Ameriprise Financial Inc

Common Name
Ameriprise Financial
Country
United States
Sector
Financial Services
Industry
Asset Management
Employees
10,000
Ticker
AMP
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Ameriprise Financial, Inc. is a diversified financial services company specializing in wealth management, asset management, and insurance solutions. Its principal function is to provide tailored finan...

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)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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b
0000000
Location-Based
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Ameriprise Financial’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Ameriprise Financial’s data sources below and access millions more through our Disclosure Search.

a. Ameriprise Financial's CDP Climate sourced from company’s website 2024
a. Ameriprise Financial's CDP Climate sourced from company’s website 2024
b. Ameriprise Financial's CDP Climate sourced from company’s website 2023
b. Ameriprise Financial's CDP Climate sourced from company’s website 2023
c. Ameriprise Financial's CDP Climate sourced from company’s website 2019
c. Ameriprise Financial's CDP Climate sourced from company’s website 2019

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). a

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. a

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 CO₂ equivalent (tCO₂e). a

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. a b

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. a

What are Ameriprise Financial's Scope 2 emissions?

In 2023, Ameriprise Financial reported Scope 2 greenhouse gas (GHG) emissions of 12,027 tCO₂e using the market-based method and 21,980 tCO₂e using the location-based method. a

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. a b

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. a

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. a

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 CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

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 a

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 CO₂ equivalent (tCO₂e). a

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. a

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. a b

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. a

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. a

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: a

  • Investments (Cat. 15): 18,000,000 tCO₂e (99.79%)
  • Business Travel (Cat. 6): 16,792 tCO₂e (0.09%)
  • Employee Commuting (Cat. 7): 15,179 tCO₂e (0.08%)

Ameriprise Financial's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.8%)

Insights into Ameriprise Financial’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Ameriprise Financial reported Scope 1 greenhouse gas (GHG) emissions of 5,534 tCO₂e and total revenues of USD 15,536 millions. This translates into an emissions intensity of 0.36 tCO₂e per millions USD. a

Ameriprise Financial's Scope 1 Emissions Intensity Compared to Peers

5505005,000100,000Scope 1 Emissions (tCO2e)1001,0005,00020,000100,000Revenues (Millions of USD)ATEAAres ManagementYear: 2023Scope 1: 47 tCO2eRevenue: $M 5,000Scope 1 Intensity: 0.01 tCO2e/$MBlue Owl CapitalYear: 2024Scope 1: 6 tCO2eRevenue: $M 2,308Scope 1 Intensity: 0.00 tCO2e/$MInvescoYear: 2024Scope 1: 585 tCO2eRevenue: $M 6,068Scope 1 Intensity: 0.10 tCO2e/$MPrincipal Financial GroupYear: 2024Scope 1: 5,015 tCO2eRevenue: $M 16,130Scope 1 Intensity: 0.31 tCO2e/$MAAArtisan PartnersYear: 2024Scope 1: 106 tCO2eRevenue: $M 1,112Scope 1 Intensity: 0.10 tCO2e/$MSEI InvestmentsYear: 2023Scope 1: 117 tCO2eRevenue: $M 1,921Scope 1 Intensity: 0.06 tCO2e/$MTTTPGYear: 2023Scope 1: 287 tCO2eRevenue: $M 1,817Scope 1 Intensity: 0.16 tCO2e/$MApollo Global ManagementYear: 2024Scope 1: 1,231 tCO2eRevenue: $M 26,136Scope 1 Intensity: 0.05 tCO2e/$MCarlyle GroupYear: 2024Scope 1: 975 tCO2eRevenue: $M 3,402Scope 1 Intensity: 0.29 tCO2e/$MEEEquitable HoldingsYear: 2024Scope 1: 1,548 tCO2eRevenue: $M 12,434Scope 1 Intensity: 0.12 tCO2e/$MKKR & CoYear: 2022Scope 1: 786 tCO2eRevenue: $M 5,567Scope 1 Intensity: 0.14 tCO2e/$MRaymond James FinancialYear: 2022Scope 1: 392 tCO2eRevenue: $M 10,859Scope 1 Intensity: 0.04 tCO2e/$MAAAllianceBernstein HoldingYear: 2024Scope 1: 278 tCO2eRevenue: $M 462Scope 1 Intensity: 0.60 tCO2e/$MNorthern TrustYear: 2021Scope 1: 1,797 tCO2eRevenue: $M 6,464Scope 1 Intensity: 0.28 tCO2e/$MBlackRockYear: 2023Scope 1: 6,689 tCO2eRevenue: $M 17,861Scope 1 Intensity: 0.37 tCO2e/$MCincinnati FinancialYear: 2023Scope 1: 14,066 tCO2eRevenue: $M 10,013Scope 1 Intensity: 1.40 tCO2e/$MTravelers CompaniesYear: 2024Scope 1: 19,069 tCO2eRevenue: $M 46,430Scope 1 Intensity: 0.41 tCO2e/$MAres CapitalYear: 2021Scope 1: 47 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.03 tCO2e/$MT Rowe Price GroupYear: 2024Scope 1: 1,845 tCO2eRevenue: $M 7,093Scope 1 Intensity: 0.26 tCO2e/$MAffiliated Managers GroupYear: 2022Scope 1: 601 tCO2eRevenue: $M 2,329Scope 1 Intensity: 0.26 tCO2e/$MState StreetYear: 2024Scope 1: 4,813 tCO2eRevenue: $M 12,917Scope 1 Intensity: 0.37 tCO2e/$MBROOKFIELD ASSET MANAGEMENTYear: 2024Scope 1: 322 tCO2eRevenue: $M 482Scope 1 Intensity: 0.67 tCO2e/$MPNC Financial Services GroupYear: 2022Scope 1: 32,100 tCO2eRevenue: $M 21,114Scope 1 Intensity: 1.52 tCO2e/$MBlackstoneYear: 2024Scope 1: 466 tCO2eRevenue: $M 10,939Scope 1 Intensity: 0.04 tCO2e/$MAmeriprise FinancialYear: 2023Scope 1: 5,534 tCO2eRevenue: $M 15,536Scope 1 Intensity: 0.36 tCO2e/$M

How does Ameriprise Financial's GHG emissions intensity compare to its peers?

In 2023, Ameriprise Financial reported a Scope 1 emissions intensity of 0.36 tCO₂e per millions USD. Compared to the peer group median of 0.21 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Ameriprise Financial rank on GHG emissions intensity within its industry?

In 2023, Ameriprise Financial ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Ameriprise Financial is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Ameriprise Financial's Total Carbon Footprint

In 2023, Ameriprise Financial reported a total carbon footprint of 18,065,802 metric tons of CO₂ equivalent (tCO₂e) 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. a

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%. a

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