Sustainability; Frozen food is a sustainable meal solution. It was conducted anonymously on November 28, 2021. Key links to products, services and corporate responsibility information: personal cards, business cards, travel services, gift cards, prepaid cards, merchant services, Accertify, Kabbage, Resy, corporate card, business travel, diversity and inclusion, corporate sustainability, and Environmental, Social, and Governance reports. Learn more at americanexpress.com and connect with on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress. The first $1 billion sustainability note issued by American Express will mature in 2029, with the proceeds going toward social and environmental initiatives. , a reservation drive as part of the Shop Small campaign that encouraged millions of people across the country to dine at independent restaurants in March 2022. American Express Company (AMEX) published this report to provide qualitative and quantitative information on the companys approach to managing Environmental, Social, and Governance (ESG) opportunities and risks. NEW YORK--(BUSINESS WIRE)--American Express (NYSE: AXP) today released its 2021-2022 Environmental, Social and Governance (ESG) Report. American Express Company provides charge and credit payment card products, and travel-related services worldwide. Web51.46 liters of water saved Product Details Shipping & Returns Recognized by B Corp in the global top 5% as Best for the World We meet high standards of social and environmental performance, public transparency and legal accountability. Rewards: 2. Expanding the DE&I Action Plan: American Express exceeded $1 billion in spending toward its DE&I Action Plan announced in October 2020, including increased supplier spending with underrepresented-owned suppliers, expanding access to capital and financial education and partnering with non-profit organizations focused on promoting equality, among other DE&I initiatives. Managed facilities are individual properties operationally managed by our global real estate team and housing critical business functions. Through mid-2021, the company has spent more than $450 million toward this target, which primarily includes spending with diverse suppliers, grants, and assistance for Black and minority-owned businesses, investments in pay equity, and philanthropic contributions. computershare.com/investor. The study is a nationally representative sample of 2,426 US adults 18 years of age or older. Through mid-2021, the company has spent more than $450 million toward this target, which primarily includes spending with diverse suppliers, grants, and assistance for Black and minority-owned businesses, investments in pay equity, and philanthropic contributions. WebCorporate Travel Management For Business | American Express GBT We are a leader in providing payment products and services to a broad range of customers, including consumers, small businesses, mid-sized companies and large corporations around the world. In 2021, we launched a new roadmap for our global ESG strategy, establishing new long-term goals and objectives across three critical areas for our company, stakeholders, and society: Promote Diversity, Equity, and Inclusion (DE&I); Advance Climate Solutions; and Build Financial Confidence. In addition, you should refer to American Express' reports filed with the Securities and Exchange Commission, which can be found here, for the most current information made available by American Express and for information regarding uncertainties and other risks that may cause American Express' actual results to differ materially from those described in any forward-looking statements made in our online materials. WebEvaluation of American Express. Provide access to credit to at least 4 million individuals from underserved or underrepresented populations from 2021 through 2025, Provide at least 5 million individuals with tools, resources, and educational content to improve financial well-being from 2021 through 2025, Support small businesses, including by reaching $100 billion in spending by consumers at small, independently owned retailers or restaurants on Small Business Saturday and during other Shop Small campaigns from 2021 through 2025, Invest $500 million to build more resilient and equitable communities from 2021 through 2025, Backing Small: Our new Community giving category Backing Small brings together grant programs to build financial confidence and support small business: $17M pledged through 2024 to support economically vulnerable or underrepresented small business owners, $23.3B in reported spending by US consumers on Small Business Saturday in 2021, $265M in community development loans and investments through the American Express Center for Community Development in 2021, 4.5M enrolled users of MyCredit Guide, a free service that gives consumers access to their credit scores, along with tools and information to help them take charge of their credit, as of May 2022. The survey has an overall margin of error of +/- 2.0%, at the 95% level of confidence. Among some of the initiatives taken within the D,E&I are strengthening a culture of inclusion and belonging across the company, supporting under-representedowned suppliers, partnering with non-profit organisations to promote equality and others. Salary details estimated by job boards such as Indeed, Glassdoor, and LinkedIn do To build financial confidence in economically vulnerable and underserved communities, American Express has provided $265 million in community development This includes reduced numbers of volunteers, social distancing, masks, and no sharing of equipment. To do that, we offer a wide range of industry-leading financial products, services, and tools all backed by our 100 percent U.S.