Skip to content
Subscriber Only

JPMorgan Buys Emission Credits From Kenya Water Filters

JPMorgan Chase & Co. bought voluntary emission credits from a first-of-its-kind project that distributed water filters in Kenya, said ClimateCare, which is helping market the Gold Standard Foundation credits.

Vestergaard Frandsen SA, the Lausanne, Switzerland-based provider of health and emergency services, earned about 1.4 million metric tons of credits in its first tranche, an unspecified portion of which were bought by JPMorgan, Edward Hanrahan, chief executive officer of ClimateCare, said in a phone interview from London.