Charter of the Public Responsibility Committee
The Public Responsibility Committee reviews and considers the firm's position
and practices on charitable contributions, community development, legislation,
protection of the environment, shareholder proposals involving issues of public
interest and public responsibility and other similar issues as to which JPMorgan Chase relates to the community at large, and
provides guidance to management and the Board as appropriate.
The Public Responsibility Committee shall be composed solely of non-management
Authorities and responsibilities
In furtherance of its mission, the committee shall, to
the extent not considered by other committees:
- review strategy and budget with respect to charitable
contributions and projects undertaken to improve the communities served by
- review the community reinvestment activities of the
firm, including the firm's progress under community development programs.
- reviews mortgage lending activities of the firm in
light of the firm's obligations under the Home Mortgage Disclosure Act.
- review legislative developments of significance to the
- reviews the environmentally-related policies and
activities of the firm.
- review shareholder proposals involving issues of
public interest and public responsibility.
The Public Responsibility Committee shall review, at least
annually, the committee's charter and recommend any proposed changes to the
Board for approval. The Public Responsibility Committee shall prepare, and
report to the Board the results of, an annual performance evaluation of the
committee, which shall compare the performance of the committee with the
requirements of this charter.