Carbon offsets can play an important role in helping to manage climate change by funding projects that reduce greenhouse gases. When paired with your company’s own actions towards energy-efficiency and other sustainability initiatives, carbon offsets can help reduce your carbon footprint.1,2
Carbon Removal projects focus on eliminating carbon that’s already present in the atmosphere. Think of efforts like reforestation or sequestration.
Carbon Avoidance projects focus on how to help prevent the release of new carbon into the atmosphere. An example is renewable energy.
The Corporate Carbon Offset Referral Suite offers a list of carbon offset providers curated
by American Express. These providers can help you make progress towards your climate goals and
contribute to a lower-carbon future through the purchase of carbon offsets.1,2,3
No
matter which carbon offset provider your company chooses to work with, offsets can help support your
company's climate goals and combat climate change.
Climate Impact Partners develops and delivers high-quality, high-impact carbon market solutions for climate action. Climate Impact Partners has supported over 600 carbon projects across 56 countries focused on transforming the global economy, improving health and livelihoods, and restoring a thriving planet. Climate Impact Partners adheres to the International Carbon Reduction and Offset Alliance (ICROA) Code of Best Practice, undergoes an annual third party audit, and ensures all carbon finance projects are independently validated and verified to recognized global standards.
Founded with a vision to help the world's largest enterprises address their carbon footprint, Rubicon Carbon works to meet the growing demand for high-quality carbon offsets through risk adjusted portfolios. Backed by TPG Rise Climate and led by experienced finance and sustainability executives, Rubicon Carbon actively manages and monitors these portfolios for customers to help them meet their decarbonization and sustainability goals.
More to come – check back soon
South Pole develops and implements comprehensive emission reduction projects and strategies that turn climate action into long-term business opportunities. South Pole develops projects that adhere to internationally recognized standards and are audited regularly by independent third-party organizations to ensure additionality and environmental integrity.
If you’d like to learn about more ways American Express can help your company reach its Environmental, Social, and Governance goals, please contact our Account Development team.
One of the most important ways we can back our colleagues, customers, and communities is to help contribute to a more sustainable future and act to protect the environment on which all life depends. Climate change is one of the greatest challenges facing humanity, and we are committed to supporting the global transition to a low-carbon economy.
American Express has been a carbon neutral company powered by 100% renewable electricity across our global operations since 2018.* We committed to net-zero emissions by 2035 in alignment with the Science Based Targets initiative and have a goal to 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.
For more information about how American Express is working to advance climate solutions, review the latest Environmental, Social, and Governance report.
Learn More
*Operations include all our managed facilities, field sites, and data
centers. Managed facilities are individual properties operationally managed by our global real estate
team and housing critical business functions. Field sites are individual properties that are not
operationally managed by our global real estate team but directly by our business units. They are
typically smaller sites, less than 30,000 square feet (including airport lounges, foreign exchange
kiosks, and sales offices). The company’s goal to remain carbon neutral covers Scope 1 (direct emissions
from sources owned or controlled by American Express), Scope 2 (indirect location-based and market-based
emissions), Scope 3 emissions (Category 5 waste generated in operations and Category 6 business travel)
through renewable energy credits, carbon offsets, and reduced GHG emissions.