-based customer service. WebRecognized by B Corp in the global top 5% as Best for the World We meet high standards of social and environmental performance, public transparency and legal accountability. Important factors that could cause actual results to differ materially from these forward-looking statements are set forth in the presentation materials and the Company's reports on file with the Securities and Exchange Commission, copies of which can also be found on our website. You can sign up for additional alert options at any time. While nature still needs your support, we ask that all volunteers comply with their respective state guidelines; have not tested positive for COVID-19 in the past 14 days; and do not have any symptoms including cough, sore throat, fever, etc. The study is a nationally representative sample of 2,426 U.S. adults 18 years of age or older. Issuing a wide range of proprietary consumer cards is the responsibility of the Global Consumer Services. P.O. Contact: Leah M. Gerstner,Leah.M.Gerstner@aexp.com, +1.212.640.3174. Media: 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 Third-Party Verification Statement in the Supporting Data: Our Commitment to Transparency section of the ESG Report. The study gathered self-reported data and does not reflect actual receipts or sales. Since announcing our ESG framework in 2020, we have solidified our strategy by developing a clear roadmap to translate our objectives into action and have been rapidly executing on our priorities, said Stephen J. Squeri, Chairman and Chief Executive Officer. You can sign up for additional alert options at any time. SW10 0QJ,United Kingdom. Maintaining 100% Pay Equity&Providing Transparency:For the second consecutive year, American Express maintained 100% pay equity across genders globally, and across races and ethnicities in the U.S., and published comprehensive disclosureson thediversity representation among its global colleague base. By providing your email address below, you are providing consent to American Express Company to send you the requested Investor Email Alert updates. Provide responsible, secure, and transparent products and services to help people and businesses build financial resilience. Source: American Express Company WebThe Retailing in India report includes: Analysis of key supply-side and demand trends. Sustainable Financing and ESG Reporting Frameworks American Express Global Business Travel (GBT) maintains a joint compliance program with their Travel Partner Network of approximately 100 independent travel agencies that function 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. NEW YORK March 9, 2021 American Express (NYSE: AXP) released the American Express Travel: Global Travel Trends Report today, which provides unique insight into consumer sentiment toward travel nearly one year after the COVID-19 pandemic began.The findings in the report, grounded in survey research across seven countries, Pilot low carbon product innovations, including carbon offset and tracking solutions: Provide access to capital and financial education to at least 250,000 underrepresented-owned small- and medium-sized business in the US from late 2020 through 2024: Committed $1 million over four years to support The Hispanic Scholarship Fund, with youth leadership initiatives, college education, and mentoring programs, $17M pledged to Backing Small grant programs to support thousands of small businesses, Provided $1M to support the National Park Foundations Service Corps programs with essential preservation projects in national parks across the US, Partnered with Women Impacting Public Policy and the US Small Business Administration to help boost the prospects of women entrepreneurs to gain government contracts. To view the 2021-2022 Environmental, Social and Governance (ESG) Report and learn more about American Express ESG strategy, visit https://go.amex/esg. Promoting Diversity, Equity, and Inclusion American Express is committed to supporting a diverse, equitable, and inclusive workforce, marketplace, and society. 2022 was a remarkable growth year for UEC as we invested over half billion dollars by making three highly accretive acquisitions, including Uranium One Americas, P.O. Bloombergs Gender-Equality Index (since 2016), Human Rights Campaign Corporate Equality Index 100% score (since 2004), Forbes Americas Best Employers for Diversity ranked #24, FORTUNE 100 Best Companies to Work For ranked #8, FORTUNE 100 Best Workplaces for Women ranked #2, Fortune Worlds Most Admired Companies ranked #13, Seramount 100 Best Companies ranked top 10. of respondents plan to spend more money on domestic travel and 64% plan to spend more money on international travel than they have in the previous year 1. The forward-looking statements, including the companys aspirational ESG commitments and goals, contain words such as believe, expect, anticipate, intend, plan, aim, will, may, seek, should, could, would, likely, commit, continue or other similar expressions. As part of American Express commitment to advancing climate solutions as a core pillar of our Environmental, Social, and Governance strategy, we are focused on Web2022 Corporate Sustainability Report AEP was named to the JUST 100 2022 list for the second consecutive year, recognizing AEP's commitment to sustainability and transparency. To further this objective, the company announced a $1 Billion DE&I Action Plan in October 2020, which outlined its initiatives to promote diversity, equity, and inclusion for its colleagues, customers, and communities. NEW YORK, August 04, 2022--American Express (NYSE: AXP) today released its 2021-2022 Environmental, Social and Governance (ESG) Report. Domestic North American flight hours in January slid 4.8%, an improvement from the 11.1% decline in December but also a 3.6% decline from the same month in 2019. Whether you are preparing for Earth Day in April 22 or want to share year-round the many ways frozen food supports sustainability, the Sustainability toolkit is a go-to resource. Webfor each metric and tracks progress through annual sustainability reports. The study gathered self-reported data and does not reflect actual receipts or sales. Learn more atamericanexpress.comand connect with on facebook.com/americanexpress, instagram.com/americanexpress,linkedin.com/company/american-express,twitter.com/americanexpress, andyoutube.com/americanexpress. Rewards: 2. Advancing Equal Opportunity in Communities: The company increased participation of members of underrepresented groups in its Leadership Academy for nonprofit leaders in the U.S. and provided more than $14 million since late 2020 in grants to nonprofit organizations, with a new Backing Equal Futures grant category. As part of its goal of advancing climate solutions, American Express has invested more than $150 million since 2019 in the development of facilities that have received green building certification. