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AMP Ltd

Common Name
AMP
Country
Australia
Sector
Financial Services
Industry
Financial Conglomerates
Employees
2,366
Ticker
AMP
Exchange
ASX
Description
AMP Limited is a diversified financial services provider based in Australia, serving both the Australian and New Zealand markets. Founded in 1849, AMP Limited specializes in banking, superannuation, r...

AMP's GHG Emissions Data Preview

In 2024, AMP 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).

AMP has also provided a category-level breakdown for 7 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
Unspecified Calculation Method
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a
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a
0000000
Total Scope 3
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=AMP&reporting_period=2024"

Verified Sources Behind AMP’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 AMP’s data sources below and access millions more through our Disclosure Search.

a. AMP's ESG Data Spreadsheet 2024
a. AMP's ESG Data Spreadsheet 2024
b. AMP's Sustainability Report 2023
b. AMP's Sustainability Report 2023

Insights into AMP's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofAMP amounted to662metric 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 2023, the total operational greenhouse gas (GHG) emissions of AMPdecreased by 32.45%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

AMP's Scope 1 Emissions Over Time

20222023202408162432tCO2e-7%-4%
  • Total Scope 1
  • Year-over-Year Change

What are AMP's Scope 1 emissions?

In 2024, the total Scope 1 emissions of AMP were 26 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), AMP's Scope 1 emissions decreased by 3.7%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are AMP's Scope 2 emissions?

In 2024, AMP reported Scope 2 greenhouse gas (GHG) emissions of 636 tCOâ‚‚e without specifying the calculation method.a

Has AMP reduced its Scope 2 emissions over time?

Compared to the previous year(2023), AMP's Scope 2 emissions(Unspecified Calculation Method) fell by 33.26% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does AMP use for Scope 2 reporting?

In 2024, AMP reported its Scope 2 emissions using an unspecified methodology.a

AMP's Scope 2 Emissions Over Time

20222023202405501.1 k1.65 k2.2 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into AMP's Value Chain Emissions

In 2024, AMP reported 131,760 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of AMP includes a breakdown across 7of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

AMP's Scope 3 Emissions Over Time

201920202021202220232024045 k90 k135 k180 ktCO2e-37%+3%+1625%-7%-12%
  • Total Scope 3
  • Year-over-Year Change

What are AMP's Scope 3 emissions?

In 2024, AMP reported total Scope 3 emissions of 131,760 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 2.85%of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.15%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has AMP reduced its Scope 3 emissions over time?

Since 2019, AMP's Scope 3 emissionshave increased by 826.13%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), AMP's Scope 3 emissions decreased by 11.96%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does AMP disclose?

In 2024, AMP reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2024, the largest contributors to AMP's Scope 3 emissions were:a

  • Investments (Cat. 15): 128,000 tCOâ‚‚e(97.15%)
  • Purchased Goods and Services (Cat. 1): 1,578 tCOâ‚‚e(1.2%)
  • Business Travel (Cat. 6): 1,139 tCOâ‚‚e(0.86%)

AMP's Scope 3 Emissions by Categories

Investments(Cat. 15)(97.1%)Purchased Goods andServices (Cat. 1)(1.2%)

Insights into AMP’s GHG Emissions Intensity Compared to Industry Peers

In 2024, AMP reported Scope 1 greenhouse gas (GHG) emissions of 26 tCOâ‚‚e and total revenues of USD 531 millions. This translates into an emissions intensity of 0.05 tCOâ‚‚e per millions USD.a

AMP's Scope 1 Emissions Intensity Compared to Peers

2501,00020,0001,000,000Scope 1 Emissions (tCO2e)202001,00010,000100,000Revenues (Millions of USD)WPerpetualYear: 2025Scope 1: 50 tCO2eRevenue: $M 888Scope 1 Intensity: 0.06 tCO2e/$MNational Australia BankYear: 2024Scope 1: 5,635 tCO2eRevenue: $M 14,262Scope 1 Intensity: 0.40 tCO2e/$MBank of Queensland LtdYear: 2024Scope 1: 328 tCO2eRevenue: $M 1,080Scope 1 Intensity: 0.30 tCO2e/$MAUB GroupYear: 2023Scope 1: 621 tCO2eRevenue: $M 493Scope 1 Intensity: 1.26 tCO2e/$MMacquarie GroupYear: 2025Scope 1: 482 tCO2eRevenue: $M 4,243Scope 1 Intensity: 0.11 tCO2e/$MBendigo and Adelaide BankYear: 2025Scope 1: 960 tCO2eRevenue: $M 1,261Scope 1 Intensity: 0.76 tCO2e/$MSuncorp GroupYear: 2025Scope 1: 2,531 tCO2eRevenue: $M 10,152Scope 1 Intensity: 0.25 tCO2e/$MWWWHSP HoldingsYear: 2024Scope 1: 8,375 tCO2eRevenue: $M 386Scope 1 Intensity: 21.72 tCO2e/$MHub24Year: 2023Scope 1: 2 tCO2eRevenue: $M 184Scope 1 Intensity: 0.01 tCO2e/$MQBE Insurance GroupYear: 2024Scope 1: 7,746 tCO2eRevenue: $M 28,796Scope 1 Intensity: 0.27 tCO2e/$MANZ Group HoldingsYear: 2024Scope 1: 5,958 tCO2eRevenue: $M 14,072Scope 1 Intensity: 0.42 tCO2e/$MEvolution MiningYear: 2024Scope 1: 225,199 tCO2eRevenue: $M 39Scope 1 Intensity: 5,839.16 tCO2e/$MCommonwealth BankYear: 2025Scope 1: 5,592 tCO2eRevenue: $M 18,866Scope 1 Intensity: 0.30 tCO2e/$MMedibankYear: 2025Scope 1: 58 tCO2eRevenue: $M 5,621Scope 1 Intensity: 0.01 tCO2e/$MZipYear: 2022Scope 1: 8 tCO2eRevenue: $M 429Scope 1 Intensity: 0.02 tCO2e/$MComputershareYear: 2024Scope 1: 3,344 tCO2eRevenue: $M 4,544Scope 1 Intensity: 0.74 tCO2e/$MChallengerYear: 2025Scope 1: 3 tCO2eRevenue: $M 491Scope 1 Intensity: 0.01 tCO2e/$MNIB HoldingsYear: 2025Scope 1: 60 tCO2eRevenue: $M 2,360Scope 1 Intensity: 0.03 tCO2e/$MInsurance Australia GroupYear: 2025Scope 1: 6,770 tCO2eRevenue: $M 9,717Scope 1 Intensity: 0.70 tCO2e/$MASXYear: 2025Scope 1: 37 tCO2eRevenue: $M 743Scope 1 Intensity: 0.05 tCO2e/$MSteadfast GroupYear: 2024Scope 1: 704 tCO2eRevenue: $M 801Scope 1 Intensity: 0.88 tCO2e/$MAMPYear: 2024Scope 1: 26 tCO2eRevenue: $M 531Scope 1 Intensity: 0.05 tCO2e/$M

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

In 2024, AMP reported a Scope 1 emissions intensity of 0.05 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.3, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does AMP rank on GHG emissions intensity within its industry?

In 2024, AMP ranked 6 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into AMP's Total Carbon Footprint

In 2024, AMP reported a total carbon footprint of 132,422 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.09% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to AMP's total carbon footprint was Scope 3 emissions, accounting for 99.5% of the company's total carbon footprint, followed by Scope 2 emissions at 0.48%.a

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