We aim to support a diverse, equitable, and inclusive workforce, marketplace, and society.
Promote Diversity, Equity, & Inclusion Goals
- Maintain 100% pay equity across genders globally and across races and ethnicities in the US
- Double annual spend with underrepresented-owned suppliers in the US from a 2019 baseline to $750 million by the end of 2024, including increasing spend with Black-owned suppliers to at least $100 million annually
- Provide access to capital and financial education to at least 250,000 underrepresented-owned small-and-medium-sized businesses in the US from late 2020 through 2024
- Develop more inclusive marketing initiatives, as well as design and build product experiences and programs that better meet the needs of underrepresented consumer and business customers
- Provide $50 million in grants from late 2020 through 2024 to nonprofits focused on addressing inequality and promoting social justice, including those led by members of underrepresented groups
2022-2023 Progress and Highlights
- Maintained 100% pay equity across genders globally and across races and ethnicities in the US for the third consecutive year
- Spent $758 million in 2022 with underrepresented-owned suppliers in the US, including $60 million with Black-owned suppliers
- Supported over 400,000 underrepresented-owned small- and medium-sized businesses in the US from October 2020 through December 2022, exceeding our initial goal of providing access to capital and financial education to at least 250,000 businesses by 2024
- Launched Digital Accessibility Policy for American Express National Bank in 2022
- Provided $30.5 million in grants to nonprofits focused on addressing inequality and promoting social justice from October 2020 through December 2022
In the News
CORPORATE SUSTAINABILITY
American Express Supports Small and Independent Restaurants Around the World with two “Backing Small” Grant Programs
June 2, 2023
Learn more about our progress on our Environmental, Social, and Governance (ESG) Strategy in our 2022-2023 ESG Report.