Public Profile

American Express

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.

67

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.

26

Industry Benchmark

American Express's score of 67 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

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American Express's reported carbon emissions

In 2022, American Express reported total carbon emissions of approximately 45,296,000 kg CO2e. This figure includes 29,422,000 kg CO2e from Scope 1 emissions, 3,849,000 kg CO2e from Scope 2 emissions (market-based), and 12,025,000 kg CO2e from Scope 3 emissions. Notably, the company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. American Express has established several reduction targets, including a 60% reduction in absolute Scope 1 and 2 emissions by 2033 from a 2019 baseline. Additionally, the company aims to reduce absolute Scope 3 emissions by 35% within the same timeframe. For the long term, American Express is committed to a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050, also from a 2019 baseline. These commitments align with the Science Based Targets initiative (SBTi), demonstrating American Express's dedication to addressing climate change and reducing its carbon footprint in the financial services sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2019202020212022
Scope 1
24,363,000
00,000,000
00,000,000
00,000,000
Scope 2
3,153,000
0,000,000
0,000,000
0,000,000
Scope 3
53,398,000
0,000,000
000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. American Express's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for American Express is in US, which has a low grid carbon intensity relative to other regions.

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.

American Express is participating in some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers