american express climate change

While people's focus and concerns have shifted toward the pandemic in the last year, climate issues remain prominent in people's lives. Im constantly looking for ways to reduce my personal footprint and am conscious that even small steps can lead to big improvements. Azar Boehm, Azar.Boehm@aexp.com, +1.212.225.4052, Internet Explorer presents a security risk. Company plans to introduce new digital solutions to help corporate clients better understand their carbon footprint and expand the availability of its recycled plastic cards, As part of its $10 million philanthropic commitment toward climate action, the company is providing $2.25 million in grants to American Forests, National Park Foundation, and Earthwatch Institute. Rain droplets can be seen on a window looking out from a scientific post at the summit of Greenland . 3 American Express Carbon Footprint Tool calculations are derived by applying selected conversion factors to spending made with the following American Express Corporate products: Corporate Card, Business Travel Account, Corporate Meeting Card, Corporate Purchasing Card, Buyer Initiated Payments, vPayments and Amex Go. Now. Climate scientists have for decades warned that the climate crisis would lead to more extreme weather. These moments certainly help to bring attention to issues, and they serve as an opportunity to highlight what companies are doing and what they intend to do. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. For those who are coming back to the office or hybrid, we are excited to get back out there and volunteer together! American Express (NYSE:AXP) today announced it has committed to net-zero carbon emissions by 2035, fifteen years ahead of the Paris Agreements 2050 goal. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress. Advancing climate solutions starts with our own operations. Making a living is hard - so few will have insurance or savings to fall back on in an emergency. 59% of those surveyed view climate change as a "very" or "extremely important" issue, a 10-point increase from 2018. American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. For example, Americans' understanding that climate change is happening has tied the prior all-time high, and public understanding that global warming is . Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress. Achieved carbon neutral operations for Scope 1 (direct emissions from sources owned or controlled by American Express), Scope 2 (indirect and market-based emissions), and Scope 3 (waste and employee business travel) emissions through renewable energy credits, carbon offsets, and reduced GHG emissions. Photo Credit_Courtesy of American Express, report on progress and how were driving innovation. Free shipping in Europe for orders over 100. American Express Environmental, Social, and Governance strategy is centered around three core pillars: Promoting Diversity Equityand Inclusion, Building Financial Confidence,andAdvancing Climate Solutions. In support of that goal, the company plans to make new digital products and services available later this year to help customers understand their carbon footprint. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. For details, see the Seasonal Temperature indicator. American Express and Ocean Conservancy have been partnering on beach cleanup events since 2018 as part of the companys Green2Gether program. American Express will also join the Business Ambition for 1.5C commitment and Race to Zero, and will provide at least $10 million in new philanthropic funding towards organizations and initiatives that drive action on climate change through 2025. Companies, like American Express, have a significant role to play and our stakeholders are increasingly expecting us to be an agent for change. It should be complemented with opportunity screening, particularly in markets previously classified only as high risk. Robots to the rescue. The American Express International Airline Program (IAP) is one of the lesser-known benefits for those who hold The Platinum Card from American Express, The Business Platinum Card from American Express or the Centurion Card from American Express.. Actual results may differ from those set forth in the forward-looking statements due to a variety of factors, including: the amount and efficacy of investments in product innovations, resources, marketing campaigns and programs; changing customer behaviors, interest in the companys products, resources and programs; managements inability to identify suitable suppliers, partners and community investments and negotiate acceptable terms; an inability to build partnerships and execute programs with other companies and of partners to meet their obligations to the company; changes in developing standards and certifications; the cost and availability of renewable energy, carbon removal and carbon offset projects and energy attribute certificates; regulation; changes in the companys colleague and community engagement strategies; and changes in economic or business conditions. Climate is finally firmly on the political agenda. Key links to products, services and corporate responsibility information: charge and credit cards, business credit cards, travel services, gift cards, prepaid cards, merchant services, Accertify, InAuth, corporate card, business travel, and corporate responsibility. Massive flooding. American Express also makes its Carbon Footprint Dashboard available to certain commercial clients so that they are able to track emissions data associated with their air travel, and through its colleague engagement efforts, has planted more than 150,000 trees in partnership with The Nature Conservancys Plant A Billion Trees program. Enhance our operations and capabilities to meet customer and community needs in the transition to a low-carbon future. The record-breaking heat, floods, storms, drought, and wildfires devastating communities around the world underscore the grave risks we already face. . The report was immediately met by skeptics who disputed his analysis on the link between climate change and certain health ailments. Learn more at. A growing, disruptive cutting-edge technology is actually helping humans and society. By providing your email address, you agree to receive the Business Class: The Brief Newsletter and related marketing communications from American Express. Actual results may differ from those set forth in the forward-looking statements due to a variety of factors, including: competition, brand perceptions and reputation; an inability to develop and market value propositions that appeal to Card Members and new customers; the amount and efficacy of investments in product innovations, resources, marketing campaigns and programs; changing customer behaviors, interest in the companys products, resources and