American Express Moves Up JUST Capital’s Ranking of America’s 100 Most JUST Companies

American Express was recognized on JUST Capital’s annual ranking of America’s 100 Most JUST Companies for the fourth year in a row. The list ranks America’s largest public companies on environmental, social, and governance (ESG) and stakeholder issues that JUST Capital believes matter most to the American public, including supporting workforce retention and training, providing a positive customer experience, reducing environmental impact by using sustainable materials and more.

The 2023 list was released today in partnership with CNBC, and Amex ranked #62 overall, a 23-position jump over last year.

“We’re proud to be named to Just Capital’s JUST 100 list for powerfully backing our colleagues, customers, and communities,” said Jennifer Skyler, Chief Corporate Affairs Officer and Chair of the American Express Foundation. “Our improved ranking is a testament to the significant progress we’ve made putting our Corporate Sustainability strategy into action.”

American Express’ strategy is centered around three core pillars: Promote DE&I, Advance Climate Solutions, and Build Financial Confidence. Some highlights of the company’s progress from the last year include: 

Promote Diversity, Equity and Inclusion

• Exceeded $1 billion in spending in March 2022 towards our DE&I Action Plan announced in October 2020 and announced an additional $3 billion toward DE&I initiatives through 2025, as detailed in our 2022 Diversity, Equity & Inclusion report.
• Maintained 100% pay equity across genders globally and across races and ethnicities in the U.S. for the 2nd consecutive year.

Build Financial Confidence

• Established a new community impact initiative called “Backing Small,” which brings together grant programs to build financial confidence and support small business: $17M pledged through 2024 to support economically vulnerable or underrepresented small business owners.
• Supported small businesses through Small Business Saturday, which we launched in 2010 to help to help independent retailers and restaurants gain more customers and has since evolved into a tradition for consumers and merchants across the United States. Since 2020, we have spent more than $300 million toward Shop Small campaign initiatives, and Shop Small has grown into a global, year-round movement.

Advance Climate Solutions

• Committed to net-zero emissions by 2035 in alignment with the Science Based Targets initiative (SBTi).
• Goal to provide at least $10 million in grants to back low-carbon communities by 2025 working with our nonprofit partners. Examples include our work with C40 Cities to support the development of consumption-based emissions inventories in New York City and London.
• Engaged our colleagues in sustainability initiatives through the Green2Gether program.

Interested in learning more about the work we do to back our colleagues, customers, and communities? Check out our Corporate Sustainability page.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements, which are subject to risks and uncertainties. The forward-looking statements contain words such as “expect,” “goal,” “commit,” “plan,” “will,” “may,” “should,” “could,” “would,” “likely,” and similar expressions. Actual results may differ from those set forth in the forward-looking statements due to a variety of factors, including those described in the 2021-2022 Environmental, Social and Governance Report and American Express’ filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. American Express undertakes no obligation to update or revise any forward-looking statements.