ESG & Investing

JPMorgan Hires NOAA Chief Scientist to Advise Clients on Climate

  • Kapnick will serve as global head of climate advisory
  • She will help clients advance their strategies in this area
Sarah KapnickSource: JPMorgan
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JPMorgan Chase & Co. has hired a senior climate scientist to advise its corporate and investment banking clients on how to navigate the impacts of climate change.

Sarah Kapnick, who was appointed by President Joe Biden in 2022 as chief scientist for the US National Oceanic and Atmospheric Administration, is joining JPMorgan as global head of climate advisory, according to an internal memo seen by Bloomberg News. A spokesperson for the bank confirmed the appointment.