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 48 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, AMP Limited reported total carbon emissions of approximately 4,000,000 kg CO2e, comprising 26,000 kg CO2e from Scope 1, 636,000 kg CO2e from Scope 2, and 3,758,000 kg CO2e from Scope 3 emissions. This marks a significant reduction from previous years, particularly in Scope 1 and Scope 2 emissions, which have decreased from 6,633,000 kg CO2e and 9,800,000 kg CO2e in 2019, respectively. In 2023, AMP's emissions were approximately 14,227,000 kg CO2e, with Scope 1 emissions at 46,000 kg CO2e and Scope 2 at 980,000 kg CO2e. The company has shown a trend of decreasing emissions over the years, with Scope 3 emissions peaking at 21,987,000 kg CO2e in 2019 before declining to 3,758,000 kg CO2e in 2024. Despite these reductions, AMP Limited has not publicly committed to specific science-based targets or climate pledges. The company continues to focus on reducing its carbon footprint through various initiatives, although detailed reduction targets have not been disclosed. Overall, AMP Limited's commitment to addressing climate change is evident in its ongoing efforts to lower emissions across all scopes.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2019 | 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.