ESG Innovation – JPMC Going Big on Solar

Photo courtesy of JP Morgan Chase

A huge solar installation at JP Morgan Chase’s McCoy Center at Polaris in Columbus, Ohio, will supply the country’s second-largest single-user office building with about 75 % of its power.

The solar panels, which cover the parking lot, along with panels installed on the roof, generate about 14.8 MW of electricity. The 9,000 spot parking lot is covered with 40,000 panels encompassing 165,000 square feet. The installation is the second-largest commercial office solar installation in the country, after the installation at Apple’s corporate headquarters in Cupertino, California.  

Chase will also be installing solar on three other Columbus sites that will generate 13 MW of electricity. 

” These installations in Columbus are the crowning jewel of our solar deployments because of the scale and the size and the impact ”  says Tyler Deaton, VP in JPMC’s Global Real Estate Group – which has a focus on sustainability according to a story on the company’s website. 

Utilizing more solar for power generation is an important part of JPMC’s ESG initiative – which has a goal of reducing greenhouse gas emissions by 40 % from 2017 by 2030. 

March 25, 2022          CAIL Innovation commentary                       info@cail.com            www.cail.com/BI