Amp Capital

Amp Capital's reported carbon emissions

AMP Capital, an Australian financial intermediation services company, reported approximately 7,116,000 kg CO2e of total emissions in 2023. This comprised about 27,000 kg CO2e of Scope 1 emissions, approximately 953,000 kg CO2e of Scope 2 emissions, and about 5,653,000 kg CO2e of Scope 3 emissions. In 2022, AMP Capital's total emissions were approximately 14,716,000 kg CO2e, with Scope 3 emissions accounting for about 9,278,000 kg CO2e, and Scope 1 and 2 emissions totalling approximately 14,716,000 kg CO2e. For the 2021 reporting year, AMP Capital's total emissions were approximately 14,716,000 kg CO2e. This included Scope 1 emissions of about 146,000 kg CO2e, Scope 2 emissions of approximately 7,208,000 kg CO2e, and Scope 3 emissions totalling around 9,728,000 kg CO2e. The company also reported total emissions of about 15,435,000 kg CO2e in 2020, with Scope 1 at approximately 24,015,000 kg CO2e and Scope 2 at about 32,163,000 kg CO2e, alongside Scope 3 emissions of around 9,034,000 kg CO2e. In 2019, total emissions were approximately 21,987,000 kg CO2e, comprising Scope 1 emissions of about 75,000 kg CO2e and Scope 2 emissions of approximately 7,685,000 kg CO2e, with Scope 3 emissions at about 14,227,000 kg CO2e. AMP Capital has a significant climate commitment to reduce Scope 1 and 2 emissions by 42% by 2030 from a 2019 baseline year. This target includes the goal of sourcing 100% renewable electricity. Furthermore, AMP Capital has committed its managed Real Estate funds to achieve net-zero carbon for Scope 1 and 2 emissions by 2030, with a specific focus on buildings operating on 100% renewable electricity. In 2021, AMP maintained its carbon-neutral position.