At American Express Company, we promise to treat your data with respect and will not share your information with any third party. 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. To learn more about American Express approach to corporate responsibility and ESG, visit https://amex.co/ESG. At American Express, our Environmental, Social, and Governance (ESG) mission is to back people and businesses to thrive and create equitable, resilient, and sustainable communities globally. (ISSN) is the following 2515-9569 (Printed) and2515-9577 (online Website). To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. WebMastercard USA | A Global Payment Technology Solutions Company NEW YORK--(BUSINESS WIRE)--American Express (NYSE: AXP) today released its American Express Releases 2021-2022 Environmental, Social and Governance (ESG) Report - Worldnews.com American Express Releases 2021-2022 Environmental, Social and Governance (ESG) Report by members of underrepresented groups. Salary details estimated by job boards such as Indeed, Glassdoor, and LinkedIn do The information contained in the materials that may be accessed above speaks only as of the date on which such information was issued. American Express Global Business Travel (GBT) maintains a joint compliance program with their Travel Partner Network of approximately 100 independent travel agencies that function To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Provide responsible, secure, and transparent products and services to help people and businesses build financial resilience. I am exceptionally proud of what we have achieved to date on our ESG strategy, thanks to the dedication of our colleagues around the world who bring our companys purpose to life. 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, CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS For us, thats a time to reflect on our vision to provide the 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. Our Environmental, Social and Governance program, launched in 2021, formalizes and builds upon the strong environmental, health and safety record the Company prides itself on. 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 Offer small business owners access to Business Class, a platform with customised business education resources. We seek to mobilize our business to address pressing global challenges and deliver high impact initiatives to serve our colleagues, customers, and communities. Managed facilities are individual properties operationally managed by our global real estate team and housing critical business functions. The sample was collected using an email invitation and an online survey. The worlds top B2B travel platform, Amex GBT, is a division of American Express Global Business Travel. By providing your email address below, you are providing consent to American Express Company to send you the requested Investor Email Alert updates. 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. 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. Webfor each metric and tracks progress through annual sustainability reports. [3] The American Express 2021 Small Business Saturday Consumer Insights Survey was conducted by Teneo on behalf of American Express and the National Federation of Independent Business (NFIB). 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. SW10 0QJ,United Kingdom. For more Sustainability; Frozen food is a sustainable meal solution. 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. American Express Releases 2020-2021 Environmental, Social, and Governance Report with New Long-Term Goals, 2020-2021 Environmental, Social, and Governance (ESG) Report, commitment to net-zero emissions globally by 2035. Impakter informs you through the eco news site and empowers your sustainable lifestyle with its eco products marketplace. The American Express 2021 Small Business Saturday Consumer Insights Survey was conducted by Teneo on behalf of American Express and the National Federation of Independent Business (NFIB). And lastly, The Global Merchant and Network Services segment operates a global payments network that processes and settles card transactions, acquires merchants, and provides multi-channel marketing programs and capabilities, services, and data analytics. Between 2019 to 2021, AMEX employees participated in reforestation efforts planting 4,000 native trees and performing maintenance on fire breaks in the Nevado de Toluca Protected Natural Area, Long-standing partnership with the Hispanic Federation and in 2021, AMEX committed $2M over four years to support the, Hispanic Federations Latino Capacity Building Institute, and its COVID-19 Emergency Assistance Fund, to help boost the prospects of women entrepreneurs to gain government contracts, Impakter is a publication that is identified by the following. Learn more about our progress on our Environmental, Social, and Governance (ESG) Strategy in our 2021-2022 ESG Report. The sample was collected using an email invitation and an online survey. Power 2021 US Online & Mobile App Credit Card Satisfaction Studies. 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. [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. If you experience any issues with this process, please contact us for further assistance. - Since late 2020, more than $14 million provided in grants to these organizations; Invest $500 million to build more resilient and equitable communities from 2021 through 2025, - Support small business needs, job creation and retention, and affordable housing, including the development of more than 1,900 units of affordable housing, Provide at least five million individuals with tools, resources, and educational content to improve financial well-being from 2021 through 2025, - As of May 1, 2022, MyCredit Guide and Score Goals had more than 4.5 million enrolled users where they have access to VantageScore 3.0 credit score and detailed TransUnion personal credit report, as well as a credit score simulator to see how actions like paying down debt or opening a new account could affect their score. To build on this momentum, the company has established a new goal to invest an additional $3 billion toward DE&I initiatives globally through 2025, bringing its total projected investment to $4 billion. 