AMP Limited
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
AMP Limited's score of 59 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AMP Limited's reported carbon emissions
In 2024, AMP Limited reported total carbon emissions of approximately 4,000,000 kg CO2e, comprising 26,000 kg CO2e from Scope 1, 636,000 kg CO2e from Scope 2, and about 3,758,000 kg CO2e from Scope 3 emissions. This marked a significant reduction from 2023, where total emissions were about 14,227,000 kg CO2e, with Scope 1 at 46,000 kg CO2e, Scope 2 at 980,000 kg CO2e, and Scope 3 at approximately 14,227,000 kg CO2e. AMP has set ambitious targets to reduce its Scope 1 and Scope 2 emissions by 42% by 2030, using 2019 as the base year. The company has maintained its carbon neutral status since 2022, demonstrating a commitment to sustainability and climate action. Additionally, AMP aims for operational net zero emissions for Scope 1 and Scope 2 by 2050, focusing on its direct operations primarily related to office use. These initiatives reflect AMP's proactive approach to addressing climate change and reducing its carbon footprint, aligning with industry standards and expectations for corporate responsibility in environmental stewardship.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| 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 |
Industry emissions intensity
Location emissions intensity
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.
AMP Limited 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.
