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Multinational banking giant #JPMorganChase has announced it is committing to sourcing 100% of its energy needs from #renewableenergy by 2020 and a promise to facilitate $200bn in clean financing through 2025. As such, JPMorgan Chase announced that it has 'put a stake in the ground,' committing to sourcing renewable energy for 100% of its energy needs by 2020, and facilitating #climatefinancing worth $200bn through 2025. This impressive commitment is the largest made by a #financialinstitution, and will likely spur many other institutions to match and exceed JPMorgan’s commitments.

Specifically, JPMorgan Chase will seek to develop on-site #solarpower generation for up to 1,400 bank-owned retail and 40 commercial buildings across the globe. The company will also begin seeking Power Purchase Agreements (PPAs) for renewable energy - such as the recently signed 20-year PPA with a subsidiary of NRG Energy for approximately 75% of the electricity produced from the in-production 100 MW Buckthorn wind farm in Texas.

#CleanPower #GreenEnergy #GreenPower #CorporateSustainability #GreenBusiness #SustainableDevelopment #GreenStrategy #EnvironmentalSustainability #Environment #SustainableEconomy #CleanEnergy #SustainabilityStrategy
JPMorgan Chase Commits To 100% Renewable Energy By 2020 & Facilitating $200 Billion In Clean Energy Financing By 2025

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