Enhance our operations and capabilities to meet customer and community needs in the transition to a low-carbon future.
We believe we have a role to play in supporting the transition to a low-carbon economy and have been working towards advancing climate solutions on
Minimizing Our Climate Impact
Advancing climate solutions starts with our own operations. Since 2018, we have been a CarbonNeutral® company, powered by 100% renewable electricity across our global operations.1 To build on these efforts, in 2021 we committed to net-zero emissions by 2035 in alignment with the Science Based Targets initiative (SBTi).
We are also working to enhance the management of our climate-related risks and opportunities across our business and became a formal supporter of the Task Force on Climate-Related Financial Disclosures (TCFD). In 2020 and 2021, we conducted a qualitative climate risk scenario analysis to assess physical and transition risks to our business related to climate change in alignment with the TCFD. Additionally, ESG risks–in particular climate risk–have been included as an emerging risk for the company and are part of our Enterprise Risk Management (ERM) framework.
In the News
American Express Releases 2021-2022 Environmental, Social and Governance (ESG) Report
August 4, 2022
American Express Announces New Initiatives to Support A Low-Carbon Future
April 11, 2023
American Express and Main Street America Announce More Than $2.3 Million in “Backing Small Businesses” Grants for U.S. Small Business Owners
March 20, 2023
Learn more about our progress on our Environmental, Social, and Governance (ESG) Strategy in our 2021-2022 ESG Report.