Ameriprise Financial Inc

Common Name
Ameriprise Financial
Country
United States
Sector
Financial Services
Industry
Asset Management
Employees
13,600
Ticker
AMP
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Ameriprise Financial, Inc. is a diversified financial services company that provides a wide array of financial products and services to its clients. Founded in 1894 and headquartered in Minneapolis, M...

Ameriprise Financial's GHG Emissions Data Preview

In 2023, Ameriprise Financial completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Ameriprise Financial has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Ameriprise Financial's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Ameriprise Financial amounted to 27,514 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Ameriprise Financial increased by 4.87%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Ameriprise Financial's Scope 1 Emissions Over Time

2019202020212022202302 k4 k6 k8 ktCO2e-13%+9%-18%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Ameriprise Financial's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Ameriprise Financial were 5,534 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Ameriprise Financial reduced its Scope 1 emissions over time?

Since 2019, Ameriprise Financial's Scope 1 emissions have decreased by 26.32%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Ameriprise Financial's Scope 1 emissions decreased by 6.19%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Ameriprise Financial's Scope 2 emissions?

In 2023, Ameriprise Financial reported Scope 2 greenhouse gas (GHG) emissions of 12,027 tCOâ‚‚e using the market-based method, and 21,980 tCOâ‚‚e using the location-based method.

Has Ameriprise Financial reduced its Scope 2 emissions over time?

Since 2019, Ameriprise Financial's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 33.63%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Ameriprise Financial's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Ameriprise Financial 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Ameriprise Financial use for Scope 2 reporting?

In 2023, Ameriprise Financial reported its Scope 2 emissions using the market-based method and using the location-based method.

Ameriprise Financial's Scope 2 Emissions Over Time

2019202020212022202309 k18 k27 k36 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Ameriprise Financial's Value Chain Emissions

In 2023, Ameriprise Financial reported 18,038,288 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Ameriprise Financial includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Ameriprise Financial's Scope 3 Emissions Over Time

2019202020212022202305 M10 M15 M20 MtCO2e-30%-19%+100%+40419%
  • Total Scope 3
  • Year-over-Year Change

What are Ameriprise Financial's Scope 3 emissions?

In 2023, Ameriprise Financial reported total Scope 3 emissions of 18,038,288 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0.21% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.79% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Ameriprise Financial reduced its Scope 3 emissions over time?

Since 2019, Ameriprise Financial's Scope 3 emissions have increased by 45,937.18%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Ameriprise Financial's Scope 3 emissions increased by 40,419.09%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Ameriprise Financial disclose?

In 2023, Ameriprise Financial reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Ameriprise Financial's Scope 3 emissions?

In 2023, the largest contributors to Ameriprise Financial's Scope 3 emissions were:

  • Investments (Cat. 15): 18,000,000 tCOâ‚‚e (99.79%)
  • Business Travel (Cat. 6): 16,792 tCOâ‚‚e (0.09%)
  • Employee Commuting (Cat. 7): 15,179 tCOâ‚‚e (0.08%)

Ameriprise Financial's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.8%)

Insights into Ameriprise Financial's Total Carbon Footprint

In 2023, Ameriprise Financial reported a total carbon footprint of 18,065,802 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25,433.26% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Ameriprise Financial's total carbon footprint was Scope 3 emissions, accounting for 99.85% of the company's total carbon footprint, followed by Scope 2 emissions at 0.12%.

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