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Specifically, AMEX not only provided these businesses with educational resources, expanded access to credit and loans, grants, marketing support, but also encouraged their own customers to buy from small businesses, by rewarding their purchases. WebDec 15, 2021. 200 Vesey Street Projections are based on the current US Census estimates of the US adult population, age 18 years and over. American Express cards issued by American Express as well as by third-party banks and other institutions on the American Express network are accepted at millions of merchants around the world. Supplemental Environmental, Social and Governance Reports AEPs Climate Impact Analysis Report - A TCFD Report (March 2021) 2022 GRI Report 2022 SASB We undertake no obligation to update or revise any forward-looking statements. New York, NY 10285 At American Express, building financial confidence for our colleagues, our customers, and in our communities is a natural extension of our role as a global financial services leader and is a core pillar of our ESG Strategy. Backing Small brings together all AMEXs grant programs that focus on small businesses. Building Financial Confidence As one of the largest financial institutions in the world with an extensive small business customer base and merchant network, American Express has an opportunity to help people and businesses build financial resilience through responsible, secure, and transparent products and services. 2021e 2021 Express December 17, 2021 December 3, 2021 November 12, 2021 [] March 14, 2023 Read More 1300 I Street NW Suite 1200 East Washington, DC In this years ESG Report, the company is providing greater transparency on its progress, building on the enhanced disclosures and 2020 U.S. EEO-1 data published in the companys 2021 Interim ESG update earlier this year. Impakter.com uses cookies to enhance your experience when visiting the website and to serve you with advertisements that might interest you. American Express Company has announced the settlement of the companys first Environmental, Social, and Governance ( ESG) Bond, the proceeds of which may be allocated toward sustainable financing projects in the Green and Social categories as directed by the newly developed American Express Sustainable Financing And lastly, AMEX is planning on converting the majority of plastic cards to be made of at least 70% recycled or reclaimed plastic. Key links to products, services and corporate responsibility information: personal cards, business cards, travel services, gift cards, prepaid cards, merchant services, Accertify, Kabbage, Resy, corporate card, business travel, diversity and inclusion, and corporate responsibility. For us, thats a time to reflect on our vision to provide the Overall, AMEX sustainability efforts are clearly visible in the report and with only little progress remaining to achieve, AMEX is rated a B with a positive outlook. WebWith the right backing, people and businesses have the power to progress in incredible ways. American Express ESG Report is mapped to the following voluntary reporting standards and frameworks: Global Reporting Initiative (GRI) Standards Core We seek to mobilize our business to address pressing global challenges and deliver high impact initiatives to serve our colleagues, customers, and communities. American Express undertakes no obligation to update or revise any forward-looking statements. The company was founded by Henry Wells, William G. Fargo and John Warren Butterfield on March 28, 1850 and is headquartered in New York, NY. The sample was collected using an email invitation and an online survey. The report is structured around the 3 pillars of the SDGs, namely promote diversity, equity and inclusion (D,E&I), advance climate solutions and build financial confidence, and each pillar contains information on the goals, progress and initiatives taken to address the goals. Recently announced goals include: American Express ESG Report is mapped to the following voluntary reporting standards and frameworks: Global Reporting Initiative (GRI) Standards Core Option, Sustainability Accounting Standards Board (SASB), and Task Force on Climate-Related Financial Disclosures (TCFD). WebMARCH 24TH @ 6 PM PT 9 PM ET. It was conducted anonymously on November 28, 2021. 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. Activity American Express Global Business Travel, Laurel Road, & PURE Insurance. Operations include all our managed facilities, field sites, and data centres, Achieve green building certifications for 60% of our operations by 2025, - As of year-end 2021, approximately 56% of operations have achieved green building certifications, Reduce water use from our managed facilities by 10% per colleague compared to a 2019 baseline by 2025, - Due to COVID-19 affecting the implementation practices towards achieving this goal, AMEX is temporarily suspending reporting on this goal and is currently reviewing the methodologies, 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, - New partnerships announced in 2022 with American Forests, C40 Cities, National Park Foundation, and Earthwatch Institute, to fund projects and initiatives to support nature-based solutions and sustainability efforts in local communities, particularly in urban areas, Achieve zero waste certification