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. BOX 505000 AMEX also helps individuals and business owners with providing financial literacy, training and mentoring programs through longstanding partnerships with, American Express Files for Inaugural $1 Billion Sustainability Bond Issuance ESG Today, American Express Meetings & Events Signs Net Zero Carbon Events Pledge Meetings International, AMEX has been a CarbonNeutral company since 2018, powered by 100% renewable electricity across global operations, Published inaugural DE&I Report in 2021 and continued to provide additional data on hiring, promotions, and retention by race and ethnicity in this report, Exceeded $1 billion in spending towards the DE&I Action Plan announced in October 2020 by expanding access to capital and financial education to underrepresented-owned suppliers, and by partnering with nonprofit organisations focused on promoting equality, Maintained 100% pay equity across genders globally and across races and ethnicities in the US for the 2nd consecutive year, 76% of US participants in the American Express Leadership Academy in 2021 were from underrepresented groups, exceeding the goal of 75% by 2024, $265M in community development loans and investments through the American Express Center for Community Development in 2021, World Economic Forums Clean Skies for Tomorrow Coalition, Global Future Council on Sustainable Tourism, to help promote sustainable travel practices, , totaled over $365,000 helping AMEX employees children with undergraduate college tuition that range from $2,000 $4,000 in the U.S. and Canada, , more than 3,000 first-time managers were helped through the executive level prepare for their new roles, Over 1,500 colleagues enrolled in AMEXs first 2021 offering of Harvard Leadership Edge, a hands-on, customized eight-week program for building leadership skills, 14 Colleague Networks, with over 100 chapters worldwide, for sharing common experiences and interests, 85% of participants indicated that they feel valued as a colleague at AMEX, 91% of participants responded that they feel supported by their leader in making decisions about their well-being, US corporate customers have access to the Carbon Offset Referral Suite, launched in June 2022, a curated list of carbon offset providers, Shop with Purpose program, where customers are provided with special promotions through Amex Offers with select Certified B Corp companies and other brands committed to making a difference during Earth Month in 2022, Carbon Footprint Dashboard available to certain commercial clients to help track estimated carbon emissions associated with their employees air travel. American Express Releases 2021-2022 Environmental, Social and Governance (ESG) Report. Highlight for the environmental progress is that AMEX has been carbon neutral since 2018 and continues to maintain this neutrality. The sample was collected using an email invitation and an online survey. American Express is following the methodology of the SBTi for our commitment to net zero emissions by 2035, which covers all Scope 1 and 2 emissions and a minimum of two-thirds of total Scope 3 emissions in conformance with the GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard. Investing in Communities:Through the companys Center for Community Development (CCD), American Express has underwritten $265 million in community development loans and investments in 2021 that supported small business needs, job creation and retention, and the development of more than 1,900 units of affordable housing in the U.S. To view the 2021-2022 Environmental, Social and Governance (ESG) Report and learn more about American Express ESG strategy, visit, American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. 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. A further description of these and other risks and uncertainties can be found in the Companys Annual Report on Form 10-K for the year ended December 31, 2020 and the Companys other filings with the U.S. Securities and Exchange Commission. You can sign up for additional alert options at any time. 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 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). 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. 2 Our commitment of more than $300 million, supported Card Member offers as well as marketing to encourage customers in select countries to support small businesses in 2020 and 2021. Goals are well defined and progress can be easily measured, for the most part. WebOur 2021-2022 Environmental, Social and Governance (ESG) Report highlights progress on our ESG Strategy and how we continue to back our colleagues, customers, and 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. In 2021 joined the World Economic Forums Clean Skies for Tomorrow Coalition and Global Future Council on Sustainable Tourism to help promote sustainable travel practices, Progress made toward SDG targets As reported by American Express. This presentation contains certain forward-looking statements that are subject to risks and uncertainties and speak only as of the date on which they are made. To learn more about American Express approach to corporate responsibility and ESG, visit https://amex.co/ESG. Although AMEX mentions the SDGs they focus on, the company does not link goals, nor progress with the SDGs. AMEX also helps individuals and business owners with providing financial literacy, training and mentoring programs through longstanding partnerships with Junior Achievement worldwide. WebIn 2021, we modernized our reporting approach, to better meet the unique information needs of various stakeholders and allow for more continuous dialogue by disclosing progress and key metrics for each of our responsibility focus areas in stand-alone reports. 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. 1-800-463-5911 32 Lots Road, London 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. 3 The American Express 2021 Small Business Saturday Consumer Insights Survey was conducted by Teneo on behalf of American Express and the National Federation of Independent Business (NFIB). Support a diverse, equitable, and inclusive workforce, marketplace, and society. It was conducted anonymously on November 28, 2021. WebSustainability First Americans sustainability practices are guided by our core values of integrity, commitment, service, leadership and teamwork. 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. 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. Detailed segmentation of international and local products. 