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 and operating in the 'Other business services (74)' sector, has outlined a commitment to achieving net-zero emissions by 2050. This ambition is supported by interim goals, including halving emissions by 2030 against a 2019 baseline, aligning with the Paris Agreement. For the reporting year 2025, Amex GBT reported total emissions of approximately 654,343,000 kg CO2e. This figure comprises Scope 1 emissions totalling about 360,000 kg CO2e, Scope 2 emissions of approximately 463,000 kg CO2e (market-based), and substantial Scope 3 emissions estimated at about 654,343,000 kg CO2e. Notably, within Scope 3, the 'use of sold products' category accounts for the largest portion, at approximately 2,876,343,000 kg CO2e. In 2024, total reported emissions were approximately 2,449,209,000 kg CO2e. This breakdown includes Scope 1 emissions of about 424,800 kg CO2e, Scope 2 emissions of approximately 1,230,000 kg CO2e (location-based), and Scope 3 emissions of about 2,449,209,000 kg CO2e. Prior years' data shows Scope 2 emissions at approximately 2,117,000 kg CO2e in 2023, with Scope 3 business travel emissions at around 20,259,000 kg CO2e for the same year. In 2022, Scope 2 emissions were approximately 2,782,000 kg CO2e (market-based) and Scope 3 business travel at about 17,085,000 kg CO2e. For 2021, Scope 2 emissions stood at approximately 1,760,000 kg CO2e (market-based), with Scope 3 business travel at around 2,470,000 kg CO2e. Amex GBT has committed to science-based targets as part of its journey towards net-zero. While the data provided does not indicate cascading from a parent organisation, the company has publicly committed 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. A more immediate goal is to reduce absolute Scope 1 and 2 GHG emissions by 60% by 2033, also from a 2019 baseline.