J.P.Morgan Diminishes Environmental Footprint Participating In World Wildlife Fund's Initiative

JPMorgan Chase & Co. will support action against climate change by participating in Earth Hour 2009, a World Wildlife Fund global event to switch off all non essential lighting for one hour on 28 March. The company will participate by

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JPMorgan Chase & Co. will support action against climate change by participating in Earth Hour 2009, a World Wildlife Fund global event to switch off all non-essential lighting for one hour on 28 March. The company will participate by powering down landmark buildings and other sites in 35 cities worldwide and will urge its employees to do the same.

The bank’s most significant buildings in cities such as New York, Chicago, Houston, London, Hong Kong, Tokyo, Sydney and Melbourne will go dark. All told, more than 65 JPMorgan Chase facilities in 19 countries and five continents will take part as Earth Hour rolls through the world’s 24 time zones.

JPMorgan Chase will join corporations, organizations, governments and individuals in more than 240 cities around the world in supporting Earth Hour, which begins at 8:30 pm local time. Tens of millions of people from all corners of the world are expected to participate in this call for global action on climate change.

The bank also has committed to reduce its own greenhouse gas emissions 20% by 2012, using 2005 as a baseline. It is working to make its data centers and office buildings more energy efficient and to offset emissions related to employee air travel for the first time in 2008a practice the bank will continue in the future.

World Wildlife Fund is pleased that JPMorgan Chase is taking part in Earth Hour 2009, says Carter Roberts, President and CEO, WWF. The climate crisis is threatening the ability of our planet to support its inhabitants in the future.

Not only is energy efficiency good for the bottom line, but smart companies know they must operate in ways that dont deplete our worlds limited natural resources if they want to stay in business in the long term. Earth Hour is a great time for companies to find ways to reduce their environmental footprintnot only in their own operations, but throughout their supply chain.

L.D.

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