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. These values influence the way in which we conduct our business and engage with the communities where we live and work. Sustainability; Frozen food is a sustainable meal solution. Issuing a wide range of proprietary consumer cards is the responsibility of the Global Consumer Services. It was conducted anonymously on November 28, 2021. The framework lists a variety of initiatives that could receive funding from the notes, including those that promote the circular economy, green buildings, energy efficiency, renewable energy, socioeconomic advancement and empowerment, access to basic services, and affordable housing. IHG's sustainable management initiatives have earned the company several awards and recognitions, such as being named as the industry leader in sustainability by the Dow Jones Sustainability Indices for the fourth consecutive year in 2020. 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. It was conducted anonymously on November 28, 2021. 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. Managed facilities are individual properties operationally managed by our global real estate team and housing critical business functions. ABOUT AMERICAN EXPRESS WebJoin to get special offers, know about new products and hear about events first. The forward-looking statements contain words such as expect, goal, commit, plan, will, may, should, could, would, likely, and similar expressions. WebThis includes reduced numbers of volunteers, social distancing, masks, and no sharing of equipment. WebJOIN US IN CELEBRATION OF Earth Month BY MAKING A POSITIVE ENVIRONMENTAL IMPACT IN YOUR COMMUNITY! The report covers the calendar year 2021 and in some cases, highlights from programs and initiatives launched in 2022, are covered. American Express celebrates its 172nd birthday on March 18, 2022. The survey has an overall margin of error of +/- 2.0%, at the 95% level of confidence. To view the 2021-2022 Environmental, Social and Governance (ESG) Report and learn more about American Express ESG strategy, visit https://go.amex/esg. During this 1 hour event you will: Find out more about reforestation and restoration in British Columbia. After submitting your request, you will receive an activation email to the requested email address. [2] American Express is following the methodology of the SBTi for our commitment to net zero emissions by 2035, which covers all Scope 1 and 2 emissions and a minimum of two-thirds of total Scope 3 emissions in conformance with the GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard. 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. Join us for an exclusive Keep Cool screening on March 24th! This will expand to include additional categories of spendincluding ground transportation, hotel stays, restaurants, and retailto help understand better carbon footprint, Launched in July 202, Zogo Financial Education app has provided select AMEX Card Members with the opportunity to try out My Financial Plan, to see how income, assets, expenses, liabilities, and cash flow come together for planning life events, Nova Credits Credit Passport integrates has helped thousands of newcomers from Australia, Canada, India, Mexico, and the UK access their credit reports and get approved for an AMEX Express Card. After submitting your request, you will receive an activation email to the requested email address. To build financial confidence in economically vulnerable and underserved communities, American Express has provided $265 million in community development loans and investments in 2021 and committed $17 million to its Backing Small grant program to support small businesses. We also raised the level of transparency we provide about our progress, particularly on the DE&I front, which demonstrates the rich, inclusive, and engaging culture we strive for at American Express.. 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. Canada The study gathered self-reported data and does not reflect actual receipts or sales. Protecting our corporate, customer, and colleague information is a priority for us. We have a responsibility to support environmental, social, and governance initiatives, from For more information on our Build Financial Confidence goals and initiatives, refer to our 2021-2022 ESG Report. Index.Impakter.com uses cookies to enhance your experience when visiting the website and to serve you with advertisements that might interest you. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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. Learn how. You must click the activation link in order to complete your subscription. The framework includes three main priorities: promote diversity, equity and inclusion (D,E&I), advance climate solutions and build financial confidence. American Airlines has produced an annual Corporate Responsibility Report since 2007, but 2020 marked a new phase in the evolution of our reporting on environmental, social and governance (ESG) issues. American Express released its 2021-2022 Environmental, Social and Governance (ESG) Report. Backing Low Carbon Communities:The company pledged more than $3 million in grants toward its $10 million philanthropic goal to back low-carbon communities by 2025 in partnership with American Forests, C40 Cities, Earthwatch Institute, National Park Foundation, and Save the Children U.K. Backing Small: American Express launched a new community giving category, Backing Small, bringing together its grant programs to build financial confidence and support small businesses. Supporting Small Businesses: American Express aims to drive $100 billion in consumer spending at small, independently owned retailers or restaurants on Small Our information and cybersecurity program is designed to identify risks and protect the confidentiality, integrity, and availability of our data, as well as our information systems. 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. Michael Cook Director, ESG and Sustainability. If you experience any issues with this process, please contact us for further assistance. Key milestones detailed in the report include: Promoting Diversity, Equity, and Inclusion. IHG's sustainable management initiatives have earned the company several awards and recognitions, such as being named as the industry leader in sustainability by the Dow Jones Sustainability Indices for the fourth consecutive year in 2020. 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. Activity American Express Global Business Travel, Laurel Road, & PURE Insurance. Furthermore, the report follows Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), and Task Force on Climate-Related Financial Disclosures (TCFD) reporting guidelines. of respondents are willing to book a trip for 2022 even if they might have to cancel or modify it later 1. 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