American Express

American Express, a financial intermediation services provider headquartered in the US, reported approximately 1.93 billion kg CO2e in total emissions for 2024. This figure comprises Scope 1, Scope 2, and Scope 3 emissions. Scope 3 emissions accounted for the largest portion, with approximately 1.90 billion kg CO2e. Key contributors to Scope 3 emissions include purchased goods and services (around 794.8 million kg CO2e), investments (approximately 572.1 million kg CO2e), and capital goods (about 226.6 million kg CO2e).

The company has set ambitious climate targets, including a commitment to achieve net-zero greenhouse gas emissions by 2035, aligned with the Science Based Targets initiative (SBTi). Further long-term goals include reducing absolute Scope 1 and 2 greenhouse gas emissions by 90% by 2050 from a 2019 baseline, and a corresponding 90% reduction in Scope 3 emissions within the same timeframe. Near-term targets involve reducing absolute Scope 1 and 2 emissions by 60% by 2033 from a 2019 baseline, and a 35% reduction in absolute Scope 3 emissions within the same period. The company also aims to reduce energy use by 35% across its managed facilities by 2025, compared to a 2011 baseline.