Public Profile

Ameriprise Financial

Ameriprise Financial, Inc., headquartered in the United States, is a leading financial services firm that has been empowering clients since its founding in 1894. With a strong presence across major operational regions, Ameriprise offers a comprehensive range of services, including financial planning, asset management, and insurance solutions. The company is renowned for its personalised approach to wealth management, helping individuals and businesses achieve their financial goals through tailored strategies. Notable achievements include a robust market position, consistently ranking among the top firms in the financial advisory sector. Ameriprise's commitment to client-centric service and innovative financial products sets it apart in a competitive industry, making it a trusted partner for those seeking financial security and growth.

DitchCarbon Score

How does Ameriprise Financial's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

34

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

26

Industry Benchmark

Ameriprise Financial's score of 34 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

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Ameriprise Financial's reported carbon emissions

In 2022, Ameriprise Financial reported total carbon emissions of approximately 38,970,000 kg CO2e, comprising 7,497,000 kg CO2e from Scope 1 and 13,873,000 kg CO2e from market-based Scope 2 emissions. Additionally, their Scope 3 emissions were significant, with business travel contributing about 17,954,000 kg CO2e, employee commute at 13,562,000 kg CO2e, and fuel and energy-related activities at 9,327,000 kg CO2e. In 2021, the company recorded total emissions of about 37,800,000 kg CO2e, with Scope 1 emissions at 6,853,000 kg CO2e and market-based Scope 2 emissions at 18,565,000 kg CO2e. Scope 3 emissions included 2,100,000 kg CO2e from business travel, 2,761,000 kg CO2e from employee commute, and 8,400,000 kg CO2e from fuel and energy-related activities. For 2020, Ameriprise's total emissions were approximately 36,000,000 kg CO2e, with Scope 1 emissions at 6,142,000 kg CO2e and market-based Scope 2 emissions at 14,353,000 kg CO2e. Their Scope 3 emissions included 2,692,000 kg CO2e from business travel, 5,488,000 kg CO2e from employee commute, and 6,025,000 kg CO2e from fuel and energy-related activities. Despite these figures, Ameriprise Financial has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for further commitment to climate action within the financial services industry.

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2019202020212022
Scope 1
1,942,000
0,000,000
0,000,000
0,000,000
Scope 2
7,802,000
00,000,000
00,000,000
00,000,000
Scope 3
-
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ameriprise Financial's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Ameriprise Financial is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Ameriprise Financial is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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