Since the launch of this program in 2019, American Express has recycled more than 1.3 million cards, including cards returned by Card Members. The program will support a cohort of climate leaders to co-design infrastructure and community building projects that utilize nature-based or clean energy solutions to help increase the resilience of neighborhoods to future risks and disasters. If you do not change it, the system will automatically carry forward your previous year's airline choice. Actual results may differ from those set forth in the forward-looking statements due to a variety of factors, including: the amount and efficacy of investments in product innovations, resources, marketing campaigns and programs; changing customer behaviors, interest in the companys products, resources and programs; managements inability to identify suitable suppliers, partners and community investments and negotiate acceptable terms; an inability to build partnerships and execute programs with other companies and of partners to meet their obligations to the company; changes in developing standards and certifications; the cost and availability of renewable energy, carbon removal and carbon offset projects and energy attribute certificates; regulation; changes in the companys colleague and community engagement strategies; and changes in economic or business conditions. The company also launched the first American Express Card manufactured mainly from reclaimed plastic collected from beaches, islands, and coastal communities in 2019 along with a Card Take Back program for U.S. Card Members. Field sites are individual properties that are not operationally managed by our global real estate team but directly by our business units. The forward-looking statements, including the companys aspirational ESG commitments and goals, contain words such as expect, anticipate, intend, plan, aim, will, may, should, could, would, likely, commit, hope, continue, or other similar expressions. Current news and data streams about global warming and climate change from NASA. To learn more about American Express approach to ESG to support colleagues, customers and communities, check out its 2020-2021 Environmental, Social, and Governance (ESG) Report. For American Express, this journey is really a 365-day approach, and were using Earth Day as a time to examine our climate goals and report on progress and how were driving innovation. Engage our colleagues in sustainability initiatives . People living in poverty are more vulnerable to the effects of climate change for many reasons. Leah M. Gerstner, Leah.M.Gerstner@aexp.com, +1.212.640.3174 Were all still learning in this space and its important to be ambitious and practical by doing what we can as a company to reduce our emissions as much as possible while doing our part to ensure a low-carbon future. Company plans to introduce new digital solutions to help corporate clients better understand their carbon footprint and expand the availability of its recycled plastic cards, As part of its $10 million philanthropic commitment toward climate action, the company is providing $2.25 million in grants to American Forests, National Park Foundation, and Earthwatch Institute. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS. Scientific Consensus: Earth's Climate Is Warming. Our latest national survey finds that, in the midst of the COVID-19 epidemic, American public opinion about climate change has remained steady and, in some cases, reached all-time highs. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. About Downscaling Climate Opinions. Prepaid rental cars (booked through American Express Travel) 1 point . Media: The forward-looking statements, including the companys aspirational emissions and climate-related commitments and goals, contain words such as believe, expect, anticipate, intend, plan, aim, will, may, seek, should, could, would, likely, potential, continue or other similar expressions. We are working to engage thousands more of our colleagues globally in company-sponsored activities through our Green2Gether program, such as recycling drives, online lectures, community clean-ups, and food sustainability awareness campaigns. Walking, biking, taking public transit, carpooling, and adopting a more plant-forward diet are all ways to be more mindful about our . To learn more on how we use your information and how we protect your privacy, please read our, Check for Pre-qualified Credit Card Offers, Credit Intel Financial Education Center. Fully 79% of Americans express a great deal (33%) or a fair amount (46%) of confidence in the military to act in the best interests of . 1. Operations include all our managed facilities, field sites and data centers. Its no longer taboo to talk about climate change in the business world; here's what you can do to make a change. INTRODUCING LOW-CARBON SOLUTIONS FOR CUSTOMERS. 