JPMorgan Chase & Co. — Ethics Grade C-

JPMorgan Chase & Co. receives an overall ethics grade of C- (38/100) on CancelCo's corporate accountability database. Sector: Financial Services. Market cap: Mega Cap.

Category scores

• labor: 50
• privacy: 55
• consumer: 30
• environment: 15
• humanRights: 35

Documented incidents (3)

• Precious metals market manipulation (high, 2020) — Paid $920M to settle charges of spoofing in precious metals and Treasury markets over 8 years.
• Epstein banking relationship (high, 2023) — Settled for $290M over allegations it facilitated Jeffrey Epstein's sex trafficking by maintaining his accounts despite red flags.
• Largest fossil fuel financier (high, 2021) — Provided $317B in fossil fuel financing since the Paris Agreement, more than any other bank globally.

Documented good deeds

• $30B racial equity commitment — Committed $30B over 5 years to advance racial equity through lending, investment, and philanthropy.

Ethical alternatives

• Aspiration — Fossil-fuel-free banking. Plants a tree with every purchase. Pay-what-is-fair model.