for US headquarters (reach 90% waste diversion from landfills), - In 2021, 32% waste diverted from landfills at US headquarters, Reduce waste generated from our managed facilities by 10% per colleague compared to a 2019 baseline by 2025, Divert 60% of office waste generated from our managed facilities away from landfills by 2025, - In 2021, 54% of office waste generated was diverted from landfills, but there is no mention about how it was diverted, Eliminate single-use plastics across our operations by 2025, Source 100% of our direct marketing, customer communications, and office paper from certified responsibly managed forests by 2025, The vast majority of plastic cards issued by AMEX to be made from at least 70% recycled or reclaimed plastic by the end of 2024, - In summer 2021, launched first card made from recycled PVC in Canada In 2022, announced that France will become the first market to shift to recycled plastic for almost all of plastic cards, Maintain 100% pay equity across genders globally and across races and ethnicities in the US, - Median pay for women globally at AMEX was 106.7% of the median pay for men, $4 billion to spend toward DE&I initiatives (including underrepresented-owned suppliers), - Through initiatives such as Blueprint, Backing BIPOC Businesses, designed to support the advancement of Black, Indigenous, or People of Color (BIPOC) business owners in Canada, 100 small businesses owners received support, Double annual spend with underrepresented-owned suppliers in the US from a 2019 baseline to $750 million by the end of 2024, - In 2021, introduced more than 65 new underrepresented owned suppliers and in 2022 started working with select suppliers to begin tracking diverse supplier spend within their own supply chains, Increase spend with Black-owned suppliers to at least $100 million annually, Support small businesses, by reaching $100 billion in spending by consumers at small, independently-owned retailers or restaurants on Small Business Saturday and during other Shop Small campaigns from 2021 through 2025, - $23.3B in reported spending by US consumers on Small Business Saturday in 2021 including independent retailers and restaurants, Provide $50M in grants by 2024 to nonprofits focused on addressing , which is seeking to build a supersonic and sustainable airliner. Since announcing American Express $10 million commitment to support Black-owned small businesses through the Coalition to Back Black Businesses (CBBB), the program has helped small businesses meet critical needs and invest in long-term growth through a series of grants and resources, including mentorships and trainings. The Global Commercial Services segment serves the corporate and small businesses with proprietary cards, payment and expense management services, and commercial financing products. Projections are based on the current U.S. Census estimates of the U.S. adult population, age 18 years and over. In 2021, the application reach was expanded to people from Brazil, Dominican Republic, Kenya, and Nigeria, 53% of Executive Committee were women from diverse races and ethnic backgrounds, 50% of the total workforce were from diverse races and ethnic background, 57% of Board Member were women from diverse races and ethnic backgrounds. Actual results may differ from those set forth in the forward-looking statements due to a variety of factors, including those described in the 2021-2022 Environmental, Social and Governance Report and American Express filings with the Securities and Exchange Commission. Enhancing Climate-Related Disclosures and Risk Management: To help manage climate-related risks, American Express became a formal supporter of the Task Force on Climate-Related Financial Disclosures (TCFD) and incorporated ESG risk into the companys Enterprise Risk Management framework. Projections are based on the current U.S. Census estimates of the U.S. adult population, age 18 years and over. To advance this strategic pillar, the company established new goals and initiatives as detailed in the report including: To help build a more sustainable world, American Express is enhancing its efforts to help customers and communities transition to a low-carbon future. Field sites are individual properties that are not operationally managed by our global real estate team but directly by our business units. Ecoalf updates Join our newsletter CONTACT For any information: +34 917374653 contacto@ecoalf.com SECURE PAYMENT American Express (NYSE: AXP) is a globally integrated payments company that provides customers with access to products, insights and experiences that enrich lives and build business success. American Express celebrates its 172nd birthday on March 18, 2022. Media: To build financial confidence in economically vulnerable and underserved communities, American Express has provided $265 million in community development American Express intends that an amount equivalent to the net proceeds of the ESG Bond will be allocated toward new and existing Green and Social projects over the next two years. American Express ESG Report is mapped to the following voluntary reporting standards and frameworks: Global Reporting Initiative (GRI) Standards Core Option, Sustainability Accounting Standards Board (SASB), and Task Force on Climate-Related Financial Disclosures (TCFD). The December figure was impacted by the lack of peak season ordering as retailers worked off excess inventory and the fact that 2021 was a record for air volumes. for your eco products needs. 1 Achieved carbon neutral operations for Scope 1 (direct emissions from sources owned or controlled by American Express), Scope 2 (indirect market-based emissions), and Scope 3 (waste and employee business travel, including third-party air, rail, and rental cars) emissions through renewable energy credits, carbon offsets, and reduced GHG emissions. Five year forecasts of market trends and market growth. 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american express sustainability report 2021