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. Expect handpicked insights and inspiration for small businesses straight to your inbox. As part of its objective to manage climate-related financial risks, American Express is also signing up to be a supporter of the Task Force on Climate-Related Financial Disclosures (TCFD), created by the Financial Stability Board and chaired by Michael Bloomberg. Democrats remained highly supportive (rising slightly from 86% to 88%). Product names and features may vary by country, and not all products or features are available in all countries. We undertake no obligation to update or revise any forward-looking statements. What are the conversations you are having now that you werent having five years ago or even one year ago? American Express will also join the Business Ambition for 1.5C commitment and Race to Zero, and will provide at least $10 million in new philanthropic funding towards organizations and initiatives that drive action on climate change through 2025. To reduce the companys consumption of virgin plastic, in 2019 American Express launched the first-ever Card manufactured primarily from reclaimed plastic collected from beaches and coastal communities. More than two-thirds (68%) of the adults APA surveyed said they had "at least a little 'eco-anxiety,'" or anxiety or worry about climate change and its effects. American Express Card Take Back program enables U.S. Card Members to return both plastic and non-plastic cards by mail for recycling. Our Executive Committee and Board members have been engaged throughout the process and provided strong insights that helped us closely align our ESG strategy with our businesses and turn it into action. Up in this a new million / You heard me, Sensato / It's Mr. Worldwide / Y El mundo es el patio / Let my dreams y'all dormant / Category Sixes are storming / Take this as a, take this a warning . The forward-looking statements, including the companys aspirational emissions and climate-related commitments and goals, contain words such as believe, expect, anticipate, intend, plan, aim, will, may, seek, should, could, would, likely, potential, continue or other similar expressions. 4. "When it comes to climate change response, China is at a different stage than the U.S., Western nations and other developed countries." Le Yucheng, China's vice foreign minister, said last week. But most of the imaginative proposals that I receive from idealistic business leaders who hope to address our society's greatest challengessuch as climate change and protecting the environmentrequire massive investment, with years of research and development before launch. 2 This Morning Consult poll was conducted between March 8-13th, 2022 among a national sample of 2,000n US and 1,000n travelers in Japan, Australia, Mexico, India, UK, and Canada who have a household income of at least $70K and defined as adults who typically travel by air at least once a year. Including the grants in this announcement, American Express has now pledged over $8 million in grants towards its $10 million philanthropic goal. Today's breaking news and more in your inbox. Starting July 1, 2021, the card will have an annual fee of $695, up from the previous $550 . Were sorry, but it looks like something went wrong. Through our actions at home and our leadership abroad, the United . The climate crisis can feel like an overwhelming topic and can be a source of anxiety for kids and families. American Express Moves Toward a Low-Carbon Future, and Madge Thomas, Head of Corporate Sustainability. Already carbon neutral since 2018, the company plans to set science-based targets for its operations and supply chain to reach this goal and provide $10 million in new philanthropic funding toward initiatives that address climate change. Climate change Climate change refers to long-term shifts in temperatures and weather patterns, mainly caused by human activities, especially the burning of fossil fuels. EXPANDING AVAILABILITY OF RECYCLED PLASTIC CARDS. 2020-2021 Environmental, Social, and Governance (ESG) Report, Environmental, Social, and Governance reports, https://www.businesswire.com/news/home/20220406005316/en/. Roughly a quarter (27%) of Republicans say climate change is a major threat, compared with more than three-quarters of Democrats (83%) - a 56 percentage point difference. The film used to make the basket comes from a 1967 documentary . They're often forced to live in makeshift homes, on land prone to flooding, storms and landslides. How do global awareness moments, such as Earth Day, help drive progress toward advancing climate solutions? An article from our July 1959 issue examined climate change: "A current theory postulates that carbon dioxide regulates the temperature of the earth. As Lisa Friedman reported in the New York Times last week: Flights (booked through American Express Travel) 1 point = 1 cent. American Express is launching a selection of "Shop with Purpose" Amex Offers for the duration of Earth Month to eligible U.S. Consumer and Small Business Card Members to support spending on eligible purchases from select Certified B Corporations like Avocado Green Mattress, Stumptown Coffee Roasters and pre-loved designer fashion marketplace, Vestiaire Collective, and other brands committed to making a difference. Around this time, we also established an ESG Steering Committee to analyze these findings and turn them into a powerful and actionable strategy that we would execute on in close collaboration with senior leaders across our business units. Scientist Rebellion activists chain themselves together in protest of the U.N. While climate change affects all of us, it affects those already battling socioeconomic hardships even more. INTRODUCING LOW-CARBON SOLUTIONS FOR CUSTOMERS. Photo Credit_Courtesy of American Express, report on progress and how were driving innovation. Understanding and addressing climate change is critical to EPA's mission of protecting human health and the environment. View source version on businesswire.com: https://www.businesswire.com/news/home/20220406005316/en/, Ashley Tufts, Ashley.Tufts@aexp.com, +1-212-640-3193Leah Gerstner, Leah.M.Gerstner@aexp.com, +1-212-640-3174. Field sites are individual properties that are not operationally managed by our global real estate team but directly by our business units. A Health Check for South American Mangroves This source accounts for about 10% of all the water that enters this highly productive farmland, including rivers and rain. Vital Signs of the Planet: Global Climate Change and Global Warming. