JPMorgan Chase Commercial Banking Launches Specialized Green Economy Team
April 08 2021 - 9:02AM
Business Wire
New industry team, led by Brian Lehman, will
support companies that produce environmentally-friendly goods and
services or focus on environmental conservation
Today, JPMorgan Chase Commercial Banking announced the new Green
Economy specialized industry team, which will provide dedicated
banking services and expertise to companies that produce
environmentally-friendly goods and services or focus on
environmental conservation.
JPMorgan Chase Commercial Banking has named Brian Lehman as the
Head of Green Economy. Lehman, who will build a dedicated team of
bankers to serve the segment, has more than 20 years of
client-facing experience and deep knowledge of sustainable finance.
He most recently led the Diversified Financials team within
Commercial Banking’s Financial Institutions Group.
“The path to a more sustainable future heavily depends on our
actions today,” said Brian Lehman, Commercial Banking’s Head of
Green Economy. “At JPMorgan Chase, we’ve seen a growing number of
clients and industries whose foundations are built upon reducing
greenhouse gas emissions. Our Green Economy banking team will not
only deliver industry-specific advice, solutions and services to
help green enterprises grow, but will also use our leadership
position to promote a more sustainable world.”
The new Green Economy team will initially focus on four industry
sectors: renewable energy, efficiency technology, sustainable
finance, and agriculture and food technology. Leveraging the full
breadth of JPMorgan Chase’s offerings across treasury, credit and
investment banking, the Green Economy team will utilize their
expertise to help clients address operational challenges and fuel
the growth of green businesses at large. In addition to offering
traditional banking services, the team will focus on providing
community-minded financial solutions for clients, including green
and environmental bonds.
“Sustainability, including the need to address climate change,
is important to JPMorgan Chase and many of our clients,” said Doug
Petno, CEO of Commercial Banking at JPMorgan Chase. “We’re excited
to launch our Green Economy team, which will expand our
capabilities to meet the changing needs of our clients and support
the growth of industries and companies that will help make the
world a better place for us all.”
The announcement of the new team builds upon JPMorgan Chase’s
efforts to advance sustainable solutions, including the adoption of
a Paris-aligned financing strategy in 2020 to help clients navigate
the challenges and capitalize on the long-term economic and
environmental benefits of transitioning to a lower-carbon world.
Additionally, the firm committed to facilitating $200 billion in
2020 for transactions that support climate action and efforts to
advance sustainable development.
About JPMorgan Chase Commercial Banking:
JPMorgan Chase Commercial Banking is a business of JPMorgan
Chase & Co. (NYSE: JPM), a leading global financial services
firm with assets of $3.4 trillion and operations worldwide. Through
its Middle Market Banking & Specialized Industries, Corporate
Client Banking & Specialized Industries and Commercial Real
Estate businesses, Commercial Banking serves emerging startups to
midsize businesses and large corporations as well as government
entities, not-for-profit organizations, and commercial real estate
investors, developers and owners. Clients are supported through
every stage of growth with specialized industry expertise and
tailored financial solutions including credit and financing,
treasury and payment services, international banking and more.
Information about JPMorgan Chase Commercial Banking is available at
www.jpmorganchase.com/commercial.
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Alexis Copson alexis.a.copson@chase.com
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