JP Morgan Chase

Neighborhood Reviatlization

D519 42D4

Authors

Jessica Livianu

Jessica Livianu

James Liermann

James Liermann

Mark Miller

Mark Miller

School

St. John's University

St. John's University

Professor

Charles Wankel

Charles Wankel

Global Goals

8. Decent Work and Economic Growth 11. Sustainable Cities and Communities

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Summary

We chose this company, because their dedication and involvement in multiple facets of sustainability and the improvement of the environment both locally and globally. One of their most successful innovations is their neighborhood revitalization which has given back $125 million dollars in neighborhoods in need. In addition to the Detroit Project, Chase also is heavily involved in local communities and national programs like the American Heart Association.

Innovation

JP Morgan Chase has helped revitalize communities all over the U.S. They have helped market affordable housing, community service and increasing access to education. JP Morgan Chase has nationwide programs in order to help small business and they have local innovations as well such as the project to help revitalize Detroit. Locally in Queens, they have done things like the Long Island Heart Walk as told by Savitri Persaud,“The philanthropy programs I have been a part of in the last several months were Hurricane Relief and the Long Island Heart Walk.”

Neighborhood Reviatlization

Inspiration

Jp Morgan inspires not just us, but millions of other people around the world through their never-ending service to the community. It is vital for us to not just be successful in the business world, but to also remember the one true detail that makes us human, empathy. JP Morgan is a primary example of this act by generously giving over a million dollars to help rebuild Houston and to also give them affordable car loans. It is through these small acts of kindness that JP Morgan will reap enormous benefits and will continue to flourish in society and we, as future leaders in the world, need to be able to reflect such outstanding acts of kindness.

Overall impact

JP Morgan Chase is striving to help boost small business by foregoing payments from small businesses and this has led to them donating close to a million dollars in Queens. They have also committed to help with environmental cleanup in places affected by Hurricanes Irma and Harvey. Savitri also says, “The programs that I have been a part of have helped raise awareness, money and supplies for those in need.”

Business benefit

The benefits of the business include, but are not limited to, promoting more economically viable communities which in turn will give the civilians and companies an excellent reason to reinvest back into JP Morgan Chase. This will also, in turn, create a positive public image of the company which in turn will attract future investors while also establishing good working relationships with the local businesses and other prominent businesses to invest in the company.

Social and environmental benefit

Eliminate pollution and sustain better living conditions as well as helping to clean up damage done by the recent hurricanes.In addition to that, they are helping revitalize communities by helping them rebuild and resume their lives before the natural disasters or financial downturns. In addition to that “JP Morgan Chase has helped raise $1 million dollars by waiving consumer fees. More people have invested into JP Morgan Chase while we invest into our community.”

Interview

Savitri Persaud, JP Morgan and Chase Interview

Photo of interviewee

Business information

JP Morgan Chase

JP Morgan Chase

New York, NY, US
Business Website: https://www.jpmorganchase.com/
Year Founded: 1799
Number of Employees: 10000+
JP Morgan Chase is one of the largest banking companies in the world. It has helped people of all incomes and classes manage loans, mortgages and investmenst for over two centuries.