2020 U.S.-Booked Air Volume: $30 million
Primary Global Online Booking Tool: Concur
Primary U.S. Payment Supplier: JP Morgan
Primary Global Expense Supplier: Concur
Consolidated Global TMC: CWT
BTN estimates that JPMorgan Chase spent $30 million in
U.S.-booked air in 2020, compared with $170 million in 2019. The commercial and
investment banking institution reported 36,169 metric tons of carbon emissions
related to business travel in 2020, compared with 181,004 in 2019.
CWT serves as JPMorgan Chase’s consolidated global travel
management company, and the firm implemented Concur Travel globally in 2019.
JPMorgan Chase’s global net revenues grew to $119.5 billion
in 2020, compared with $115.4 billion in 2019. The firm’s headcount declined
slightly to 255,351 as of the end of 2020, down by only about 1,600 compared
with the prior year.