Tuesday 26 April 2022

American Express commits to net zero by 2035

American Express pledges to hit net zero emissions by 2035.

The payment card provider reaffirmed its stance on tackling climate change, with new monetary targets and aims for emissions reduction.

It has stated it will provide at least $10 million (£7.85m) during the next three years to initiatives that address the impacts of climate change and lower pollution levels in communities.

It surveyed the thoughts of its customers on climate change, finding that 76% feel a greater urgency to fight climate change than they did a year ago and 84% want to better understand their carbon footprint.

Since 2018, the company claims it has been carbon-neutral and powered by entirely renewable electricity – it is now looking to improve its action within communities and step up investment in green projects.

Jen Skyler, Chief Corporate Affairs Officer, said: “We’re all still learning in this space and it’s important to be ambitious and practical by doing what we can as a company to reduce our emissions as much as possible while doing our part to ensure a low-carbon future.”