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Public Profile
Financial Intermediation
US
updated 10 months ago

Ameriprise Bank, FSB Sustainability Profile

Company website

Ameriprise Bank, FSB, headquartered in the United States, is a prominent player in the financial services industry, specialising in banking and investment solutions. Founded in 1894, the bank has established a strong presence across various operational regions, providing a range of core products and services, including savings accounts, loans, and investment management. What sets Ameriprise Bank apart is its commitment to personalised financial planning, helping clients achieve their financial goals through tailored strategies. With a focus on customer service and innovative financial solutions, the bank has garnered a solid market position, recognised for its dedication to client satisfaction and financial wellness. Over the years, Ameriprise Bank has achieved significant milestones, reinforcing its reputation as a trusted partner in the financial landscape.

DitchCarbon Score

How does Ameriprise Bank, FSB'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.

31

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.

32

Industry Benchmark

Ameriprise Bank, FSB's score of 31 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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Ameriprise Bank, FSB's reported carbon emissions

Inherited from Ameriprise Financial, Inc.

Ameriprise Bank, FSB, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank is a current subsidiary of Ameriprise Financial, Inc., which may influence its climate-related initiatives and commitments. While there are no documented reduction targets or climate pledges specific to Ameriprise Bank, it is important to note that emissions data and performance metrics may be inherited from its parent company, Ameriprise Financial, Inc. This cascading of data suggests that any climate commitments or emissions reductions would align with the broader strategies of the parent organisation. As of now, Ameriprise Bank has not publicly outlined specific initiatives or targets related to carbon emissions reduction. The lack of detailed emissions reporting highlights an opportunity for the bank to enhance its transparency and commitment to climate action in the financial sector.

Unlock detailed emissions data

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

202020212022
Scope 1
6,142,000
0,000,000
0,000,000
Scope 2
14,353,000
00,000,000
00,000,000
Scope 3
14,205,000
00,000,000
00,000,000

How Carbon Intensive is Ameriprise Bank, FSB's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ameriprise Bank, FSB's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Ameriprise Bank, FSB's Location?

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 Ameriprise Bank, FSB is in US, which has a low grid carbon intensity relative to other regions.

Ameriprise Bank, FSB's Scope 3 Categories Breakdown

Ameriprise Bank, FSB's Scope 3 emissions, which increased by 208% last year and increased by approximately 188% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 66% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 44% of Scope 3 emissions.

Top Scope 3 Categories

2022
Business Travel
44%
Employee Commuting
33%
Fuel and Energy Related Activities
23%

Ameriprise Bank, FSB'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.

Ameriprise Bank, FSB has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

Compare Ameriprise Bank, FSB's Emissions with Industry Peers

Wells Fargo Bank, National Association

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

Associated Bank, National Association

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

U.S. Bank National Association

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

BMO BANK NATIONAL ASSOCIATION

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

BlackRock TCP Capital Corp.

US
•
Services auxiliary to financial intermediation (67)
Updated 25 days ago

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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

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