2021 U.S.-Booked Air Volume: $30 million
Primary U.S. Booking Supplier: SAP Concur
Consolidated Global TMC: CWT
JPMorgan Chase in 2021 spent $30 million on U.S.-booked air
travel, the same as it did the year before, but $140 million less than it spent
in 2019. Starting in 2020, the commercial and investment banking institution
pledged to achieve and maintain carbon-neutral operations annually through reductions
and offsets. The commitment includes Scope 1 direct emissions from the
operation of 5,500 corporate buildings, retail bank branches and data centers,
and company-owned aircraft and vehicles, Scope 2 indirect emissions from
purchased electricity and Scope 3 indirect emissions associated with business
travel.
CWT serves as JPMorgan Chase’s consolidated global travel
management company, and the firm implemented Concur Travel globally in 2019.
JPMorgan Chase’s annual net revenues grew slightly to $121.6
billion in 2021, compared with $119.9 billion in 2020. The firm’s headcount
grew to about 271,000 in 2021, from about 255,400 in the prior year.