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. They are typically smaller sites, less than 30,000 square feet (including airport lounges, foreign exchange kiosks, and sales offices) that are owned or leased by American Express. These goals are part of American Express commitment to advancing climate solutions, which is one of the core pillars of its ESG strategy and build on its previous efforts to support the transition to a low-carbon economy. Yet, 84% of consumers surveyed agree they would like to better understand their carbon footprint, and 65% agree they are unsure of what actions they can personally take to reduce it. In addition, the grant will support the creation of a Climate Change Master Class that will be accessible virtually later this year to American Express colleagues. A growing, disruptive cutting-edge technology is actually helping humans and society. The National Climate Assessment report released on May 6, detailing how climate change has been affecting the United States and how extreme weather conditions are going to be more common, reads a little like a disaster movie.. The . to help scale the International Coastal Cleanup. Overall, people who believe a majority of Americans think global warming is happening are more likely to express pro-climate views and behaviors. American Express will also join the Business Ambition for 1.5C commitment and Race to Zero, and will provide at least $10 million in new philanthropic funding towards organizations and initiatives that drive action on climate change through 2025. 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, 2021 and the companys other filings with the U.S. Securities and Exchange Commission. JS: I believe increased focus on climate disclosures and efforts to standardize and regulate them will dominate the conversation. Cautionary Note Regarding Forward-Looking Statements. These grants support nature-based solutions and sustainability efforts in local communities, particularly in urban areas. The American Express International Airline Program (IAP) is one of the lesser-known benefits for those who hold The Platinum Card from American Express, The Business Platinum Card from American Express or the Centurion Card from American Express.. Managed facilities are individual properties operationally managed by our global real estate team and housing critical business functions. They are typically smaller sites, less than 30,000 square feet (including airport lounges, foreign exchange kiosks, and sales offices) that are owned or leased by American Express. Recent polls from the Yale Program on Climate Change Communication show that 66 to 80 percent of people in the U.S. support major climate mitigation policies. To reduce the companys consumption of virgin plastic, in 2019 American Express launched the first-ever Card manufactured primarily from reclaimed plastic collected from beaches and coastal communities. Figure b1. Greenhouse gases in the atmosphere, including water vapour, carbon dioxide, methane, and nitrous oxide, absorb heat energy and emit . American Express (NYSE: AXP) today announced plans to introduce new digital solutions to enable corporate clients to better understand and manage their carbon footprint, including digital carbon tracking and offset solutions, and the expansion of its recycled plastic cards. 3 American Express Carbon Footprint Tool calculations are derived by applying selected conversion factors to spending made with the following American Express Corporate products: Corporate Card, Business Travel Account, Corporate Meeting Card, Corporate Purchasing Card, Buyer Initiated Payments, vPayments and Amex Go. Switch to an energy company that uses renewable energy sources to power your home (instead of fossil fuels like gas) with a renewable energy tariff in your home or business or install solar panels on your roof to reduce your home carbon emission and your fuel bills. For this Earth Month, our Chief Corporate Affairs Officer, Jen Skyler, and Head of Corporate Sustainability, Madge Thomas, shared their perspectives on how American Express is building on its sustainability commitments to reduce the companys carbon footprint by engaging our colleagues, customers and community partners across a range of initiatives to address the climate crisis. To learn more about American Express ESG strategy to support colleagues, customers and communities, check out its 2021-2022 Environmental, Social and Governance (ESG) Report at, American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Last year, American Express announced a goal to pilot low-carbon product innovations for its customers as part of its Advancing Climate Solutions initiatives, which is a core pillar of the companys ESG strategy. The company also launched the first American Express Card manufactured mainly from reclaimed plastic collected from beaches, islands, and coastal communities in 2019 along with a Card Take Back program for U.S. Card Members. Temperature data showing rapid warming in the past few decades, the latest data going up to 2022. According to the latest Amex Trendex 2, a trend report from American Express, 76% of consumers surveyed feel a greater urgency to address climate change than they did a year ago. EXPANDING AVAILABILITY OF RECYCLED PLASTIC CARDS. The companys goal is to have the vast majority of plastic cards issued by American Express be made of at least 70% recycled or reclaimed plastic by the end of 2024, which can help avoid nearly 160,000 pounds of virgin plastic from being used annually. Social, and Governance ( ESG ) Report, Environmental, Social, and Madge Thomas, Head Corporate... 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