Finance

AmEx Pledges Net Zero by 2035, Pushes Suppliers to Set Targets

Firm has reached carbon neutrality across own operations
‘We have a responsibility to take decisive action,’ CEO says

Signage is displayed inside the American Express Co. Centurion Lounge during a media preview event at Los Angeles International Airport (LAX) in Los Angeles, California, U.S., on Thursday, March 5, 2020. AmEx has told shareholders that spending on membership services, which includes its lounge collection, will be its fastest-growing expense this year—cost decisions that came prior to the current crimp on global travel due to coronavirus.Photographer: Patrick T. Fallon/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Jennifer Surane

September 21, 2021 at 10:55 AM UTC

This article is for subscribers only.

American Express Co. committed to reach net-zero greenhouse-gas emissions by 2035 and said it will encourage its top suppliers to set targets of their own.

The credit-card giant already reached carbon neutrality across its own operations, and has been powered entirely by renewable energy since 2018, it said in a statement Tuesday. Now, the New York-based firm will ask its outside vendors to track and reduce their own emissions as part of the bigger pledge.