Aes Sustainability Profile
The AES Corporation, commonly referred to as AES, is a leading global energy company headquartered in the United States. Founded in 1981, AES has established a strong presence in various regions, including Latin America, Asia, and the Caribbean, focusing on the generation and distribution of electricity. With a commitment to sustainable energy solutions, AES offers a diverse portfolio of services, including renewable energy generation, energy storage, and utility-scale projects. The company is recognised for its innovative approach to integrating clean technologies, positioning itself as a key player in the transition to a low-carbon future. Notable achievements include significant investments in renewable energy and a robust market position, making AES a trusted name in the energy sector. Through its dedication to operational excellence and sustainability, AES continues to shape the future of energy worldwide.
DitchCarbon Score
How does Aes's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity Transmission industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Aes's score of 82 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aes's reported carbon emissions
In 2024, AES reported total carbon emissions of approximately 30.1 billion kg CO2e, comprising 27.8 billion kg CO2e from Scope 1, 439 million kg CO2e from Scope 2, and 1.9 billion kg CO2e from Scope 3 emissions. This marks a decrease from 2023, where total emissions were approximately 36.3 billion kg CO2e, with Scope 1 emissions at 33.4 billion kg CO2e, Scope 2 at 422 million kg CO2e, and Scope 3 at 2.5 billion kg CO2e. AES has set ambitious climate commitments, including a target to achieve net-zero carbon emissions from electricity sales by 2040. Additionally, the company aims to eliminate coal from its portfolio by 2025. Near-term goals include a 30% reduction in Scope 2 emissions from 2020 levels by 2030 and an 18% reduction in greenhouse gas emissions per MWh generated for both Scope 1 and 2 by 2030, compared to 2020 levels. AES has also achieved carbon neutrality, offsetting all historical Scope 1, 2, and 3 emissions, demonstrating its commitment to sustainability and climate action. The data reflects a proactive approach to reducing emissions and transitioning to low-carbon energy sources, aligning with global climate goals.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 68,634,068,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 73,856,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 6,241,606,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Aes's Industry?
How Carbon Intensive is Aes's Location?
Aes's Scope 3 Categories Breakdown
Aes's Scope 3 emissions, which decreased by 24% last year and decreased by approximately 70% since 2015, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 6% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 99% of Scope 3 emissions.
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Aes's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Aes has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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