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 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 29 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
AMP Limited's reported carbon emissions
In 2023, AMP Limited reported total carbon emissions of approximately 22,000,000 kg CO2e, comprising 7,281,000 kg CO2e from Scope 1, 980,000 kg CO2e from Scope 2, and 14,716,000 kg CO2e from Scope 3 emissions. This marked an increase in emissions compared to previous years, with 2022 emissions at about 15,000,000 kg CO2e, including 5,083,000 kg CO2e from Scope 1, 14,716,000 kg CO2e from Scope 2, and 9,278,000 kg CO2e from Scope 3. AMP's emissions have fluctuated over the years, with a notable decrease in 2021, where total emissions were around 12,000,000 kg CO2e. However, the company has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce emissions in line with industry standards. The company’s emissions profile highlights the significant contribution of Scope 3 emissions, which often represent the largest share of total emissions for financial institutions. AMP's commitment to addressing climate change remains unclear, as there are no documented reduction initiatives or targets available.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 5,653,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 9,034,000 | 00,000,000 | 0,000,000 | 00,000,000 | 000,000 |
| Scope 3 | 7,760,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
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 committed to some 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.
