AMP Limited, commonly referred to as AMP, is a prominent financial services company headquartered in Australia. Established in 1849, AMP has evolved into a leading player in the wealth management and insurance sectors, with significant operations across Australia and New Zealand. The company offers a diverse range of products and services, including superannuation, investment solutions, and life insurance, distinguished by their customer-centric approach and innovative financial strategies. Over the years, AMP has achieved notable milestones, solidifying its market position as a trusted provider in the financial industry. With a commitment to helping clients secure their financial futures, AMP Limited continues to adapt and thrive in a competitive landscape, making it a key player in the Australian financial services market.
How does AMP Limited'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.
Mean score of companies in the Services Auxiliary to 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.
AMP Limited's score of 48 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, AMP Limited reported total carbon emissions of approximately 14,227,000 kg CO2e, comprising 46,000 kg CO2e from Scope 1, 980,000 kg CO2e from Scope 2, and 14,227,000 kg CO2e from Scope 3 emissions. This marked a significant reduction in Scope 1 and Scope 2 emissions compared to previous years, with Scope 1 emissions decreasing from about 2,198,000 kg CO2e in 2021 and Scope 2 emissions from approximately 9,278,000 kg CO2e in the same year. In 2024, AMP's emissions are projected to further decrease to approximately 3,758,000 kg CO2e, with Scope 1 emissions at 26,000 kg CO2e and Scope 2 emissions at 636,000 kg CO2e. However, the company has not set specific reduction targets or climate pledges, indicating a need for more defined commitments in line with industry standards for climate action. Overall, AMP Limited's emissions data reflects a trend towards reduced carbon output, particularly in direct emissions (Scope 1 and 2), while Scope 3 emissions remain significantly higher, highlighting the importance of addressing indirect emissions in their climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
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Scope 1 | 6,633,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 | 00,000 |
Scope 2 | 4,421,000 | 00,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
Scope 3 | 21,987,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 |
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.
AMP Limited is not committed to any reduction initiatives 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.