, is critical to JPMorgan Chase and lots of of our clientele,” stated Doug Petno, CEO of Business Banking at JPMorgan Chase. “We’re energized to launch our Eco-friendly Economic climate crew, which will broaden our abilities to fulfill the shifting desires of our shoppers and assist the development of industries and firms that will support make the globe a much better area for us all.”

The announcement of the new group builds on JPMorgan Chase’s initiatives to progress sustainable options, such as the adoption of a Paris-aligned financing approach in 2020 to aid consumers navigate the difficulties and capitalize on the long-expression economic and environmental benefits of transitioning to a decreased-carbon world. Also, the agency fully commited to facilitating $200 billion in 2020 for transactions that guidance local weather action and initiatives to progress sustainable enhancement.

About JPMorgan Chase Commercial Banking:

JPMorgan Chase Commercial Banking is a company of JPMorgan Chase & Co. (NYSE: JPM), a top world wide fiscal products and services business with property of $3.4 trillion and functions worldwide. By way of its Center Sector Banking & Specialized Industries, Corporate Consumer Banking & Specialized Industries and Commercial Actual Estate corporations, Industrial Banking serves rising startups to midsize organizations and significant firms as nicely as governing administration entities, not-for-profit corporations, and business actual estate traders, builders and owners. Clientele are supported through each phase of development with specialised field skills and tailor-made fiscal remedies which includes credit history and funding, treasury and payment services, intercontinental banking and far more. Information and facts about JPMorgan Chase Business Banking is accessible at www.jpmorganchase.com/business.

Key phrase: UNITED STATES NORTH The us NEW YORK

Field Search phrase: BANKING Qualified Services Setting FINANCE

Supply: JPMorgan Chase & Co.

Copyright Business enterprise Wire 2021.

PUB: 04/08/2021 09:02 AM/DISC: 04/08/2021 09:02 AM