American Express Sustainability Profile
American Express Company, commonly known as Amex, is a leading player in the financial services industry, headquartered in the United States. Founded in 1850, the company has evolved significantly, establishing itself as a premier provider of charge cards, credit cards, and travel-related services. With a strong presence in North America, Europe, and Asia, American Express is renowned for its unique rewards programmes and exceptional customer service. The company’s core offerings include personal and business credit cards, travel services, and merchant solutions, all designed to enhance customer experiences. American Express has achieved notable milestones, such as being one of the first companies to introduce a traveler's cheque. Its commitment to innovation and customer satisfaction has solidified its position as a trusted brand in the financial sector, making it a preferred choice for millions worldwide.
DitchCarbon Score
How does American Express'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 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
American Express's score of 87 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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American Express's reported carbon emissions
In 2024, American Express reported total carbon emissions of approximately 1,925,167,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 1,901,592,000 kg CO2e. Scope 1 emissions were approximately 21,817,000 kg CO2e, while Scope 2 emissions totalled about 1,758,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, committing to achieve net-zero emissions across all scopes by 2050, in alignment with the Science Based Targets initiative (SBTi). American Express aims to reduce absolute Scope 1 and 2 GHG emissions by 60% by 2033 from a 2019 baseline and to cut Scope 3 emissions by 35% within the same timeframe. Furthermore, the company has set a long-term goal to reduce absolute Scope 1 and 2 emissions by 90% and Scope 3 emissions by 90% by 2050. In addition to these targets, American Express is focused on reducing energy use by 35% across its managed facilities by 2025, compared to a 2011 baseline. The company’s commitment to sustainability reflects its proactive approach to addressing climate change and reducing its environmental impact.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 36,158,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 126,270,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 33,173,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 |
How Carbon Intensive is American Express's Industry?
How Carbon Intensive is American Express's Location?
American Express's Scope 3 Categories Breakdown
American Express's Scope 3 emissions, which increased significantly last year and increased significantly since 2013, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 42% of Scope 3 emissions.
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American Express's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
American Express has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about American Express's sustainability data and climate commitments