American Express Global Business Travel

American Express Global Business Travel's reported carbon emissions

American Express Global Business Travel (Amex GBT), headquartered in the US, has set ambitious climate targets, including a commitment to net-zero carbon emissions by 2050. This aligns with the Paris Agreement goals to halve emissions by 2030 and achieve net-zero by 2050, using 2019 as a base year. They have also committed to science-based targets as an interim step towards their net-zero goal. For 2025, Amex GBT reported total emissions of approximately 2.95 billion kg CO2e. This figure is comprised of Scope 1 emissions totalling approximately 317,000 kg CO2e, Scope 2 emissions at approximately 1.35 million kg CO2e, and Scope 3 emissions amounting to approximately 2.94 billion kg CO2e. In 2024, the company's total emissions were approximately 2.51 billion kg CO2e. This included Scope 1 emissions of approximately 427,800 kg CO2e, Scope 2 emissions of approximately 1.23 million kg CO2e, and Scope 3 emissions of approximately 2.5 billion kg CO2e. Business travel emissions were a noted missing data point for this year. For 2023, reported emissions included Scope 2 at approximately 2.34 million kg CO2e (location-based) and Scope 3 business travel at approximately 20.26 million kg CO2e. Scope 1 emissions and other Scope 3 categories were not fully detailed for this year. Earlier data shows Scope 2 emissions of approximately 3.03 million kg CO2e in 2022 and approximately 1.96 million kg CO2e in 2021. Scope 3 business travel for 2022 was approximately 17.09 million kg CO2e, and for 2021, it was approximately 2.47 million kg CO2e. In 2020, Scope 2 emissions were approximately 1.77 million kg CO2e, with Scope 3 business travel at approximately 5.59 million kg CO2e. For 2019, Scope 2 emissions were approximately 7.61 million kg CO2e, and Scope 3 business travel was approximately 21.55 million kg CO2e. In 2018, total Scope 2 emissions were approximately 16.64 million kg CO2e and total Scope 3 emissions were approximately 13.63 million kg CO2e. In 2017, total reported emissions were approximately 12.24 million kg CO2e, comprising Scope 1 at approximately 11.34 million kg CO2e, Scope 2 at approximately 646,000 kg CO2e, and Scope 3 at approximately 48,700 kg CO2e. American Express Global Business Travel is committed to reducing its absolute Scope 1 and 2 GHG emissions by 60% by 2033 from a 2019 base year, and by 90% by 2050 from the same base year. They also aim to reduce absolute Scope 3 GHG emissions by 90% by 2050. Amex GBT is recognised for its commitments to science-based targets, as detailed in various ESG reports. The emissions data is not cascaded from a parent organisation.