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.
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.
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.
AMP Limited's score of 53 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, AMP Limited reported total carbon emissions of approximately 14,227,000 kg CO2e, with emissions distributed across various scopes: 46,000 kg CO2e from Scope 1, 980,000 kg CO2e from Scope 2, and 14,227,000 kg CO2e from Scope 3. This represents a significant reduction in Scope 1 and Scope 2 emissions compared to previous years, where Scope 1 emissions were about 662,000 kg CO2e in 2022 and Scope 2 emissions were approximately 5,653,000 kg CO2e. In 2022, AMP's total emissions were approximately 7,760,000 kg CO2e, indicating a shift towards lower emissions in the following year. The company has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. AMP's emissions profile shows a trend of decreasing Scope 1 and Scope 2 emissions, while Scope 3 emissions remain a significant area of focus, accounting for the majority of their carbon footprint. The company continues to engage in sustainability practices, although specific initiatives or commitments have not been detailed.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 6,633,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 | 00,000 |
Scope 2 | 4,421,000 | 00,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
Scope 3 | 21,987,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 |
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 committed to any reduction initiatives 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.