Aes
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 Petroleum Electricity 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 43 is higher than 82% 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 2023, AES reported total emissions of approximately 1,306,500 kg CO2e in Brazil, with a breakdown of 958,800 kg CO2e from Scope 1, 284,100 kg CO2e from Scope 2, and 1,068,600 kg CO2e from Scope 3 emissions. Globally, their Scope 1 emissions reached about 33,901,488,000 kg CO2e, while Scope 2 emissions were approximately 472,668,000 kg CO2e, and Scope 3 emissions included 1,703,000 kg CO2e from business travel and 9,963,000 kg CO2e from waste generated in operations. AES has set ambitious climate commitments, aiming for a 70% reduction in carbon intensity from 2016 levels by 2030. They also plan to reduce Scope 1 and 2 greenhouse gas emissions by 18% per MWh generated by 2030, compared to 2020 levels. Furthermore, AES is committed to achieving net-zero carbon emissions from electricity sales by 2040 and intends to eliminate coal from their portfolio by 2025. The company has already achieved carbon neutrality for its operations and is focused on offsetting all historical emissions across Scope 1, 2, and 3 by 2025. These initiatives align with their broader strategy to transition to low-carbon and carbon-free energy sources, supporting the objectives of the Paris Agreement.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 70,339,000,000 | 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 | 368,100,000 | 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 | 3,200,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | - | 0,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Aes is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
