American Express
American Express Company, commonly known as Amex, is a leading player in the financial services industry, headquartered in the United States. Founded in 1850, the company has evolved significantly, establishing itself as a premier provider of charge cards, credit cards, and travel-related services. With a strong presence in North America, Europe, and Asia, American Express is renowned for its unique rewards programmes and exceptional customer service. The company’s core offerings include personal and business credit cards, travel services, and merchant solutions, all designed to enhance customer experiences. American Express has achieved notable milestones, such as being one of the first companies to introduce a traveler's cheque. Its commitment to innovation and customer satisfaction has solidified its position as a trusted brand in the financial sector, making it a preferred choice for millions worldwide.
DitchCarbon Score
How does American Express'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 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
American Express's score of 44 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
American Express's reported carbon emissions
In 2023, American Express reported total carbon emissions of approximately 31,221,000 kg CO2e, with Scope 1 emissions at about 28,952,000 kg CO2e and Scope 2 emissions (market-based) at approximately 2,269,000 kg CO2e. The company also recorded significant Scope 3 emissions, primarily from business travel, amounting to about 18,064,000 kg CO2e. Over the years, American Express has made substantial progress in reducing its carbon footprint. From 2019 to 2023, the company has committed to ambitious reduction targets, aiming for a 60% decrease in absolute Scope 1 and 2 emissions by 2033, using 2019 as the base year. Additionally, American Express plans to reduce its absolute Scope 3 emissions by 35% within the same timeframe. Long-term goals include achieving a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050. American Express has also pledged to reach net-zero greenhouse gas emissions across its value chain by 2050. Furthermore, the company aims for 75% of its membership rewards redemption partners and co-brand partners to have science-based targets by 2028, reinforcing its commitment to sustainability and climate action.
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 | 24,363,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 3,153,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 53,398,000 | 0,000,000 | 000,000 | 00,000,000 | 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.
American Express 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.
