AMP Limited Sustainability Profile
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 50% 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 26,000 kg CO2e from Scope 1 emissions, 636,000 kg CO2e from Scope 2 emissions, and a significant 5,956,000 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 3,758,000 kg CO2e. Comparatively, in 2023, AMP's total emissions were about 6,633,000 kg CO2e, with Scope 1 and 2 emissions at approximately 5,653,000 kg CO2e and Scope 3 emissions reaching 7,760,000 kg CO2e. This indicates a notable reduction in total emissions from 2023 to 2024. AMP Limited has not disclosed specific reduction targets or initiatives as part of its climate commitments. The company does not appear to have cascaded any emissions data from a parent organisation, and there are no reported SBTi (Science Based Targets initiative) reduction targets. Overall, AMP Limited's emissions profile highlights a significant reliance on Scope 3 emissions, which are often the most challenging to manage and reduce. The company’s commitment to addressing its carbon footprint remains a critical aspect of its sustainability strategy.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 96,000 | 000,000 | - | 0,000,000 | 0,000,000 | - | - | 00,000 |
| Scope 2 | 9,221,000 | 0,000,000 | - | 00,000,000 | 0,000,000 | - | - | 000,000 |
| Scope 3 | 17,099,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is AMP Limited's Industry?
How Carbon Intensive is AMP Limited's Location?
AMP Limited'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.
AMP Limited 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.