programs, and willingness to access capital provided by the company, spend money at small businesses and value environmentally and socially responsible products and services; managements inability to identify suitable suppliers, grantees, partners and community investments and negotiate acceptable terms; an inability to build partnerships and execute programs with other companies and of partners to meet their obligations to the company; changes in developing standards and certifications; the cost and availability of renewable energy, carbon removal and carbon offset projects, energy attribute certificates, certified paper and green buildings, and alternatives to single-use plastic; supply chain and market disruption; regulation; potential M&A activity; severe weather conditions, natural disasters and other catastrophic events; changes in the companys real estate, technology, colleague and community engagement, and risk management strategies; an inability of waste management systems to divert waste to recycling and composting facilities; and changes in economic or business conditions and the companys ability to grow, improve its financial performance and execute on its strategies. Whats the role of a global company like American Express when it comes to ESG strategy and goals? While climate change affects all of us, it affects those already battling socioeconomic hardships even more. This release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 which are subject to risks and uncertainties. They are typically smaller sites, less than 30,000 square feet (including airport lounges, foreign exchange kiosks, and sales offices) that are owned or leased by American Express. More information on the companys sustainability strategy, goals, and progress will be available in the companys 2020-2021 ESG Report, which will be published on September 28, 2021. The film used to make the basket comes from a 1967 documentary . More than 920,000 expired or non-working cards have been recycled to date. If you do not change it, the system will automatically carry forward your previous year's airline choice. American Express and Ocean Conservancy have been partnering on beach cleanup events since 2018 as part of the company's Green2Gether program. Fig. 76% of consumers feel a greater urgency to address climate change than they did a year ago and 84% agree they would like to better understand their carbon footprint. $1.2 million to Urban Sustainability Directors Network (USDN). For more detailed data on our consumption of electricity, renewable energy, and Scope 1, 2, and 3 emissions, please see the Environmental Performance Data Summary and Limited Assurance Statement of GHG Emissions in the Supporting Data section of our. Leah M. Gerstner, Leah.M.Gerstner@aexp.com, +1.212.640.3174 They're often forced to live in makeshift homes, on land prone to flooding, storms and landslides. Those ideas evolved into the three key pillars of our ESG Framework, and weve created feasible, tangible, and achievable goals for each as we laid out on our ESG Roadmap announced last year. Coinciding with the 10-year anniversary of Super Storm Sandy this year, the grant will support the development of a Resilience Agenda for the tri-state region with goals, targets and actions for city leaders and policy makers, informed by research and engagement with community stakeholders. For instance, I try to go meatless at least two days a week, donate old clothes to Goodwill and my local Buy Nothing group or textile recycling groups like Green Tree Textiles, and I bring a water bottle into the office with me (and take a collapsible bottle when Im traveling) to avoid using plastic cups or bottles. LEED New Construction Gold Certified data center in North Carolina. All rights reserved, 3 Ways Business Leaders Can Take Action on Climate Change. Field sites are individual properties that are not operationally managed by our global real estate team but directly by our business units. INTRODUCING LOW-CARBON SOLUTIONS FOR CUSTOMERS. Commit to net-zero emissions by 2035 in alignment with the Science Based Targets initiative (SBTi), Enhance the management of climate-related risks and opportunities across our business, Pilot low-carbon product innovations, including carbon tracking and offset solutions, by the end of 2022, Provide at least $10 million to support initiatives, partnerships, and programs that address the adverse effects of climate change and pollution on communities from 2021 through 2025, Engage our colleagues in sustainability initiatives through the Green2Gether program. Results from each markets survey have a margin of error of plus or minus 3 percentage points. How can virtual colleagues contribute? But some states are in better shape to withstand it than others. 5. Since the launch of this program in 2019, American Express has recycled more than 1.3 million cards, including cards returned by Card Members. Americans are polarized over the causes and cures of climate change and how much they trust climate scientists, but most support a role for scientists in climate policy and expanding solar and wind energy. These are the top 10 climate crisis stories of 2021. As Lisa Friedman reported in the New York Times last week: What positive impact will that have in the communities, especially the cities, where our merchants and Card Members live and work? These grants support nature-based solutions and sustainability efforts in local communities, particularly in urban areas. Operations include all our managed facilities, field sites, and data centers. Americans are interested in climate news and require information about the global warming's impacts and solutions in order to inform their decision making about policies to reduce global warming or prepare for the impacts. Pilot low-carbon product innovations, including carbon tracking and offset solutions, by the end of 2022. Current news and data streams about global warming and climate change from NASA. President Obama laid out his climate-change plan on Thursday, which involves cutting U.S. carbon emissions, increasing renewable energy production and improving the . In support of that goal, the company plans to make new digital products and services available later this year to help customers understand their carbon footprint. Starting July 1, 2021, the card will have an annual fee of $695, up from the previous $550 . I think the undisputable answer is that were having a lot more conversations on ESG issues with all sorts of stakeholder groups that we never had five years ago. JS: We are working to engage thousands more of our colleagues globally in company-sponsored activities through our Green2Gether program, such as recycling drives, online lectures, community clean-ups, and food sustainability awareness campaigns. 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