AMP Limited
AMP Limited, commonly referred to as AMP, is a prominent financial services company headquartered in Australia. Established in 1849, AMP has evolved into a leading player in the wealth management and insurance sectors, with significant operations across Australia and New Zealand. The company offers a diverse range of products and services, including superannuation, investment solutions, and life insurance, distinguished by their customer-centric approach and innovative financial strategies. Over the years, AMP has achieved notable milestones, solidifying its market position as a trusted provider in the financial industry. With a commitment to helping clients secure their financial futures, AMP Limited continues to adapt and thrive in a competitive landscape, making it a key player in the Australian financial services market.
DitchCarbon Score
How does AMP Limited'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 Services Auxiliary to 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
AMP Limited's score of 32 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AMP Limited's reported carbon emissions
In 2024, AMP Limited reported total carbon emissions of approximately 4,421,000 kg CO2e. This figure includes about 662,000 kg CO2e from Scope 1 and 2 emissions, while Scope 3 emissions accounted for approximately 3,758,000 kg CO2e. In 2023, the company’s total emissions were about 6,633,000 kg CO2e, with Scope 1 and 2 emissions at approximately 980,000 kg CO2e and Scope 3 emissions at around 5,653,000 kg CO2e. Looking back to 2022, AMP's total emissions were about 7,281,000 kg CO2e, with Scope 1 and 2 emissions contributing approximately 2,198,000 kg CO2e and Scope 3 emissions at around 5,083,000 kg CO2e. The data indicates a significant reduction in total emissions from 2022 to 2024, reflecting a downward trend in their carbon footprint. AMP Limited has not disclosed specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent company. The absence of defined science-based targets (SBTi) or documented climate pledges suggests that while the company is tracking its emissions, it may not yet have formalised commitments to reduce them in line with global climate goals. Overall, AMP Limited's emissions data highlights the importance of ongoing monitoring and potential future commitments to enhance their sustainability efforts in the context of climate change.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | - | - | - |
| Scope 2 | - | 00,000,000 | 0,000,000 | - | - | - |
| Scope 3 | 14,227,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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.
AMP Limited is not participating in any 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.
