Amp Capital

AMP Capital, an Australian financial intermediation services company, reported approximately 6.6 million kg CO2e in combined Scope 1 and 2 emissions for 2023. Their Scope 3 emissions for the same year were approximately 5.7 million kg CO2e, including approximately 143.7 million kg CO2e from investments.

For 2021, AMP Capital reported total emissions of approximately 14.7 million kg CO2e. This included approximately 146,000 kg CO2e for Scope 1 emissions, approximately 7.2 million kg CO2e for Scope 2 emissions, and approximately 9.7 million kg CO2e for Scope 3 emissions. Key Scope 3 categories for 2021 included purchased goods and services (approximately 4.4 million kg CO2e), upstream leased assets (approximately 3.5 million kg CO2e), and employee commute (approximately 1.1 million kg CO2e).

AMP Capital has set a near-term target to reduce its Scope 1 and 2 emissions by 42% by 2030, using a 2019 base year. This target also includes a commitment to 100% renewable electricity. Additionally, AMP Capital has committed all its managed Real Estate funds to achieve zero net carbon by 2030 for Scope 1 and 2 emissions, which encompasses natural gas, diesel, and electricity consumption, alongside ensuring buildings run on 100% renewable electricity. In 2021, the company maintained its carbon neutral position.