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American Express Company, commonly known as Amex, is a leading player in the financial intermediation services sector, headquartered in the United States. Founded in 1850, the company has evolved significantly, establishing itself as a pioneer in payment solutions and travel-related services.
With a strong presence in North America, Europe, and Asia, American Express offers a diverse range of products, including charge cards, credit cards, and travel services. Its unique membership rewards programme and premium customer service set it apart in a competitive market.
Recognised for its innovation, American Express has consistently ranked among the top financial services brands globally, reflecting its commitment to customer satisfaction and financial empowerment. The company continues to shape the industry with its focus on digital payment solutions and customer loyalty initiatives.
84
DitchCarbon score
+47 vs industry average
American Express’s score of 84 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
American Express's reported carbon emissions
American Express reported total emissions of approximately 1.93 billion kg CO2e in 2024. This figure includes Scope 1 emissions of 21.8 million kg CO2e, market-based Scope 2 emissions of 1.76 million kg CO2e, and Scope 3 emissions of 1.90 billion kg CO2e.
The company has set several climate commitments. American Express aims to achieve net-zero greenhouse gas emissions across its value chain by 2050, a target validated by the Science Based Targets initiative (SBTi) in 2024. This includes near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 60% by 2033 from a 2019 base year, and absolute Scope 3 emissions by 35% within the same timeframe. For the long-term, American Express commits to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2019 base year, and absolute Scope 3 GHG emissions by 90% within the same timeframe.
Additionally, American Express has committed to reducing energy use by 35% across its managed facilities by 2025, compared to a 2011 baseline.
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American Express’s Climate Goals (2030 & 2050)
6 goals2050
90% reduction in Scope 2
American Express Company commits to reduce absolute scope 2 GHG emissions 90% by 2050 from a 2019 base year.
On track90%
2033
60% reduction in Scope 2
American Express Company commits to reduce absolute scope 2 GHG emissions 60% by 2033 from 2019 base year.
On track60%
2050
90% reduction in scope 3 total
American Express Company commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe.
Behind target90%
See all 6 climate goals
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2033 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
2025 targetSee details
Active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
American Express2 months ago
84
Frequently asked questions
Common questions about American Express’s sustainability data and climate commitments
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